The property market for landlords has transformed significantly over the last few years.
There have been changes to property ownership and tenants’ rights in just the last few months, which are likely to affect how residential landlords in particular approach buying and managing a property. Many of these changes began early in 2020 during the onset of the COVID-19 pandemic, and while the initial view was that they were likely to be temporary, some have now been enacted permanently.
Integrating Policy with Technology: How an experimental tech team redefines the way we think about problem-solving
Years ago, as a younger officer who had just joined the Singapore public service, I sat in a classroom listening to a senior civil servant share his philosophy for policy making. “Policy is implementation.” He said, “what’s on paper is only as good as what is actually practiced on the ground.” It sounded like good advice; I scribbled it in my notebook at the time and kept it at the back of my mind.
At Colorintech, we work to support underrepresented people to get into tech and be successful in tech. One of the ways we do that is by supporting underrepresented tech founders by running an annual accelerator programme, but following four editions of this, we wanted to challenge ourselves to think about how we can evolve the model of founder support.
It’s widely documented that entrepreneurship is fraught with challenges. Even the most seasoned of entrepreneurs have tackled many obstacles over their career. It is the lessons that these challenges provide which set you up for future success. These learning opportunities can be even further enriched by consulting entrepreneurs who have overcome similar hurdles.
New businesses are launched seemingly every minute, and every business leader believes they have stumbled on the next big thing. However, the Association of Business Executives has stated that approximately 660,000 new companies are registered in the UK every year, of these, 20% will not make it past their first year, rising to almost 60% within three years.
Walt Disney’s first animation company went bankrupt before he created his entertainment empire. August Horch was ousted from his company before going on to pioneer what would eventually become Audi. Bill Gates’ traffic data measuring company failed when many states began offering this service for free
In 1962, Arthur C Clarke wrote “magic’s just science we don’t understand yet”, and it’s a quote that bears striking relevancy today. Nearly every home in the developed world is filled with a menagerie of electronic gadgets allowing cheap, easy, and near-instantaneous communication with almost anyone, regardless of their global location.
The IT market is experiencing a crisis all over the world - the number of vacancies is declining, while the number of specialists open to new offers is steadily growing. There are many reasons for such changes in the IT market. The main now is the Russia’s invasion of Ukraine, the economic crisis and its consequences in all spheres of our lives
Every company is struggling to attract enough talent. Despite huge pressure to fill jobs, record levels of recruitment woes globally are showing no signs of improvement. By 2030, research consultancy Korn Ferry estimates that more than 85 million jobs could go unfilled because there simply aren’t enough skilled people to take them.
One of the biggest challenges that businesses are experiencing today is recruitment. Described as The Great Resignation, the UK has seen higher-than-usual numbers of employees voluntarily leaving their jobs since the pandemic, which is having a huge impact on businesses finding and retaining talent.
In the face of rising care backlogs and staffing shortages, healthcare services urgently need innovative solutions to deliver sustainable transformation and support. As an Accident and Emergency doctor, I witnessed first-hand how poorly implemented, inflexible tech put additional pressure on clinicians and affected the ability to provide the best patient care.
Our brain is constantly evolving. According to Zimmer, the brain has up to 100 billion neurons which create 100 trillion neural connections, making our brain into a highly complex thinking machine. We can take seemingly random pieces of information and connect them to completely unrelated subjects and create something new, which is why as humans we are incredibly creative and innovative. It seems like a paradox then, as despite this, we can find it so difficult to break negative habits that may even be detrimental to us.
Soaring fuel and energy costs have seen average household energy bills in the UK forecasted to rise to more than £3,000 this winter, this is also going to have a significant impact on offices too. While rocketing energy costs are certainly a cause for concern for many businesses, there are some reliable ways to increase the energy efficiency of your office and reduce outgoings.
Since handymen and labourers returned to work following national lockdowns, competition is back to pre-pandemic levels. The rising cost of living, altered working schedules and the new remote culture have led to an increased reliance on contractors. More so than ever before, it’s essential that your jack-of-all-trades company name is well-known, and that your services stand out from the crowd, but how can you get the best results from your handyman business?
If you are in the process of starting a new small business, you will be well aware of the various challenges that you may have to face in the near future. In Britain alone, you will be competing with another 5.5 million small businesses which means that you will have to pull out all of the stops in order to make enough revenue to stay afloat.
Driven by the goods and services that address an increasing expectation, the anywhere economy is built upon solid foundations: anything, anytime, anywhere, all enabled by the Internet. After the traditional economy faltered during the pandemic, the anywhere economy surged. Companies like Zoom, Netflix and Amazon became providers of essential services for work, life and sanity.
Stemming from the continued effects of the COVID-19 pandemic, the climate crisis, and now the cost of living crisis, the Great Resignation is still a critical issue across numerous industries. Led principally by Generations Y and Z, employees have left their posts in droves for various reasons, from personal to political.
Companies are beginning to realise how important good food is in attracting talent and creating healthy workplaces that look after their employees. A recent study revealed two-thirds of respondents believe an organisation which prioritises their health and wellbeing would make them more likely to stay in their current role, so healthy food and beverage provisions should not be overlooked.
Storage is an essential factor in this age of digital technology. Many businesses have adopted the trend of storing data in a storage area network. This dedicated network comprising several storage devices allows multiple computers and servers to access shared storage. As a result, organisations can manage storage from a central place and apply data protection, security, and disaster recovery standards.
The Covid-19 pandemic proved to be a turning point for the corporate work culture, as companies reevaluated their practices and found new ways to respond to the evolving needs of the workplace. Amid lockdowns and social distancing, many employers rose to the occasion, strengthening their communications and relationships with staff while reimagining the workplace to accommodate hybrid work and a more supportive and encouraging environment.
Data has come to dominate many aspects of our lives, with Big Tech companies tracking almost everything we do online or on our phones. It is estimated that by 2025 we will have created nearly 200 zettabytes worth of data as more and more devices record more and more information. That is an unimaginably large amount of data. A zettabyte is one sextillion (one followed by 21 zeros) bytes. The Bible is just four million bytes.
For some business people, the opportunity to establish an overseas business is irresistible. Globalisation, increased online communication, the lure of international supply chains, and emerging markets are encouraging businesses from every industry to travel to foreign lands in search of new customer bases and better material sources.
One of the many consequences of COVID-19 is the increase in those working remotely, with almost 50% of people working from home at some point during the pandemic. This type of working has many benefits, as does working in an office, and as we have begun to return to normal this has provided a new challenge for many companies. How do you navigate managing a workforce where some people are remote, some are hybrid and some are full-time office-based? In this article, we will explore some of the best techniques for achieving synergy within a geographically diverse team.
Employers have a legal responsibility to take care of their employees and to make everyone aware of how to handle potential hazards in the workplace. Apart from these legal reasons, they also have a moral responsibility with their employees and with society at large to guarantee the health and safety of the collective.
How many times have you read the words ‘this tweet was posted in error by an intern’? It happens far too frequently and regardless of whether it’s true or not, it highlights the lack of any strategic approach to social media. Whether you have a large team, are a startup, or all of your social media content is handled by you as the founder - the common mistake many businesses make is by treating the medium as just another sales channel.
The pandemic forced the world to change its working habits, with many working from home full time for the past two years to ensure employee safety. However, over two years on since the pandemic was declared, workplace habits are beginning to change. With 80% of people surveyed by Mckinsey stating they enjoy working from home and 41% of people saying they are more productive, is working from home here to stay? Mark Bond, Group Chair, Mentor and Coach at Vistage discusses.
Funding rounds and cash injections are fantastic for startups - but what we don’t often see discussed are the business challenges that rapid growth can present. For example, the cash injection following our Series B funding round helped us triple our headcount in just six months - but because our onboarding process wasn’t built to handle so many new employees joining, we realised this simple inefficiency was hindering everyone’s success.
As we celebrated World Youth Skills Day earlier this month (15th July) - the annual celebration of the strategic importance of equipping young people with skills for employment and entrepreneurship as they begin their career journey, we wanted to highlight some tips from business leaders on how we can support the next generation as they enter the workforce.
When establishing a startup, or later on during the whole scale up journey, there is one general concept that holds good, and that is that you should try to under promise and over deliver. When producing a Pitch Deck or Business Plan don’t just focus on the best case scenario and don’t always just go for the highest valuation as there can be many downsides in doing this; raised expectations is only one of them.
Due to the impact of the pandemic, traditional working structures have been upended. During various lockdowns and restrictions, the global workforce had the opportunity to reflect and re-evaluate what they wanted from a career. From more flexible work arrangements to greater autonomy or even a complete industry change, this mindset shift is coming to fruition in the form of the so-called Great Resignation. And employers are faced with the consequences.
I have always worked in tech, so have needed to understand the technical nature of the products we are building. This process has generally been over-complicated for me so I now always try to write a guide for non-technical people like me. It turns out that once you understand it you can explain it to other non-technical people much easier.
Even before the global health crisis changed the face of enterprise forever, digital transformation was soaring higher and higher on the business agenda for boards of directors worldwide. When it comes to establishing and holding a competitive edge, digital solutions can set businesses apart with improved operational efficiency and agility.
One of the most difficult things to being a founder or running an early-stage business is the lack of human resources and the sheer amount and diversity of work that needs to be done. This can so often lead to founders getting caught in a cycle of fighting fires and finding themselves not able to have a planned approach, nor to being able to look at the overall picture of what needs to be done and when.
Those currently in the early stages of their career are facing a very new set of challenges. As the cost of living crisis continues, Gen Z’s view of what they are looking for from their career has changed. We’re seeing the move from the traditional 9 to 5 to individuals embracing new and exciting ways of working including side-hustles.
Feefo is a software-as-a-service consumer ratings and reviews platform, harnessing the power of verified consumer reviews to improve online sales conversion metrics, enhance digital marketing and provide valuable customer insights and analysis to ecommerce customers. Startups Magazine caught up with Feefo's CPO, Bera Kalhan.
On average, we spend about a third of our lives working, so it comes as no surprise that our jobs can have an enormous impact on our wellbeing. Indeed’s Work Happiness Score, found that only 27% of UK workers report being happy at work, with nearly three quarters (72%) admitting that their workplace unhappiness has had a negative impact on their physical and/or mental wellbeing.
Many of us will have probably read news stories about battles between companies over intellectual property (IP). Such stories can really capture the public imagination when it involves a small or medium sized company embroiled in a dispute with a large corporate. The British public seem to love an underdog story, with the classic David vs. Goliath scenario winning hearts and minds as people cheer on an SME’s attempt to fend off a challenge from a big business.
If you're in debt, you're not alone. In fact, according to a 2019 report from the Federal Reserve, the average American household owes nearly $7,000 in credit card debt. But just because debt is common doesn't mean it's easy to deal with. If you're struggling to keep up with your payments, it can feel like you're drowning in a sea of numbers with no end. But there is light at the end of the tunnel
Over the last few weeks, we’ve surveyed our customer base, with the findings indicating that most UK businesses are starting to return to pre-pandemic levels of business travel, with plans to increase their business travel further in the future. Even international travel, which is still somewhat disrupted, is slowly increasing. These seem reflective of the wider UK too as the country gets to grips with a hybrid way of working with more miles on the road and in the air, while home working remains here to stay.
To be a successful entrepreneur means that you have to run a successful business. That in turn requires your business to sell products or services that customers want to buy and at a price that they are prepared to pay. In addition, the profit margins that you make need to be sufficient to support a growing business.
The demand for app development doesn't show signs of getting slower any sooner. As apps are an accessible type of technology, where people can have access from anywhere, the consumers' interest in this technology is vital. Therefore, many companies are taking this trend and changing their traditional environment to mobile for effective business positioning. But developing an app isn't easy and takes time and teamwork for a positive outcome.
We are all aware that something needs to be done to reduce our carbon footprint, but many of us have no idea where to start. Naturally the best place to start anything is from the beginning and in carbon planning the beginning is to measure where you are now - what your current carbon emissions are.