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Upgrade your environmental protection risk knowledge. Develop strategies to enhance your environmental protection standards.
Make better plans to protect and enhance environmental protections for you and all stakeholders in your business including the wider global community.
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Understand country and industry regulations and standards
Learn how to comply and prosper. Integrate compliance with enterprise risk management ERM.
Safeguard and protect your organisation and all stakeholders in the organisation.
Manage risks better
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Ensure you are fully aware of and comply with relevant laws standards and regulations in your country and industry.
Helping connect business leaders with legal risk management experts to solve regulatory compliance issues quicker
Finding the latest best regulatory compliance solutions can be time consuming or unfruitful. We make business decision making easier.
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Connect with legal experts to manage your enterprise risks better
All employees need to understand and comply with laws rules and regulations applicable to their jobs. When they or you need advice come back here for free.
Take compliance seriously but find new ways to embed it within your risk management framework and risk assessment processes.
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We work with legal risk management experts around the world to help inform you enterprise decision making for greater success.
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Enterprise risk management analysis with BusinessRiskTV
How to identify and analyse enterprise opportunities and threats
Improve your identification and analysis of business opportunities and threats. Subject your business processes to better risk identification and analysis to boost your business performance.
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Use your business strengths to mitigate the threats your business faces. Reduce your weaknesses to control the threats to your business objectives. Seize new business opportunities to build your business resilience.
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Use enterprise risk identification and analysis to help you grow your business with less uncertainty.
Enhance what you are doing well for greater returns on your investment of time and money.
Identify new opportunities for your business that you are currently missing or failing to capitalise upon.
Control the risks holding your business development back.
Recognise that you do have opportunities to improve your business and what you need to do to make them work well regardless of the business or economic environment.
Create a business risk management plan after identifying key threats and opportunities for your business: PESTLE example
A business risk management plan for a business leader in the UK could include the following:
Political risks:
Monitor changes in government policies and regulations that may affect the business
Assess the potential impact of political instability on the company’s operations and supply chain
Develop contingency plans for disruptions caused by political events
Economic risks:
Monitor economic indicators such as GDP growth, inflation, and interest rates
Assess the potential impact of economic downturns on the company’s revenue and profitability
Develop strategies to mitigate the effects of economic fluctuations on the business
Social risks:
Monitor changes in consumer behavior and preferences
Assess the potential impact of social trends on the company’s products and services
Develop strategies to adapt to changes in consumer demand
Technological risks:
Monitor advances in technology that may disrupt the company’s business model
Assess the potential impact of technological innovations on the company’s competitiveness
Invest in research and development to stay ahead of technological changes
Legal risks:
Monitor changes in laws and regulations that may affect the business
Assess the potential impact of legal changes on the company’s operations and compliance costs
Develop strategies to mitigate legal risks, such as insurance or implementing compliance programs
Environmental risks:
Monitor changes in environmental regulations and standards
Assess the potential impact of environmental factors on the company’s operations and supply chain
Develop strategies to mitigate environmental risks, such as implementing sustainable practices or investing in renewable energy.
Note: PESTLE Analysis is a framework for assessing the external factors that may affect a business. It is a useful tool for identifying potential risks and opportunities for a business.
PESTLE BUSINESS RISK PLAN
Risk Type
Key Considerations
Potential Impact
Mitigation Strategies
Political risks
Changes in government policies and regulations
Disruptions to operations and supply chain
Monitor political developments, develop contingency plans
Economic risks
Economic indicators such as GDP growth, inflation, and interest rates
Reduced revenue and profitability
Monitor economic indicators, develop strategies to mitigate effects of economic fluctuations
Social risks
Changes in consumer behavior and preferences
Reduced demand for products and services
Monitor social trends, develop strategies to adapt to changes in consumer demand
Technological risks
Advances in technology that may disrupt business model
Loss of competitiveness
Monitor technological developments, invest in R&D to stay ahead of changes
Legal risks
Changes in laws and regulations
Increased compliance costs and legal liabilities
Monitor legal developments, implement compliance programs and insurance
Environmental risks
Changes in environmental regulations and standards
Negative impact on operations and supply chain
Monitor environmental developments, implement sustainable practices and invest in renewable energy.
How to manage risk better in business with BusinessRiskTV
Learn how to overcome risk in business to still achieve business objectives
Explore common business risks. Identifying and managing business risks better with BusinessRiskTV.
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For risk management to work best it needs to be holistic and integrated into normal business decision making. Increase senior managers and executives awareness of enterprise risks impacting on enterprise objectives to boost performance.
Explore your organisations opportunities for innovation and development
Capture competitive advantages you have in your marketplace
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Treat your enterprise risks better. Avoid reduce transfer or accept risks more holistically more cost effectively.
Improve your risk assessment process to manage risks to you enterprise
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Enterprise risk management should not be a functional affair. It should help inspire and engage all levels of the organisation in managing business risks holistically.
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Managing all risks facing an enterprise is increasingly challenging. Get help from BusinessRiskTV. How do you currently increase risk awareness within your organisation.
Develop your organisations effectiveness at managing enterprise risks. Improve all employees risk awareness. Reduce your enterprises vulnerability. Build business resilience. Open up new business development opportunities.
The risk of enterprise failure increases with inadequate governance risk and compliance processes
There are many examples of the biggest firms in the world collapsing due to bad risk management practices. Good corporate governance risk and compliance systems build business resilience and can improve business performance.
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There are several techniques that can be useful for managing business rules in an organisation. Here are some recommendations:
Documenting business rules: One of the most important techniques for managing business rules is to document them in a clear and concise manner. This can include using a variety of formats such as decision tables, flowcharts, and natural language descriptions.
Centralising business rules: To avoid inconsistencies and duplication of effort, it is advisable to centralise the management of business rules. This can be done using a dedicated software tool or a repository that stores the rules and makes them accessible to relevant stakeholders.
Version control: It is crucial to keep track of changes to business rules over time, especially when multiple stakeholders are involved. Version control techniques such as branching and merging can help in managing changes to business rules.
Testing and validation: Business rules should be tested and validated thoroughly to ensure their accuracy and effectiveness. This can be done using a variety of techniques such as unit testing, integration testing, and user acceptance testing.
Auditing and monitoring: Regular auditing and monitoring of business rules can help to identify any potential issues or areas for improvement. This can be done using automated tools or through manual reviews.
Governance and ownership: Establishing clear governance and ownership of business rules is essential to ensure that they are being managed effectively. This can include assigning ownership to specific individuals or teams and establishing processes for reviewing and approving changes to business rules.
By following these techniques, organisations can effectively manage their business rules and ensure that they are aligned with their business objectives and regulatory requirements.
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Figure out what to watch to match your country risks or industry risks to maximise your business risk knowledge and business intelligence library. Pick the best original broadcasts for your business needs.
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Taste what we have to offer your business for free. Enter words or phrase that most interest you in our website search tool. If you find something that interests you come back again and again as it is likely we will have something else to help you in future.
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Regulatory compliance is an important part of business risk management but it should not be an accuse for a lack of simplicity or innovation.
Control the way you do things better without stifling or suppressing business growth. Indeed business risk management should create new business development opportunities and faster business growth. There does need to be appropriate levels of risk control protection and supervision but not at expense of business stagnation.
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How do leaders manage uncertainty in business better
Managing uncertainty is a daily business dilemma. Business leaders have internal and external risk factors driving uncertainty in business. Often this uncertainty can lead to poorer business performance or even catastrophic business failure.
We are developing a business risk management hub to help inform your leadership team. Reduce the impact of uncertainty on your business success.
Various risk management identification tools and techniques will bring emerging risks to your attention
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Leaders can manage uncertainty in various ways. Some bury their head in sand. Others adopt a belts and braces approach to risk control incurring imbalanced costs to benefits.
We can not guarantee you greater business success. We can help inform your business decision making process. You will be more likely to make better business decisions.
When facing doubts or uncertainty many business leaders turn to their gut instinct. Rolling the dice may turn up the result you are aiming for. This may work for you. However better risk management information may enable you to choose a different path. Or it may over procrastination to drive forward growth with more confidence. Not making a decision can be as bad as instinctively shooting off blindly.
Dealing with uncertainty better can help you navigate around pitfalls your competitors fall into. Help guide your business to greater success with less uncertainty. Manage uncertainty more cost effectively.
Leaders can use risk management principles and practices to take the next step towards success with more confidence.
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BusinessRiskTV business risk analysis helps business leaders to manage business risks better. Industry risk analysis and country risk analysis to help you make business decisions. Risk analysis of a company for business leaders in UK and overseas. Do you know what to do to protect your business and grow it faster? Understand the importance of business risk analysis in improving your business performance. Inform your business management decisions.
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Find out why you need risk hedging services to help your business manage the risk better
Take on risk on your own terms to boost your business performance with more confidence
Incorporate best risk hedging strategy into your holistic risk analysis for an integrated risk management strategy that supports your business objectives.
Remove uncertainty surrounding product or services actual sale price regardless of external risk factors including but not limited to currency movements for example.
Manage the actual sale price to sell more overseas. Fix the price of your products or services and reduce the risk of price fluctuations. Reduce the risk of uncertainty related to the adverse price fluctuations in an asset.
Reduce the impact of risks on your business and minimise the exposure to various types of risk.
Find new customers more easily. You have the best product or service for your customer target market. We will help you speed up their buying cycle to buy from you instead of your competitors.
Our partners and your new customers are global and so is our customer marketing and acquisition services.
Create a robust risk management strategy including risk hedging strategy for your business. Join our discussion forums to help you understand why risk hedging can benefit your business. Find out how risk hedging works. Identify why risk hedging will work for your business. Use our partners risk hedging techniques and services.
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What are the main industry risk factors affecting your business success or failure today and tomorrow
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Introducing the BusinessRiskTV Industry Risk Management Forum
BusinessRiskTV industry risk management forum enables members to contribute to BusinessRiskTV. Active members around the world contribute articles and videos to help grow their business faster with less uncertainty to help inform readers industry business risk management decision making.
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If you want an innovative flexible way to grow your business faster and build business resilience join and contribute to industry risk management forum today.
Members of the BusinessRiskTV business risk management club collaborate to reduce corporate threats and increase business growth opportunities through
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Build a more successful and sustainable business more easily with BusinessRiskTV Industry Risk Management Forum.
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Join the BusinessRiskTV Industry Risk Management Forum and receive FREE business risk alerts bulletins and latest business risk news to stay ahead of your competition.
The Forum is free to join. Then you choose whether you want to contribute to BusinessRiskTV to promote your own business and inform online readers. You pay an annual membership fee to regularly contribute to BusinessRiskTV and promote your business interests cost effectively.
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Key benefits of BusinessRiskTV Industry Risk Management Forum and reasons to join and contribute today
Free to join. There is no cost to join the forum. Once you join you also have the option of contributing to BusinessRiskTV to better market promote and advertise your business. In addition you will have increased access to discussions workshops and executive training to better protect your business. You are in control of what to do next after you join the club for free.
Free business intelligence to inform your decision making to build your business resilience. Forum members receive free news alerts and bulletins. Our risk watch service scans the horizon for emerging risks and analyses business risk trends. You can attend online discussions workshops and executive training sessions.
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Build your online profile and connections to grow your business faster. BusinessRiskTV has an impressive online profile to connect you with local and global business risk management experts and new sales for your business.
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FAST GROWING LOCAL AND GLOBAL BUSINESS RISK MANAGEMENT CONNECTIONS
BusinessRiskTV has already built up an impressive bank of like minded business leaders and business risk management consultants for club members to tap into for business tips advice and support.
The BusinessRiskTV Industry Risk Management Forum is carefully expanding its reach to help business leaders to better protect and grow their own businesses and careers.
BusinessRiskTV Industry Risk Management Forum is NOT just a talking shop. It is a business growth hub to practically accelerate members revenue streams. It is business accelerator where everyone has the same interest in seeing the businesses build resilience regardless of economic environment.
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In addition to controlling your own business risks better you are in total control of how you use BusinessRiskTV and how much you want to contribute to it to increase your own business growth.
You are always in control of your subscription to BusinessRiskTV Industry Risk Management Forum. You can choose to remain on the free membership and still receive free business intelligence and risk knowledge. Or you can regularly contribute to the content and thus increase your own business profile and business growth.
We are in it for the long term and look forward to working with members for sustainable mutual benefit. If you want to stop your membership you can at any time. We are looking forward to you working with us to help your business grow faster.
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Frequently Asked Questions FAQs
Is BusinessRiskTV Industry Risk Management Forum free to join and how does BusinessRiskTV make money? It is free to join now to receive free alerts bulletins and business risk news. If you want to contribute to BusinessRiskTV by becoming a Member you pay an annual fee. BusinessRiskTV also accepts donations to support free independent business risk management news broadcasting and business risk management research. In addition businesses pay us one off fees to promote market and advertise their business products and services.
Am I tied into the BusinessRiskTV Industry Risk Management Forum? It is free to join the forum. If you want to contribute to BusinessRiskTV there is a membership fee. You are free to leave the club at anytime. You will not be entitled to a refund of the annual membership fee but will not be tied to renew your membership.
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I do not know anything about online business marketing and development? That is one of the great strengths about being in the Industry Risk Management Forum. You simply join now and then we will email you to find out what you need to do to grow your business faster. We will then go away and start your marketing and promotion campaign. We will design post and update your contributions to promote your business. Our team of enterprise risk experts and business risk advisers help protect and grow your business faster.
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BusinessRiskTV business risk management active members club enables members to contribute to BusinessRiskTV for free. Active members around the world contribute articles and videos to help grow their business faster with less uncertainty to help inform readers business risk management decision making.
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Key benefits of BusinessRiskTV Risk Club and reasons to join and contribute today
Free to join. There is no cost to join the club. Once you join you also have the option of contributing to BusinessRiskTV to better market promote and advertise your business. In addition you will have increased access to discussions workshops and executive training to better protect your business. You are in control of what to do next after you join the club for free.
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In addition to controlling your own business risks better you are in total control of how you use BusinessRiskTV and how much you want to contribute to it to increase your own business growth.
You are always in control of your subscription to BusinessRiskTV club. You can choose to remain on the free membership and still receive free business intelligence and risk knowledge. Or you can regularly contribute to the content and thus increase your own business profile and business growth.
We are in it for the long term and look forward to working with members for sustainable mutual benefit. If you want to stop your membership you can at any time. We are looking forward to you working with us to help your business grow faster.
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After you join the club you can just use it as a simple way to be kept up to date on emerging and developing corporate risks impacting on your business objectives.
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Is BusinessRiskTV Club free to join and how does BusinessRiskTV make money? It is free to join now to receive free alerts bulletins and business risk news. If you want to contribute to BusinessRiskTV by becoming a Member you pay an annual fee. BusinessRiskTV also accepts donations to support free independent business risk management news broadcasting and business risk management research. In addition businesses pay us one off fees to promote market and advertise their business products and services.
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How long does membership last? 12 months renewable annually.
I do not know anything about online business marketing and development? That is one of the great strengths about being in the Business Risk Management Club. You simply join now and then we will email you to find out what you need to do to grow your business faster. We will then go away and start your marketing and promotion campaign. We will design post and update your contributions to promote your business. Our team of enterprise risk experts and business risk advisers to help protect and grow your business faster.
How fast will my business grow? It is impossible to say. It depends on how well we can work together to get the most from your existing business development tools and initiatives. The potential is there for massive gains but the value of your membership fee could be worthless if we fail to work well together. That is why our members should always diversify our marketing options to maximise the likelihood of increasing sales. We will guide you on the diversification options based on our discussions on what you offer and when. You are not putting all your business development eggs in one basket but the affordable membership fee expands the likelihood of your business growing faster.
How often can my business contribute to BusinessRiskTV? Contribution levels is based on hours it takes to produce and publish each contribution. You will be buying 56 hours of work to produce and publish your contributions each year.
Does my business need to contribute regularly to BusinessRiskTV? No. The more you contribute the more you promote your own business interests and increase the chances of faster business growth.
My business marketplace is not in UK so can I still join and contribute to BusinessRiskTV? YES! The Club is open to any business selling legal and morally acceptable products and services. Legal is legal but morally acceptable comes down to our own opinion as to what is morally acceptable. Areas include Europe USA Canada Latin America Australia and Asia Pacific.
Is paying my membership fee safe? Yes. Your membership fee will be paid via Paypal a global independent payment provider who have their own safe and secure payment systems. We will never see your full payment details as these are retained by Paypal who will transfer your membership fee to our Paypal account.
What is the annual membership fee? This will vary depending on how many members we have. As the number of members increase so will the annual membership fee so get in quick to keep your membership fee low!
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Undertake a business wide risk assessment to know which key risks you need to focus your resources on for best return of investment of time and money. How likely is it that the risks materialise? If the risks do occur what would be the impact on your business objectives.
Identify and assess corporate risks faced by different functions within your business.
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Develop the most appropriate risk management plan to manage the impact of uncertainty on your business objectives.
Your business wide risk assessment should be comprehensive. A corporate holistic risk management approach will help you maximise the return on your investment.
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Solving Business Problems Quicker and Easier: Your Go-To Resource for Business Success
Welcome to our page where we specialise in solving business problems quicker and easier to enhance your company’s performance and growth. In today’s fast-paced business environment, finding effective solutions to complex challenges is crucial for staying competitive. We provide actionable insights, innovative strategies, and expert guidance to help you overcome obstacles and seize opportunities.
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1. Expertise in Business Problem Solving: Our team of seasoned professionals brings decades of experience in various industries, focusing on practical solutions that drive results. We understand that every business faces unique challenges, and we tailor our approach to address your specific needs, ensuring you get the best advice to solve your business problems quickly and effectively.
2. Cutting-Edge Strategies and Tools: We keep you updated with the latest trends, tools, and techniques for solving business problems quicker and easier. From risk management and strategic planning to process optimisation and digital transformation, we cover a wide range of topics to help you stay ahead of the curve.
3. Real-World Case Studies and Insights: Learn from real-world examples of businesses that have successfully tackled their challenges. Our case studies provide valuable insights into how companies across various sectors have navigated complex situations, streamlined operations, and achieved sustainable growth by solving business problems more efficiently.
4. Engaging Content and Thought Leadership: We regularly share articles, videos, webinars, and thought leadership pieces that provide practical advice and innovative solutions. Our content is designed to be engaging, informative, and directly applicable to your business, helping you solve problems quicker and easier.
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The Damaging Consequences of Overprinting Money
Overprinting money is the act of a government or central bank creating new currency units without a corresponding increase in the supply of goods and services. This can lead to a number of negative consequences for the global economy and businesses, including:
Inflation: Inflation is a general increase in prices and fall in the purchasing value of money. When there is too much money in circulation, it can lead to inflation as people are able to afford to pay more for goods and services. This can make it difficult for businesses to operate as their costs increase, and it can also lead to a decrease in the value of savings.
Decreased value of currency: When there is too much money in circulation, the value of the currency can decrease. This is because the currency becomes less scarce, and people are less willing to hold onto it. This can make it difficult for businesses to trade internationally, and it can also lead to a decrease in investment.
Increased interest rates: In order to combat inflation, central banks may raise interest rates. This can make it more expensive for businesses to borrow money, which can lead to a decrease in investment and economic growth.
Instability in financial markets: Overprinting money can lead to instability in financial markets. This is because it can lead to an increase in speculation and volatility in asset prices. This can make it difficult for businesses to raise capital and operate effectively.
Reduced trust in government: When governments resort to overprinting money to finance their spending, it can lead to a loss of trust in the government. This can make it more difficult for governments to raise taxes and borrow money in the future.
The negative consequences of overprinting money are not limited to the global economy. Businesses can also suffer a number of negative consequences, including:
Increased costs: When inflation rises, businesses may have to increase their prices in order to cover their costs. This can lead to a decrease in demand for their products or services.
Decreased profits: If inflation outpaces revenue growth, businesses may see their profits decrease. This can make it difficult for businesses to invest and grow.
Increased risk: When the value of the currency is unstable, businesses face increased risk. This is because they may not be able to predict how much their costs or revenues will increase in the future. This can make it difficult for businesses to make long-term plans.
Loss of market share: If businesses are unable to keep up with inflation, they may lose market share to competitors who are able to pass on higher costs to consumers.
The negative consequences of overprinting money can be severe and far-reaching. It is important for governments and businesses to be aware of these risks and to take steps to mitigate them.
What are the negative effects of reducing money supply?
Increasing credit crunch risk due to lack of money supply or unaffordable borrowing costs
Reducing the money supply can also have negative consequences for the economy. This is because it can lead to a decrease in economic growth, an increase in unemployment, and a decrease in asset prices.
When the money supply is reduced, it becomes more expensive for businesses to borrow money. This can lead to a decrease in investment and economic growth. It can also lead to an increase in unemployment, as businesses are less likely to hire new workers when it is more expensive to borrow money.
In addition, a decrease in the money supply can lead to a decrease in asset prices eg house prices, stock market shares, etc. This is because when there is less money in circulation, people are less likely to bid up the prices of assets. This can lead to losses for investors who own assets, such as stocks and property.
What are the disadvantages of excess money in circulation in an economy?
The disadvantages of excess money in circulation in an economy include:
Inflation: As mentioned earlier, inflation is a general increase in prices and fall in the purchasing value of money. When there is too much money in circulation, it can lead to inflation as people are able to afford to pay more for goods and services. This can make it difficult for businesses to operate as their costs increase, and it can also lead to a decrease in the value of savings.
Decreased value of currency: When there is too much money in circulation, the value of the currency can decrease. This is because the currency becomes less scarce, and people are less willing to hold onto it. This can make it difficult for businesses to trade internationally, and it can also lead to a decrease in investment.
Increased interest rates: In order to combat inflation, central banks may raise interest rates. This can make it more expensive for businesses to borrow money, which can lead to a decrease in investment and economic growth.
Instability in financial markets: Excess money in circulation can lead to instability in financial markets. This is because it can lead
Understanding Economic Indicators For Effective Risk Management
Economic indicators are statistics that provide information about a country’s economic performance and outlook. They are used by businesses, investors, and policymakers to make informed decisions about the economy.
Gross domestic product (GDP) is one of the most important economic indicators. It measures the value of goods and services produced within a country’s borders. A growing GDP is generally seen as a sign of a strong economy, while a decline in GDP can indicate a recession.
Another important economic indicator is the unemployment rate, which measures the percentage of the labor force that is unemployed but actively seeking employment. A low unemployment rate is usually seen as a sign of a strong economy, while a high unemployment rate can indicate weakness.
Inflation is another important economic indicator. It measures the rate at which the general level of prices for goods and services is rising. High inflation can indicate that an economy is overheating, while low inflation can indicate weakness.
Interest rates are also an important economic indicator. Central banks use interest rates to control inflation and stabilise the economy. Higher interest rates can slow down economic growth by making borrowing more expensive, while lower interest rates can stimulate growth by making borrowing cheaper.
Economic indicators can also be divided into leading, lagging, and coincident indicators. Leading indicators tend to change before the economy as a whole changes, and can provide early warning signs of an impending recession or recovery. Lagging indicators, on the other hand, tend to change after the economy as a whole changes, and can confirm the onset of a recession or recovery. Coincident indicators tend to change with the economy as a whole and tend to reflect the current state of the economy.
Effective risk management involves staying informed about economic indicators, understanding their significance, and using them to make informed decisions. By monitoring economic indicators, businesses and investors can anticipate changes in the economy and adjust their strategies accordingly.
In conclusion, Economic indicators are important tools for understanding the current state and future prospects of an economy. By monitoring key indicators such as GDP, unemployment, inflation, and interest rates, businesses and investors can make informed decisions and effectively manage risk.
Understanding Economic Indicators for Effective Risk Management
Assessing the Impact of Economic Downturns on Your Business
Mitigating the Effects of Economic Fluctuations on Revenue and Profitability
Staying Ahead of the Game: Monitoring GDP Growth, Inflation, and Interest Rates
Implementing Strategies for Economic Risk Management in Your Business
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The latest average premium is the lowest since the third quarter of 2015, the Association of British Insurers ABI said
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The amount paid by motorists for insurance fell to its lowest level in more than six years in the first quarter of 2022.
A big change occurred on 1 January 2022. New rules mean motor and home insurers are required to offer renewing customers a price that is no higher than they would pay as a new customer. The Financial Conduct Authority (FCA) introduced the new measures for insurers. It could mean there will be fewer cheaper car insurance discounts if you shop around to find a better car insurance deal than the one your current insurer offers you.
Looking for cheapest car insurance UK
Compare car insurance in the UK. The cost of car insurance in the UK rises and falls. However car insurance always has a significant impact on personal and corporate budgets.
Very cheap car insurance is a little bit closer in UK
It is easy to compare cheap car insurance in UK. Whether you are responsible for your household budget or business budget it is easy to compare the cost of car insurance in UK.
It is not always to beat the car insurance renewal price. That can depend on car insurance market fluctuations.
UK car insurance premiums biggest annual fall in average price since 2014
The cost of a comprehensive motor insurance policy fell 11 percent in the UK between April and June 2018 compared to the same period last year.
Willis Towers Watson insurance brokers has reviewed the cost of car insurance in UK for confused.com. The insurance broker has found that car insurance premiums have fallen for the fourth quarter in a row.
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Free Up Time For Business
How do you free up your time to focus on what really matters for a successful business
Time is a precious commodity in the business world. As an entrepreneur, it’s easy to get bogged down with tasks and responsibilities that keep you from focusing on what’s most important for your business’s success. Here are some tips on how to free up your time to focus on what truly matters:
Delegate tasks: One of the biggest time-wasters for entrepreneurs is trying to do everything themselves. Delegate tasks to trusted employees or contractors to lighten your load and give you more time to focus on your strengths.
Automate routine tasks: Automation tools can save you a significant amount of time by streamlining repetitive tasks. From email marketing to invoicing, there’s a tool available to help you save time.
Prioritise tasks: Make a to-do list each day and prioritize tasks based on their importance. Focus on the most critical tasks first, and don’t waste time on tasks that can wait.
Manage your email: Email can quickly consume a lot of your time if you’re not careful. Set aside specific times each day to check your email, and avoid checking it constantly. Use filters and folders to keep your inbox organised.
Avoid multitasking: Multitasking may seem like an effective way to get more done, but it can actually slow you down and reduce your productivity. Focus on one task at a time and give it your full attention.
Set boundaries: Set boundaries for when you will and won’t be available for work. This can include not checking email after hours, not answering calls on weekends, or setting aside time for a lunch break.
Take care of yourself: Finally, make sure you’re taking care of yourself. Exercise regularly, get enough sleep, and make time for leisure activities. A well-rested and healthy mind is more productive and better equipped to tackle the important tasks at hand.
By following these tips, you can free up your time and focus on what really matters for a successful business. Remember, time is your most valuable resource, so prioritise it and use it wisely.
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UK economic growth 2018 started more slowly than end of 2017. The UK economy news is normally weaker at the beginning of the calendar year. Most of the UKs economic growth comes as the calendar year progresses.
Governor of the Bank of England Mr Carney
Mr Mark Carney the head of the Bank of England says poor UK economic activity at the beginning of the calendar year 2018 was due to the weather and not UK economic climate.
In addition Mr Carney reports that all slack in the UK economy has been taken up and this is likely to push up UK prices and UK inflation.
With very high levels of employment low levels of unemployment and a million plus job vacancies unfilled it is more likely that wages will increase faster. UK employers will need to pay more to attract candidates and to keep existing staff.
Mr Carney paints a rosier future for the UK economy in 2018 with downside risks including global international trade war. UK interest rates more likely to rise later this year and this should boost value of the UK pound.
Not just shops! Just shopping on the High Street is no longer enough for the consumer nor the High Street. We have to be a bit smarter more innovative and put into action a more radical approach to delivering what people want from the High Street now.
Britains High Streets have a bright future if entrepreneurs business leaders and local planners are a bit smarter
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The High Street will become a bigger part of the community not less if we work at building a better future for the High Street in UK.
Retail therapy is still important to many but the High Street can do so much more for the local community
Retail experts have a role to play on the High Street in the UK. They need to be a bit more imaginative creative and innovative to deliver a High Street fit for the future. Selling stuff is no longer enough. Entrepreneurial retailers will sell experiences night and day.
The notice of the Death of the High Street is premature!
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Retailers continue to put pressure on suppliers to cut costs
Biggest retailers continue to create strategic alliances to maximise profit and protect mutual retail market share. Carrefour and Tesco plan to formalise an informal arrangement for global long-term purchasing alliance.
Food and Drink Magazine
The strategic alliance will aim to put pressure on global suppliers to reduce their prices. Such cost reductions will enable retailers to maximise profit or protect and grow market share.
Is the survival of your supplier business threatened? Will retailer strategic alliances crush your profit? How can you change your small medium sized business strategy to combat continual pressure from big supermarkets?
Retailers have to respond to threats to their core business objectives. The world of retail is currently undergoing seismic changes. The pace of change is only going to accelerate. How prepared is your retail business to manage threats and seize new business opportunities?
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Digital world supports the real world. The digital world rate of change is set to accelerate. It threatens millions of jobs and creates new jobs. Train to take advantage of bright new digital world.
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Existing technology is not being used to maximise potential benefits
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Riding best waves require you to be just in front. Being behind the wave means you miss out. Being ahead of wave risks your assets being wiped out! Getting timing just right requires training tips and advice.
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Looking back at past mistakes to make future better
In order to move forward we must look back. If we want to create a better future for our businesses we need to learn the lessons from the mistakes of the past.
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Sometimes you have to look back to move forward
Nobody wants to make mistakes. Where they have been made we should not repeat them
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Benefit from others mistakes as well as your own mistakes
Learn how to use past mistakes to make business better. Undertake risk reviews to check what went wrong and why. Develop real risk insight to build your business intelligence.
Often we learn more from failure than success. Ultimate business performance can be higher after lessons learnt. Not reviewing risk management errors condemns you to repeating them.
Transform your business on back of past mistakes. Your past mistakes can be the foundation of your future success. However do not dwell on past mistakes. Learn lessons move on but do not keep picking wounds.
Step into your future by looking back at past mistakes
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The Bigger Risk To Financial Services Jobs Is Automation Or Robots Not Brexit
Ignore the threat to financial services industry jobs of Brexit. You should be much more worried about the threat of robots. Job automation is the biggest finance sector threat and opportunity.
Financial services industry news headlines risk analysis and financial reports
Job Automation Risk To Your Financial Sector Job
No doubt. Financial services industry is very important to the UK economy. If financial services jobs were lost other sectors would be affected. Fewer services jobs needed to service those in financial services jobs!
Many jobs in financial services are high paid jobs. Top British bankers are paid much more than elsewhere. Resistance to moving to Germany is as much about personal reasons. The UK economy may or may not suffer after Brexit. Bankers will suffer.
However people in financial services are facing automation existential threat. Never mind moving to Germany your job is going full stop!
FinTech company jobs will be prevalent. Bankers less so. Most financial services jobs can be done faster cheaper better. Robots will be
less emotional
more reliable and
after a few years significantly cheaper
How long do you think the C Suite will keep your job. If job automation is better for bonuses your job is toast!
Existing financial services jobs are like UK miners jobs. The buildings will remain but the people in them will be different. Cyber security and fintech risk managers will be plentiful.
Banks insurers and funds will need cyber experts. They will stop external and internal threats to money.
Fintech risk managers will direct risk appetite and risk tolerance
C suite virtual bankers insurers fund managers will be wealthier
Wealthier investors but more at risk of systemic industry collapse
Software developers will frequent the bars and restaurants. Existing financial services people will be there waiting on tables!
Most existing financial services jobs will be lost to job automation. Do not doubt this for a second!
However it is not all doom and gloom. The key to survive is to move into the new financial services sector jobs. Some new financial services jobs do not exist right now! You must change your skills set to take advantage and survive.
Its not just the top bankers that need worry. Indeed they are the ones most likely to easily morph. Financial services jobs most at risk
Mortgage advice
Financial and investment advice
Insurance advice
Any financial services sector job your current phone app replaces!
Consumers have a choice to use financial services apps and websites. In future the consumer will have no choice. Financial services consumers will not speak to people. People will be gone replaced by job automation. The robots will have taken over the financial services world!
There is no point in complaining. No point arguing with us. Better spending your time reskilling instead. Stop worrying about Brexit. Start retraining to overcome threat of job automation. Learn tech skills not German!
Solutions to trade barriers with BusinessRiskTV.com
Solutions to problems of international trade. International trade barrier risk management solution with BusinessRiskTV. Overcoming trade barriers is not straightforward. Find out how to grow your business overseas. Increase the opportunities to grow your business faster. Save money and time growing your business with less uncertainty with BusinessRiskTV.
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How To Advertise Internationally To Help Overcome Barriers To Trade
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How To Do More Business and Increase International Sales With BusinessRiskTV?
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How to make strategic alliances work? We will develop win win collaborative work and projects success. BusinessRiskTV.com will forge and manage all strategic alliances.
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Successful Strategic Alliances On Business Resilience and Growth
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