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Posts about: Professional Development

Isle of Man directors financial responsibilities and liabilities

22 November 2018

isle of man directors financial responsibilitiesAs an organisational Director, Isle of Man law dictates that you must be able to exercise a certain standard of care in financial matters – regardless of whether you are holding a finance-specific role within the company or not.

The risk of personal liability

As seen recently with the Patisserie Valerie fraud case, the group’s multi-millionaire chairman, Luke Johnson, was forced to use £20m of his own money to keep Patisserie Holdings in business, after finding that it was nearly £10m in debt instead of having £28m in the bank, as it had last reported.

The Directors have said they were unaware until 10 October that Patisserie Holdings’ main trading subsidiary, Stonebeach, faced a winding-up petition from HMRC over a £1m unpaid tax bill. Read more…..

Thriving at work review: Next steps for leading employers

19 November 2018

thriving at workLast year the Prime Minister commissioned an independent review into mental health and employment led by Dennis Stevenson and Mind CEO Paul Farmer, as part of a range of measures aimed at transforming mental health support in our schools, workplaces and communities.

The review revealed 300,000 people with a long-term mental health problem fall out of work every year, a cost of up £99 billion to the UK economy. In addition, the human cost of failing to address mental health in the workplace is clear.

Every employer has a responsibility to support employees with mental health problems and promote the mental wellbeing of their entire workforce. Read more…..

How to promote sustainable strategic development

23 October 2018

Many businesses in the UK remain defiant against the critics who claim corporate growth is slowing down.sustainable strategic development

The consensus from a Flexspace Business Sentiment Survey found that 80% of respondents expect moderate or substantial growth in 2018, and 78% expect confidence in the UK economy to stagnate or grow for the remainder of the year.

This is despite economists forecasting a potential dip in GDP in Q4 of 2018 and Q1 of 2019.

So, where is this enthusiasm coming from?

With the rise of the internet, information is more accessible and with the right skills, strategy and experience behind you, you can make a big impression online without incurring high expenses for doing so.

Business owners are now becoming savvier, however, they still struggle to tackle all of the demands on their time. Being time-poor is one of the biggest barriers that many SME’s face when working to expand and grow their business.

This means that essential strategic planning stages can be missed, only to cause problems later down the line as too many directors are opting for quick wins over long-term sustainability.

The solution to this is learning how to implement time-effective and realistic strategic planning. Discover how you can do this here.

Read more…..

The devil in directors: Are you a responsible boss?

24 September 2018

save your business - devil in directors Many directors and CEO’s throughout the UK have a true passion for their business and a genuine feeling of responsibility towards their organisation, as well as the staff that help to make it work.

However, in difficult times, when cash flow isn’t quite balanced and money is tight, people can change…

The boss that was once an advocate for positive attitudes and working together to make progress, all of a sudden becomes the devil in disguise and makes the lives of their subordinates the equivalent to living in the pits of hell.

When push comes to shove and there are demons at your door, some bosses go into self-preservation mode and as a result choose to disregard the potential impact of their decisions on customers and suppliers, as well as staff.

This isn’t the case 100% of the time, but most of you will have heard horror stories of this occurring and been disgusted by the attitude of those involved.

Read more…..

Waterfall vs agile project management: It’s all oranges and onions

6 September 2018

Like many things in life, when it comes to project management the success of your project begins way before the work gets underway. For this reason, choosing the appropriate project management framework for your requirements is an important decision in any project.

In an ideal world, all our projects would run smoothly. Unfortunately, in reality, that’s not quite the case. A staggering 97% of organisations believe project management is critical to business performance and organisational success.

So, how can you be confident that your project is managed effectively? There are lots of frameworks out there and the decision is not always an easy task.

Have you ever heard of the analogy oranges and onions?

If not, I’ll explain… Read more…..

Set the scene for your video content strategy

23 August 2018

video content strategyDo you remember your favourite bedtime story? Of course you do!

We all grew up hearing and telling stories.

Our world as we know it has transformed from reading your favourite bedtime story to now watching your story unfold. I’ve heard through the critics that ‘storytelling’ specifically, video storytelling is now the next ‘big thing’ when it comes to content marketing. And there is no better way to tell your story than offering an unlimited amount of video content. Yet, this can’t be done without a video content strategy.

A staggering 72% of people would rather use video to learn about a product or service.

So are you ready to win an Oscar for branding your business?

I hope you’re comfortable because its story time?

Read more…..

Finance for non-finance professionals: Keeping the boat afloat

21 August 2018

Finance for non finance professionalsTake a minute to picture your organisation as a boat navigating across the ocean. The ocean represents the financial world and like the ocean, the financial environment might have dull slow parts, and at times the waves may steer you out of control.

The most important thing you need to understand about sailing is that you don’t have control of the direction you go in, the ocean does. Unfortunately, in this oh-so-complex financial world, the same goes.

The question is do you just sit back let the river take you in any direction, or do you fight the tide? Read more…..

Sharing Secrets to Social Media Success

21 August 2018

secrets to social media successThis may come as no surprise, but we are living in a digital world whereby upgrading our smartphones is essential and communicating on social media is necessary.

In this ever-changing digital environment we now live in, the question we ask ourselves is, how up-to-date are you with modern technology? With new technology always around the corner, the digital world is forever evolving, and we are evolving with it but are we evolving fast enough?

So you may be wondering what the secrets to survival in this new landscape are? Well you’re in luck, here are my top secrets to surviving social media: Read more…..

“The Power of Leadership: Not all heroes wear suits”

17 August 2018

power of leadershipWhile growth is exciting for UK businesses, there’s no question that the world in which we operate is becoming more chaotic and challenging.

Let’s face it, we are all being challenged to face change management in all aspects of the businesses. What many organisations fail to understand is how the power of growth is impacting their leadership styles.

The question you need to ask yourself is how is your leadership style affected by growth? And, are you a HERO or a VILLAIN, in this case?

All heroes have different powers, and all leaders have different leadership styles. But it’s for you to understand if the style you have adopted makes you a hero or a villain? Read more…..

The building blocks to success: building brand awareness

17 August 2018

building brand awareness 2Do you remember building all sorts of things with LEGO as a Kid?

In my architect days, I was always trying to build bigger and aim higher, to only find out that my crafted skyscrapers would fall over without a strong foundation. Like LEGO, any business without a strong digital foundation will fall short of reaching new heights!

To build a stable foundation, you need to address four unique building blocks: Developing personas, a responsive website, visibility in search, and standing out through social media.

Think of these components as the base of your skyscraper, without one, it will result in the whole building falling over. With that being said, having a strong online presence is a crucial component to the foundation of your brand awareness strategy, if this is done correctly you can sit back and watch your skyscraper grow higher and higher.

So the question is how do you create awareness? Well my building days aren’t quite over yet, here are four fundamental building blocks to success…

Read more…..