And this means that they are expecting some significant businesses to go bust owing lots of money. Many of us already use credit status reports from the likes of Experian, Creditsafe and Equifax. But these only tell you part of the picture as, in the corporate world, the data is scraped (in the UK at […]
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137. In 3 – No. 10 What does Frugal Innovation actually mean and what are the principles you need to apply if you want to be a practitioner?
This week we tried a new platform – not Zoom this time but something called Wonder – go on, try it! The aim was to have a highly interactive session with the author of the book, FRUGAL INNOVATION, Jaideep Prabhu. Jaideep is Professor of Marketing at the Judge Business School at the University of Cambridge. […]
Continue reading135. In 3 – No. 8 The key takeaways from our meeting with Daniel Susskind – author of “A World Without Work”
We have brigaded the numerous takeaways under 3 main headings: The Context Daniel wrote A WORLD WITHOUT WORK: People need to take the threat seriously People need to understand that their contribution to society will change In 1950, machines could perform 100,000 (or 10⁵) computations per second; in 2000 that figure was 1,000,000,000,000. And technology […]
Continue reading134. In 3 – No. 7 Have you or your clients received a “NUDGE” letter from HMRC?
Context If you are claiming R&D tax relief, it’s important to understand the correspondence you might receive from HMRC and what to do next. Up to now, most applications for R&D relief result in money hitting your bank account, with little or no direct communication between you and HMRC. But times have changed. HMRC has […]
Continue reading133. In 3 – No. 6 Thoughts on how you could be easily maxing your LinkedIn activity
I have just completed a week of well, the only word for it is Bootcamp which forced me to re-evaluate how I use LinkedIn It soon became clear I had only really been dabbling at it. Yes, my profile was pretty up-to-date and yes, I was doing the odd post and ‘like’ and sharing other […]
Continue reading125. In 3 – No. 5 Three takeaways from meeting with the creator of Google’s design sprint, Jake Knapp, talking about his book “MAKE TIME”
Yesterday, 15th December, we had an hour with co-author Jake: Jake spent 10 years at Google and Google Ventures where he created the design sprint – a software development approach adopted globally. Each sprint over 5 days has a focal point – called a Highlight – which creates clarity and motivation. This Highlight is the […]
Continue reading116. In 3 – No. 4 We are predicting 3 serious cash pinch-points over the next 15 months – here they are
This Tectona “In 3” reinforces how important cash planning is and why it is so much more critical now with so many unknowns as we emerge from Covid-19 lockdown. Tectona are perfectly placed to help you manage your cash ups and downs. Wild guess? – Businesses are going to be chewing up a lot more […]
Continue reading115. In 3 – No. 3 What is “Breakeven” and why is it important
Fact – even if you don’t, others (customers, suppliers, funders, shareholders) will be looking at your business and, especially in this period of uncertainty, gauging how robust it is. If they are advised properly, one of the things they will look at is Breakeven. This Tectona “In 3” peels back the layers of the concept […]
Continue reading113. In 3 – No. 2 So you employ staff, what now? Your call…
Fact – you are going to have to, if you have not already done so, make a very rapid decision as to what and how you will communicate with your staff due to Coronavirus. This Tectona “In 3” looks at what you should consider before talking to your employees. Introduction I have spoken to a […]
Continue reading112. In 3 – No. 1 Should we be worried about ZERO GROWTH?
This is the first in our new series of “In 3” – where we take a very quick look at important news of the day which is likely to directly affect large numbers of businesses. What is happening? In the final 3 months of 2019 the UK economy showed zero growth. This against a backdrop […]
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