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Future Business leads you through the evolution of sustainability, social responsibility, diversity and leadership, through the development of global trade and industry in an environmentally accountable future

27/07/2023

Can Sustainability Work with a Focus on Bottom Line?

In a time of continued geopolitical turmoil, with a looming worldwide recession, persistent inflation, a cost of living crisis, and a stated need for companies to work on reducing the physical impact they cause with climate change, it’s no wonder there’s a lot of concern surrounding businesses in every industry about whether they can maintain sales from their customers, balance costs and environmental impact, and still make a bottom line.

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Is it possible for sustainability to work, whilst still focusing on the bottom line? We delve into how it can all work.

24/07/2023

Five Warning Signs That Poor Leadership is Costing Your Business

Whether you’re leading your team yourself or have a layer of management between yourself and your employees, effective leadership is absolutely crucial for a successful business. Poor leadership has been shown to cost businesses up to $550 billion annually, and up to 79% of employees may quit their jobs due to a lack of appreciation.

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What are the five main warnings signs that you need to aware of to know that poor leadership is costing your business.

13/07/2023

What is Smart Data and Should Your Business Be Making Use of It?

Access to the digital world has seen companies obtain an unprecedented amount of data and it can be overwhelmingly complicated to handle, especially for those that don’t have the infrastructure to handle data processing and the data engineering tasks required to set up the channels to make that information useful.

When it comes to the varying categories of data, two of the most commonly mentioned and discussed are ‘big data’ and ‘smart data’. Although both deal with information, there are key differences between the two.

Big data is focused on volume, speed, and variety – it’s the umbrella term for your data on a larger scale, with functionality as a focus, which is designed to sort this information and make it usable.

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We’re delve into the meaning of smart data, and how you can make use of it within your business operations.

10/07/2023

Are You Educating Your Team on Sustainability?

Sustainability is one of those topics that is under discussion so often, that it might start to feel insignificant or insular, like it doesn’t particularly matter outside of being the ‘thing of the moment’. But this couldn’t be further from the truth. As awareness continues to grow, and companies take firm action to show their commitment, employees are getting involved, and their opinion on sustainability and eco-friendly actions is making a difference in how, when, and where they work.

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Empowering your employees with knowledge on sustainability fosters a culture of responsibility and drives positive environmental impact.

06/07/2023

Are You Making the Most of Your Digital Content?

The digital world has made companies more accessible than ever before, and the ability to reach customers at any time of day or night, with campaigns and content that don’t cost as much as traditional marketing methods, has meant that having the right digital marketing strategy can make the difference between being seen, heard, and making sales – or not.

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In today's world, maximizing the potential of your digital content is crucial for business growth and success.

04/07/2023

How Often Should You Update Your Business Technology?

Business technology is designed to make processes simpler, easier, or more efficient – but to manage this, it needs to be regularly maintained, optimised, and when appropriate – updated.

Knowing how often you should be reviewing your tech, and when it should be scheduled for updates, upgrades, or replacements, isn’t exactly an easy task – and it will largely depend on your own individual circumstances, the platforms, apps, and programs you’re using, and when the last time you checked over the hardware.

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In this business landscape, how often should you upgrade your business' technology and what are the signs that you need to upgrade?

29/06/2023

What are the Dangers of Not Embracing Diversity in Business?

Diversity is a topic that has been important for businesses for awhile now, and although plans, procedures, and even legal ramifications have been generated to make the workplace more equitable, there is still a way to go yet before diversity can be considered normal – in fact, only one in five (around 19%) of companies currently have a diversity, inclusion, and belonging lead – so there is still plenty to be done at higher levels where businesses are not embracing diversity to ensure equality across the board.

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By not embracing diversity, businesses can put themselves at risk of losing customers, investors, support, and money as a result.

28/06/2023

Creating a Long-Term Business Plan: What Should You Consider?

As your business grows and evolves, there may come a point where you start to look internationally. Now, to clarify – we’re not talking about selling internationally from a domestic location, we’re talking about opening and operating an expansion of your business in an international location, and perhaps even taking some of your production overseas.

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What should businesses consider when developing a long-term business plan that will help them grow, evolve, and change as time goes by?

23/06/2023

Interviewing for High-Ranking Positions: Key Questions to Ask

Bringing in new energy, ideas, and inspiration can help revitalise, develop, and grow businesses – and whether this is from the ground up, or from the top down, it’s important to have the right people. But how do you know who the right people are? What should you be asking, and doing, in order to fill the high-ranking positions with the right talent?

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Discover the crucial questions that will help you identify top talent and make informed decisions for high-ranking positions.

22/06/2023

What are Sustainable Supply Chains and Why are They Needed?

Regardless of the industry or location, companies across the globe are finding that sustainable business practices and the adoption of greener technology are leading to lower costs, improved business value, and more sales.

Sustainability isn’t just a surface issue, one where a company can say, “we’re sustainable” and not put the effort in – more and more people, consumers, investors, and business partners, are looking for businesses who are investing in and practicing sustainable business practices – and this relates to the entire company, not just the public face.

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Sustainable supply chains promote environmental responsibility and resilience, driving long-term success for businesses worldwide.

20/06/2023

Tech Upgrades: Embrace the Change or Stay Put?

Keeping your company up to date with the latest tech upgrades and innovations and utilising the most cutting-edge applications is not an easy task, and for some businesses – it’s not even a necessary task, like the old saying goes, “if it’s not broke, don’t fix it.”

However, no matter how much you want to leave things as they are, there is a balance that needs to be found when it comes to updating your technology, both software and hardware, because regardless of what industry you’re in, there is a certain level of technology you will be using, and as it continues to evolve, there is always going to come a point where you find an upgrade necessary.

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In the fast-paced world of technology, the question remains: Should you embrace tech upgrades or stay put?

19/06/2023

Upskilled or Underskilled: Do Your Employees Have the Right Tools for their Jobs?

Your employees having the right tools for their jobs or “the right tool, for the right job, in the right way” as the phrase goes, and whether your team are using specific items, need specialist digital software or devices, or their tools happen to be knowledge, equipping your employees with the right materials can make an enormous difference when it comes to productivity, output, and even retention.

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All round, from employee satisfaction to profits, making sure your employees have the right tools for their jobs makes sense.

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