March 25, 2024
Wannabe entrepreneurs are highly likely to ignore poor financial performances in order to pursue their dream, according to new research by emlyon business school and ESC Clermont Business School. The researchers found that in the early stages, new entrepreneurs are so blinded by their dreams of becoming successful, they believe entrepreneurial spirit can get them out of a difficult situation. More →
December 20, 2023
Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. More →
November 12, 2023
According to new research by Marsh, an insurance broker and risk advisor, companies across the UK are most concerned about the impact of financial uncertainty (34 percent), employee health and wellbeing (31 percent) and supply chain disruption (23 percent) on their businesses over the next 12 months. The findings come from Marsh’s UK Business Risk Report 2023 [registration], which features data obtained in May and June 2023 from over 2,100 UK businesses with turnover of between £100,000 and £500 million + per year. Now in its third year, the report explores how circumstances over the last 12 months have impacted the business risk appetite and approach to risk management among UK companies, and identifies their priorities for the year ahead. More →
June 1, 2022
With a turnover of EUR 195.9 million, the Sedus Stoll Group was able to record sales growth of 6.5 percent over the 2021 financial year. Despite the continuing challenges of COVID-19 and extraordinary cost increases in the energy, transport and material sectors, the Group’s net profit for the year was EUR 2.6 million. The Sedus Stoll Group further expanded its position as a European player in 2021: With revenues of around EUR 88.6 million, the Group was able to record an increase of 18.6 percent overseas. The group of companies further strengthened its market position, in particular, with international business customers. More →
May 11, 2022
Slack has released the results of a new poll which the firm claims reveals the current state of mental wellbeing among UK workers. Commissioned in partnership with NHS GP and TV Doctor, Dr Sara Kayat, and to mark Mental Health Awareness Week, the survey sets out to examines the impact of the office on wellbeing, the effects of the return to the office after the pandemic and indicates how businesses can build healthier workplaces. More →
July 16, 2021
Heidrick and Struggles has released the results of a new global CEO study Aligning Culture with the Bottom Line: How Companies Can Accelerate Progress which found that intentionally building a company’s working culture can impact the company’s financial performance in a number of ways. The survey of 500 CEOs across nine countries examines how working culture propels organisational performance in Australia, Brazil, Canada, China, France, Germany, Spain, the UK and the USA. More →
April 28, 2021
Companies that have a high-level of mutual trust between their management and employees are much more likely to have a greater economic and financial performance, according to new research from Durham University Business School. More →
March 5, 2021
Despite the financial hardship wrought by COVID-19, half of employers (49 percent) don’t have a financial wellbeing policy. This is according to the latest Reward Management Survey from the CIPD (which 420 employers responded to). More →
February 23, 2021
More than half of financial institutions say they expect to have more ‘gig economy’ based employees over the next three to five years, according to PwC’s report, Productivity 2021 and beyond: Upskilling the workforce of the future to create a competitive advantage in financial services. The second iteration of PwC’s productivity research, that surveyed over 500 financial services businesses globally, and received over 60 percent of responses from C-suite leaders, looked at some key workstreams implemented by financial services businesses and evaluated its impact on productivity. More →
January 7, 2021
The greater stress companies put on financial incentives and financial performance in bonus systems for CEOs, the more negative the impact is on the firm’s financial performance, claims new research from Vlerick Business School. These findings come from a research study into the top 600 European firms and their CEOs remuneration. More →
November 16, 2020
For a lot of employers, the idea of an employee financial wellness program can be something of an afterthought. That is, beyond providing fair pay and a clear policy regarding taxation and benefits, it can seem unnecessary to take any other action regarding employee finances. What’s becoming more and more apparent, however, is that employers do need to take a more active approach toward implementing employee financial wellness programs. More →
February 5, 2020
Nearly two-thirds of financial services leaders expect to be mass adopters of AI in two years compared to just 16 percent harnessing it today, a survey from the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) claims. This is despite fears around AI, with 58 percent of the 150 senior executives surveyed expecting it to worsen discrimination in the sector and the same number expecting privacy breaches to increase. More →
