I still see business leaders resisting the need for change in the organisations they are leading, although the need for quick and agile change is needed to help their businesses survive the present turbulent environment. It is useful to understand as to why business leaders resist and become lethargic at implementing change although all indicators …
Continue reading No Space for Resisting Change in a Turbulent Environment
Reading the financial news these days makes some sorry reading. The latest news today shows that eurozone manufacturing orders are falling at the fastest pace since the debt crisis in 2012 with an increasing number of producers cutting production in line with the deteriorating demand environment, as well as scaling back both their purchases of …
Things are changing fast. Taking just this week as an example, changes are happening at break neck speed that could effect your business. From the political crisis in Italy to the ECB increasing interest rates and trying to defend Europe's sovereign debt by the new TPI tool - all this happening in the past 48 …
Business environment has now been turbulent for sometime. Predictions are that it will remain so for quite some time ahead. Reading the financial times, one can see that fund managers have cut their allocations to equities to the lowest level since the collapse of Lehman Brothers at the height of the global financial crisis in …
The Summer EU Commission's Economic forecast gives a good overview of what is hitting the European and World Economy, namely:- The escalation of tensions between Russia and the EU, as a result of the Russian invasion of Ukraine, resulted in additional upward pressures on gas prices.Intensifying and broadening inflationary pressures are prompting faster normalisation of …
Continue reading Main takeaways from the EU commission’s Summer Economic Forecast
We all know we are in a very tight labour market. I meet employers all day, all the time and they all have huge headaches with labour shortages, spiraling wages and trying hard to retain their employees. Some employers operate daily under a great fear that when they open their business in the morning, all …
Last week, it became official that the U.S. economy contracted in the first quarter of 2022 mainly due to a record trade deficit, notwithstanding a strong domestic demand. This was an abrupt halt as the U.S. economy grew at a robust 6.9% pace in the fourth quarter of 2021. The decline in the US GDP …
As I meet business leaders all the time, I am constantly bombarded by the problems that are presently effecting every business. In essence every business is grappling with the need to make changes and drive transformation to best handle the turbulence coming from inflation, supply-chain issues and the tight labour market leading to spiraling wage …
As previously explained, as from the 20th June a series of free training sessions, specially designed for Family Businesses, will be delivered.The topics that will be covered in the first 3 sessions have been outlined in an article I circulated a few days ago. May I remind you that the 1st session (20th June) and …
As you hopefully know by now the European Central Bank yesterday outlined its monetary policy which will be based on a number of increases in interest rates in response to the increase in inflation across Europe. Inflation typically occurs when an economy is growing and strong demand push prices higher. In this case the central …
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