Your Top 10: Profit Model Innovation

We've been talking about Innovation. Quite a lot, actually. But not in the sense that you've become used to seeing. Yes, the latest and greatest gadgets and tech are pretty awesome, but we're talking about innovation of a completely different kind. Deloitte recently published an article talking about innovation and we summarised the top 10 types of innovation that organisations look at today. So, over the next few weeks we will be splitting that up and going into a little bit more detail about what each type of innovation really means for UK business. Sometimes innovation starts with the smallest [...]

2018-11-30T12:46:38+00:00November 30th, 2018|News, RE:Focus, SME Growth|Comments Off on Your Top 10: Profit Model Innovation

Your perfect Ten: 10 types of innovation explained

The oil and gas industry is pivoting. Where other industries have been forging ahead, the oil and gas sector has been lagging behind through outdated technology and methodologies. But there's a pressure on them to perform better. A global push for a reduced environmental impact coupled with the rise of new technologies is causing a shift in the industry. In fact, Deloitte takes it a step further by explaining that the reason for the success being seen in the sector today is purely down to a willingness to solve complex challenges. But as with any organisation who has made a [...]

2018-11-20T16:38:27+00:00November 20th, 2018|News, SME Growth|Comments Off on Your perfect Ten: 10 types of innovation explained

3 Big Disruptors of the Construction Industry

Construction, Infrastructure, Mining - all industries that have traditionally been synonymous with antiquated process and innate conservatism. But disrupt them with tech? 'Highly unlikely', we hear you say. But you'd be wrong. In a study conducted by KPMG in 2016, the writing was on the wall when it comes to adopting new technology to improve productivity, efficiency, quality. Just the same as many other industries that have actively embraced technological develop, innovation within the construction world is becoming a hot potato - and we share 5 of our favourite innovators who are throwing the towel in when it comes to [...]

2018-11-15T12:34:32+00:00November 15th, 2018|News, SME Growth|Comments Off on 3 Big Disruptors of the Construction Industry

Self-inflicted distractions that cost your business (and the economy) billions.

We are being shaken up. Officially. Just recently, we published this blog about an initiative being implemented by the UK's HMRC towards a more digitised way to reduce tax error and capital loss in the UK's business community. And yet, there are still businesses who are on a trajectory for failure, simply because they're not optimising the way they run their businesses. Here's the reality:  Avoidable tax errors cost the Exchequer almost £9 billion every year Productivity loss associated with ill-health is costing the UK economy £77 billion a year. Unproductive workforces are costing British businesses a total of £22 [...]

2018-11-06T08:55:05+00:00November 6th, 2018|News, SME Growth|Comments Off on Self-inflicted distractions that cost your business (and the economy) billions.

Tick Tock: A surprising amount of work still to be done for SME Digitisation

The UK SME community still has a lot of digitisation work to do. And this time, the decision is being made for us. The way we submit our Tax and VAT returns in the UK is changing. As of 1 April 2019, maintaining and keeping paper records of financial transactions within businesses will no longer meet the legal requirements, which means that switching to digital record-keeping moves from being a "here's how to run your businesses efficiently" conversation to one which reads, "here's why you risk financial penalty if you don't".  The UK's HMRC has introduced the Making Tax Digital [...]

2018-11-01T09:31:12+00:00November 1st, 2018|News, RE:Focus, SME Growth|Comments Off on Tick Tock: A surprising amount of work still to be done for SME Digitisation