Balancing Profitability and Employee Safety in Challenging Times
Strategies for Ensuring Cost-Effective Security Without Compromising Employee Well-being The prevailing economic conditions have precipitated a seismic shift in the retail sector. Escalating hostility towards employees, constrained financial resources, and overburdened staff are exacerbating the challenges retailers face. According to the British Retail Consortium’s most recent Crime Survey, the retail industry witnessed a staggering 850 […]
Trick or Treat: Navigating the Risks
Navigating the Financial Maze of Consumer Spending This Halloween Season As the Halloween season approaches, the atmosphere is rife with both excitement and caution. While there’s a modest uptick in consumer optimism regarding their financial standing, there’s also a palpable sense of apprehension about the potential rise in prices. According to the most recent ConsumerWise […]
Stamping Out Promo Fraud Online
Tackling Promo Abuse in the Digital Marketplace In recent years, revenues in the e-commerce sector have surged at an unprecedented rate. Although this growth in revenue is commendable, it has been accompanied by a rise in fraudulent activities. Specifically, promotional abuse is costing American retailers an average of 1.2% of their overall turnover, amounting to […]
Improve Click & Collect Fulfilment Through Better Inventory Accuracy
Elevate Your Click & Collect Services with Precision Inventory Management: A Guide for Retailers The holiday season is a critical period for retailers, and ensuring that the right products are available in the right quantities and locations is paramount for success. The integration of in-store inventory with Click & Collect services adds an extra layer […]
The Rise of ‘Wardrobing’: A Growing Trend Among UK Consumers
New Study Shows a 50% Increase in the Number of People Returning Worn Items New data uncovers that 27% of consumers in the UK have engaged in ‘wardrobing’—the practice of purchasing items, wearing them, and then returning them for a refund. This trend has seen a 50% surge over the past decade, according to a […]
Business Continuity Amid Geopolitical Tensions
Navigating Business Resilience Through Geopolitical Uncertainties The world seems to be turning on a precarious axis, doesn’t it? With geopolitical tensions simmering globally, as witnessed in the Israel-Hamas conflict, your business—big or small—can’t afford to be unprepared. And let’s face it: While planning for such circumstances might not be as exciting as planning for growth, […]
The Five Core Behaviours of High-Performing Executive Teams
Five Essential Leadership Team Behaviours for Business Success: While it might seem paradoxical in an age that often glorifies the “saviour CEO,” it turns out that effective leadership teams consistently outperform even the most competent individual leaders, and this holds true in nearly every context. A recent study by Bain & Company, involving 1,250 firms, […]
Reskilling in the Age of AI
The Future of Work: Navigating the Reskilling Revolution in the Age of Automation and AI In 2019, the Organisation for Economic Co-operation and Development (OECD) forecasted that within the next 15 to 20 years, emerging automation technologies could potentially eliminate 14% of global jobs and significantly alter 32% of them. These staggering figures, which affect […]
Why Mentoring Is Essential To Good Leadership
The Impact of Mentorship on Leadership Development and Team Success In the dynamic landscape of modern business, leadership is not merely about holding a position of authority. It’s about cultivating an environment where every team member can reach their full potential. One of the most effective ways to achieve this is through mentoring. Mentoring is […]
Travel Risk Management PoliciesÂ
Rethinking Risk for the World of Business Travel The Evolving Role of Managers in Crisis Management While it’s easy to comprehend given the frequent sensational events making the news, the actual ‘risk landscape’ for business travel diverges considerably. Recent findings from an ABTA survey indicate that 59% of managers are primarily concerned about security and […]