Features
Business statistics show that 1.3 million business trips are taken in the United States every day. Amidst globalisation, more persons are embarking on business trips and this is because businesses extend beyond the border of their country. Before going on such a trip, adequate preparations must be made for it, as this will guarantee the success of the trip.
Asif Sadiq is an award-winning diversity and inclusion expert, now working as Global Head of Diversity and Inclusion at Adidas. Committed to creating inclusive corporate environments, Asif has also worked as Head of Diversity and Inclusiveness for EY Financial Services, and as Head of Equality, Diversity and Human Rights Unit for the City of London Police.
2020 has certainly been a challenging year for millions of businesses both UK and worldwide. From developing mass remote working policies at speed to ‘pivoting’ product and/or service offerings to appeal to a COVID-19 dominated target audience, it’s no secret that business leaders have had to remain flexible and agile in order to survive this turbulent time. Oliver Rowe, Co-Founder of events management solution, VenuIQ explains.
The current business scene is extremely dynamic and competitive. To survive and thrive in such an environment, you must continuously develop new products to address customers’ ever-changing needs. And to do that you must understand how to bring a product idea to life. This guide will highlight the steps for developing a new product from concept generation to the introduction of the end product into the market.
The biggest marketing trend that we’ve seen throughout 2020 is the drive to build a strong personal brand. Customers are becoming savvy to the ethics and ethos of the businesses that they are buying from. They are being more discerning in their choices driven by the desire to do good and to avoid untrustworthy brands during an unpredictable time.
The current epidemic has created a world of isolation we are rapidly becoming rather familiar with. The use of words like quarantine, face masks and social distancing are part of our daily vocabulary and with that both business and consumer behaviour has seen a dramatic change in activity. With all that said, none of us want to sit back and let our businesses idle. In this very moment we are seeing new startups launch the world over (The Guardian, 19 Nov) as many take advantage of government advice to stay at home as an opportunity to pick up dormant inventions, push for new patents and contribute back to society in these tough and trying times.
After a difficult year, there is no surprise that most people are looking for ways to save some money and scrape those pennies together. No matter which part of your life you are looking to tighten the belt in, it can often be difficult to know where to start; particularly if you are a business owner, who has felt the brunt of this year. We don’t blame you; we have all been there! Try not to stress, however, for we have a helpful and effective list detailed here, of ways you can cut costs to your business, without causing any damage to profits.
How could we have prepared for 2020? It was the question on the minds of many throughout the early months of the pandemic that affected every aspect of daily life. But now, we know the answer: preparation was impossible. However, our collective experiences in this most challenging year have taught us some valuable lessons. Among the most important is that they way individuals, leaders, and companies respond to new and unexpected situations is the true indication of success.
Sometimes even after long pep talks and different ways to motivate your employees, you are not able to create high employee engagement. Despite consistent efforts, you are sometimes not able to attract the best productivity in your workers. In such a scenario, do you ever question your understanding of employee engagement?
Without beating about the hypothetical bush, the future of the labour market in the UK is looking rather bleak. Reports suggest that we are on course for the worst recession in more than 300 years. The Institute for Policy Research meanwhile has warned that more than one million young people could be unemployed by 2021.









