Most (business or technical) entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Is it any wonder…

The opinion on overtime is divided. Some are all for it, saying it helps businesses cater to a temporary increase in demands while allowing the employees a chance to earn a little more. On the other hand, there is an equal and maybe even more significant number of people that are vehemently against it for…

Following a year of economic upheaval, organizations are left with no choice but to re-evaluate every aspect of their business. In the next six months of 2021, organizations will need to face existing challenges and come up with ways to build resilience and create sustainability in a rapidly evolving business environment. With continued uncertainty and…

Hungary enjoys a particularly strategic location in Central Europe. The country poses attractive business opportunities for international trade and small medium businesses or established corporates, thanks to its export-driven and open economy, which has been on a fast track to growth in recent years.Based on numerous sources Susanna Toth, Alireza Yaghmaei and Steven Paul of…

Inclusive and diverse companies are at the forefront of innovation. However, many companies today still struggle to provide equal opportunities to all and fail to attract talent from different economic backgrounds, cultures, ethnicities, and religions. However, for those organizations willing to take up the challenge, the outcome can be very rewarding. Establishes a Sense of…

Back in 2014, some of the largest tech companies around started the trend of releasing annual diversity reports. These companies included the likes of Microsoft, Facebook, Google, and Apple. The idea behind this was to shed light on their workforce composition. However, the data revealed only raised many eyebrows, and for good reason. The reports…

For small and medium businesses, now is a good time to enter the global marketplace. Currently, the most dynamic growth markets are called “emerging markets” which offer high-risk and high-return opportunities for investors. Statistics show that emerging markets will account for over $53,496 billionin GDP by 2026. However, the COVID-19 pandemic has posed a challenge…

At one point or another, you will need to make difficult decisions as a leader — and there is no easy way to do this. Difficultdecisions involve risks, money, and people, and the stakes are high. When making a difficult decision, it is likely that you will not be able to make everyone happy. However,…

Businesses today, especially growing ones, are faced with a range of challenges. This is mainly because as an enterprise begins to scale, new opportunities, as well as problems, start to emerge, which demand out-of-the-box thinking and different solutions. For instance, what used to work a year ago might not be the best approach today. Unfortunately,…

Conflict is normal at the workplace. But, letting those conflicts go unresolved by avoiding difficult conversations can lead to costly consequences for any business. Keeping that in mind, here, we are going to talk about why business owners should encourage having difficult conversations early on at times of conflict or crisis. Helps Mitigate Stress Avoiding…

How to improve crisis management skillsDid you know that nearly 80% of UK organisations experienced at least one crisis in the past five years, according to a 2019 Global Crisis Management Survey? COVID 19 is a global crisis, the likes of which not many of us have witnessed before, and we may not witness again….

Dealing with Today’s Complex Challenges that Shape the Future of a Company   In 2020, the transactions that made it to the global M&A league tables based on deal value were that of Goldman Sachs ($31M), JP Morgan ($20), and BofA Securities Inc. ($19M). However, these pale in comparison to pre-COVID times, where we witnessed mammoth M&A…

The Evolving Customer Experience (CX) Landscape: Where to Focus and How to Prioritize The ultimate aim of all businesses is to generate profit – and that can only be done if you keep your customers satisfied. In today’s digital age, customers are smarter than ever, have higher expectations, want a personalized experience, and demand more…

Creativity in the workplace is defined as the creation of new and useful ideas or solutions. If we’ve learned anything from history, it is that nothing spawns creativity and innovation quite like a global upheaval, and it wouldn’t be wrong to say that we’re currently going through the mother of all global upheavals – the…

The coronavirus pandemic has shone a cruel light on the sorry state of affairs when it comes to the adoption of new technologies in many industries globally, mainly the automotive and healthcare sectors, which have lagged behind others in terms of AI and emerging technology adoption for some time. But all it took was an…

The year 2022 continues to witness many exciting new trends and opportunities in the fintech space, legal tech, and regulatory space from innovations in risk, payments to the use of AI and machine learning to the adoption of blockchain technology. Fintech and business tech enabling leaders continue to be occupied with creating unique solutions and…

Author: Steven Paul Sustainability in a corporate organization is an approach focused on creating long-term economic, social, and environmental impact through the operations of a business. A sustainable business ensures the best interest of society and the environment. Its main aim is to earn profit by being socially responsible and operating in a way that…

Author: Steven Paul The global COVID-19 pandemic is likely to have a lasting impact that will change the face of global and international trade scale for all times. In this blog, we will talk about the trends that are of particular importance when creating expectations on how the global business landscape might evolve post-pandemic. Impact…

Author: Steven Paul For any business owner, regardless of the size of their business or industry, current global events, economic crisis, and a global pandemic can easily weigh one down, forcing a business owner to keep working towards a solution to the point of exhaustion, and that too does not guarantee that your business will…

Author: Steven Paul According to a survey by McKinsey Global, over 800 C-level executives and senior managers admitted that the coronavirus pandemic accelerated the process of digitizing their internal operations as well as their supply chain and customer interactions at least three to four years. Just as the pandemic put people’s lives and their livelihoods…

Author: Steven Paul The new-age leaders are all about change management, committed to learning, being collaborative and keen on technology. They are more involved in the community and giving back to the society. They have a “can-do” attitude and strive to achieve their targets by all ethical means. These are the fundamental characteristics that define…

Author: Steven Paul The year 2022 is witnessing many exciting new trends and opportunities in the fintech space, from innovations in payments to the use of machine learning to the adoption of blockchain technology. Fintech leaders this year are occupied with creating unique solutions and scaling existing ones to meet the rising demands of the…