Many industries have had to quickly adapt to new operational guidelines due to the coronavirus outbreak completely changing the economy and the way we live our lives. Many professions that the public took for granted were prevented from operating under their normal circumstances.

The past year has been make-or-break, not just for individual businesses but entire sectors.  Digitisation and market disruption are hardly new trends, but amidst a global pandemic, they have transformed the way we work, shop and live. Many of the businesses that stepped into the gap of legacy businesses have been scale-ups: fast-growth businesses on an upwards trajectory. Think of the likes of Deliveroo, Monzo and Cazoo. The question remains: will these businesses continue to grow once the pandemic has passed?

It’s been a tale of two halves for the startup scene this year. The pandemic has created both challenges and new opportunities - and for many, it’s been a mixed bag of muddling through and innovating out of a crisis. 

In the United States, almost half of adults (46.4%) will experience a mental illness during their lifetime. From 2005 to 2017, the number of reported mental health symptoms has increased by 52% in adolescents, and by 63% in young adults.

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.

As we approach 2021, Michael Niddam, Managing Partner at Kamet Ventures shares his predictions about telemedicine, mental health, healthtech, and insurtech.

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 North East of England, Northern Ireland, Scotland and Yorkshire & Humber are fast becoming new powerhouses for UK tech innovation.

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.

In this article, Tim Hardcastle, CEO and Co-founder of INSTANDA, shares what he thinks will be top of mind for insurers in 2021 and why technology will be critical.

Cyprus is wooing would-be investors to the island by massively speeding up the process allowing third-country nationals to establish new businesses there.

Finding suitable talent for your business has always come with its challenges, and 2020 has accelerated a shift in workplace culture that means a higher level of remote workers, searching for their perfect employment match, creates new hurdles for recruitment.

Looking back on 2020 and learning as many lessons as possible is a very worthwhile exercise for all of us. At the beginning of this series, nearly three months ago, I paraphrased a famous quote from the Monty Python film ‘Life of Brian’, and asked “what has 2020 ever done for us?” 

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.

Christmas this year won’t be the same as every other year. Regardless of where we live and how rigidly we stick to the rules, the gatherings are going to be smaller. It’s been an extraordinarily difficult year for us as individuals, as family members and as entrepreneurs.

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?