Whilst many manufacturers profess to be agile and in control, often when you look beneath the surface the fact is they simply have a great team of firefighters.
Two years after Russia’s mass invasion of Ukraine compounded pandemic-induced supply chain chaos, volatility persists. Resilience is built by implementing robust contingency planning, data-backed agility, and closer supplier partnerships.
With over 70 elections set to stir volatility, companies must boost risk planning while avoiding short-term reactions that forfeit future adaptability.
As airline struggles show, UK PLC is still recovering lost capacity post-pandemic. Businesses must invest in resilience and clearly communicate to manage customer expectations.
There are no hard and fast rules to making a business more sustainable, but a tailored and holistic approach to sustainability that meets a company’s strategy and aims will pay in more ways than one.
Whatever you think about what caused the downward spirals suffered by these banks, it would be wise to work on the basis that there may well be more to come and, if so, their consequences could be far-reaching.
The falls of Silicon Valley Bank and Credit Suisse are concerning, but now is the time to be building agility and flexibility into the business to better navigate volatility and triumph in the longer term.
The accountancy profession is not unique in its talent-sourcing challenges. A number of factors, both global and UK-based, are colliding to create a perfect storm for businesses.
Of course, the UK government must act quickly to combat climate change, but ill-thought-through schemes risk being counter-productive, effectively heaping pressure on businesses and consumers.
Doom-mongering headlines dominate, but they don’t tell the whole story – wealth inequality is growing, so aiming for either the higher or lower end of the market is strategically smart.
In 2023, we believe a two-tier economy will emerge with sectors such as retail and hospitality struggling as the UK enters recession.
In this article we share expert advice on managing inflation.
