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“If there’s one thing that’s certain in business, it’s uncertainty.” – Stephen Covey

“If there’s one thing that’s certain in business, it’s uncertainty.” – Stephen Covey

We’re approaching the new year at a time of almost unparalleled uncertainty and yet in our business planning process we’re supposed to be certain, to plan effectively. But, as renowned businessman, educator and author, Stephen Covey said, “If there’s one thing that’s...
Chips With Everything – How the Supply Chain Crisis Could Impact Your Business

Chips With Everything – How the Supply Chain Crisis Could Impact Your Business

The supply chain crisis around the world is significant, and it doesn’t feel like it’s going away. The impact of this on business is potentially enormous, and even more difficult in these times of high inflation, high interest rates and potentially reducing demand....
Inflation – Reducing the Risks to Your Business with the 5 Cs

Inflation – Reducing the Risks to Your Business with the 5 Cs

In my previous post, I touched on why a little inflation is desirable, but high inflation almost inevitably leads to a recession, and presents a number of challenges and risks to business, including: Rising input / running and borrowing costs Declining customer demand...
“Inflation is the parent of unemployment and the unseen robber of those who have saved.” – Margaret Thatcher

“Inflation is the parent of unemployment and the unseen robber of those who have saved.” – Margaret Thatcher

Inflation is going to have a significant effect on business and individuals for the next few years. As we started to exit the pandemic and business started to get going again, energy prices started to rise quite sharply – two years of depressed demand had led to...