Aligning finance with operations – and why it matters
Note: Join our B2B Community here if you like this post. CEOs must go beyond traditional financial reports and integrate financial insights with operational realities in today’s data-driven business landscape. This strategic alignment enhances growth, maximises profitability, and ensures business operations run efficiently. By bridging the gap between finance and operations, organisations can optimise resource allocation, […]
How to successfully implement an operational strategy in your startup
Note: Join our B2B Community here if you like this post. Crafting a robust operational strategy is fundamental for a startup’s success, acting as the foundation for long-term sustainability, efficiency, and scalability. At the core of this strategy lies the Target Operating Model (TOM), a framework that aligns people, processes, technology, and governance with strategic […]
Inventory Management: From Just-In-Time To Just-In-Case And Implications On Your Cash Flow
Note: Join our B2B Community here if you like this post. From a supply shock caused by a pandemic to ships getting stuck in the Suez Canal, the last several years have seriously strained the conventional “just-in-time” (JIT) inventory approach. Given the inability to build a Second China to serve as a backup, what […]
Why Integrating Procurement into Operations Drives Business Resilience
Note: Join our B2B Community here if you like this post. Many businesses still view procurement as a standalone function. Yet, integrating procurement within the operations remit presents significant strategic benefits, especially for organisations aiming to increase agility, control costs, and strengthen supply chain resilience. Recent global events, from pandemic-related disruptions to incidents like the […]
Building Resilience: Why Every SME Needs a Comprehensive Operational Risk Strategy
Note: Join our B2B Community here if you like this post. Small and medium-sized enterprises (SMEs) must navigate many operational challenges. With the potential for significant disruptions lurking around every corner—from cyber threats to supply chain vulnerabilities—creating and maintaining a robust operational risk strategy is critical for every SME. Such strategies shield against potential downturns […]
Streamlining operations: efficiency tips for small business owners
Note: Join our B2B Community here if you like this post. While SMEs might not have the resources and scale of their larger counterparts, they can still compete and thrive by focusing on one of their most crucial aspects: operations. Effective operations encompass the processes and activities that enable a business to function efficiently and […]
Optimising Processes For The Future Of Remote Work
Note: Join our B2B Community here if you like this post. Today, remote working is quickly becoming a norm in SMEs. As digital transformation continues transforming all industries, many SMEs are embracing the flexible, remote way of working. Remote working does more than give employees greater flexibility and a chance to work from home. […]
How The COO Is The Secret Ingredient To A Successful Company
Note: Join our B2B Community here if you like this post. The chief operating officer (COO) is an executive team member responsible for managing a company’s people, culture, and processes. They are number two at a company, reporting to the CEO, and are virtually like a CEO’s right-hand person. As second-in-command, they serve as […]
Five Ways Businesses Can Effect Radical Change During An Economic Downturn
Note: Join our B2B Community here if you like this post. Everyone knows the business world is constantly changing. New technologies, new markets, and competitors are just a few challenges businesses face. Change is a constant you can always count on. But what does it mean for companies in times of economic decline? What […]
Forget Digital Transformation: Data Transformation Is What You Need Now
Note: Join our B2B Community here if you like this post. Digital transformation is a new mantra for organisations looking to stay ahead of digital-age competitors. Companies must look at ways to modernise and optimise operations to keep up. There has been much hype about digital transformation in the past few years. It is […]
Is There A Case For Appointing A Digital Transformation Officer?
Note: Join our B2B Community here if you like this post. When looking at the C-suite, one can tell what direction the business is going with the appearance of new positions like the chief transformation officer, chief change officer, and digital transformation officer. These jobs respond to fast-moving market and customer trends and the […]
4 Tips to Reduce the Spiralling Cost of Employing Staff in SMEs
Note: Join our B2B Community here if you like this post. With increasing living costs, businesses are looking for ways to lower operating costs and improve profitability. Many small-to-medium businesses find they can do so by cutting the costs of hiring employees. However, with the rise in minimum wages and staff benefits like holidays […]
4 SME Priorities To Ensure Business Growth And Success
Note: Join our B2B Community here if you like this post. The years 2020 and 2021 will be remembered for a long time by many UK-based small and medium-sized businesses as a period when they regrouped and redefined how they did business. As we head towards the halfway point in 2022, those businesses enjoy […]
Innovation And Productivity Risk: What Are The Impacts On The Workplace
Note: Join our B2B Community here if you like this post. The world is changing so fast that even established businesses must operate as startups. Operational effectiveness and flexibility have become the prerequisites to long-term success. B2B companies need to prove to their end customers that they can provide quality products today while also […]
How To Hire The Right Staff For Your Startup
Note: Join our B2B Community here if you like this post. Hiring top talent for your startup is crucial to building a sustainable organisation. There is no one-size-fits-all approach to hiring. Just think about the skills and competencies required in different industries, business models, and different functions in your business. Technology is a critical […]
Behind any successful digital transformation is a data-driven culture
Note: Join our B2B Community here if you like this post. Today’s enterprise operations are intrinsically linked to the IT systems and infrastructures that sustain them. Yet, many businesses are not seeing their expected returns for all their investments. Over the last several years, there has been a massive movement toward digitising business processes and […]
How to Improve Financial Management at Your Business
Note: Join our B2B Community here if you like this post. Financial management is indispensable for any company of any size. Proper financial management is crucial, whether you are a new business owner or have been in business for a while. As a small business owner, understanding your finances is essential to running your business. […]
Why Organisational Resilience Is More Crucial Now Than Ever
Note: Join our B2B Community here if you like this post. Organisational resilience has emerged as a critical differentiator between thriving and struggling companies. The pandemic and other global crises have highlighted the importance of resilience — not just as a reactive strategy but as a proactive business imperative. What Is Organisational Resilience? Organisational resilience […]
Digital workforces: Automation processes in workforces for SMEs
Note: Join our B2B Community here if you like this post. We have already seen how the digital workforce, from automotive robots and CNC machines to the IoT, has integrated into the supply chain to its current incarnation as RPAs, chatbots, and digital assistants. A critical factor in using digital workers is that robots […]
Common Barriers To Business Growth Today And How To Overcome Them
Note: Join our B2B Community here if you like this post. No matter how passionate you are about your business and how many hours you log in, you will face many obstacles on the road to success. Here are some of the challenges to your business growth. The uncertainty and economic turbulence following the COVID-19 […]
Why Good Customer Service Needs to Be a B2B Priority Now and Always
Note: Join our B2B Community here if you like this post. Creating good customer relationships in the B2B sector has never been more critical. At the same time, it has never been a greater challenge. We are in the age of XaaS, which has transformed many companies’ products and services. The time, money, and other […]
Company Strategy? I’ll have mine “to go”, please …
Note: sign up to our B2B Community here if you like this post. Do you hate boardroom brainstorms— with those over-excited colleagues, the bizarre ideas and a whiteboard covered in random words? The great news is that strategic decision-making is changing for the better at smart companies. Most of us have lost many hours of our […]
The Five Common Pitfalls to Avoid When Expanding Abroad
Note: Join our B2B Community here if you like this post. For fast-growing businesses, international expansion often seems like the natural next step. Whether the idea has been long in the making or driven by the sudden discovery of a lucrative opportunity, moving into new markets can unlock substantial growth. However, it also presents significant risks. Expanding […]