Business Trends to Watch in 2019
Here are some of the top Business Trends to watch in 2019.
Cash is King!
Managing your cash flow to grow your business
Managing Customer Experience
When we have positive interaction with a business we feel good about it and will probably tell friends or colleagues about the experience.
Technology and Agile Working
As agile working becomes more common, technology has had to adapt to ensure that employees can be productive, regardless of where they are physically located. Many potential new recruits expect some degree of agile working and the leading businesses have already started to adapt in order to appeal to the best candidates. Many firms have been rolling out smart devices, cloud based storage and cloud based printing in order to allow their people to work from anywhere.
Understanding Your People
One of the most important tasks in creating a high-performance culture in your business is taking the time to understand your team and their needs. When employees’ needs are met, and they feel aligned with the strategy, vision and values of the firm, they tend to respond with higher levels of engagement and commitment, and are willing to go the extra mile to support the development of the business.
RISKY BUSINESS: GOOD RISK VERSUS BAD RISK
From a business perspective, there are good and bad risks. Every opportunity that creates value can be considered a good risk. Bad risks include ignoring regulations or failing to implement effective policies and procedures.