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Posted by & filed under Working for Growth.

Notwithstanding geopolitical squabbles on vaccine production and supply, the fight on Covid appears to be heading in the right direction. Businesses are learning exponentially and predictions about “the new normal” abound. For instance, 1McKinsey cites that more than 20% of workers could work remotely and retain effectiveness.

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The crisis is leaving its mark across multiple industries and casualties are revealed almost daily. From high street brands to smaller businesses under the radar of the press, businesses are being acquired either directly or with the assistance of Private Equity.

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It is clear that there has been a seismic shift in working patterns brought on by the pandemic. For example IT Services companies have never been so busy enabling employees to maximise productivity working from home.

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The current macroeconomic environment renders bold and swift decision-making a necessity – either for survival or to flourish. When there is relative stability the same boldness is required and it is the CFO / Finance Director who must provide the case for action when the status quo seems the easiest option.

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Today’s precarious macro-economic environment with geo-political upheaval and a global pandemic requires an agile approach to strategic planning. For some businesses the opportunities are positively transformational, for others, fatal.

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Posted by & filed under Managing Risk.

Since the lockdown huge swathes of employees have been obliged to work from home. Some love 1telecommuting; others can’t wait to get back to the office. 2McKinsey and others have published numerous blogs and articles exploring the cultural effects of this sea change in working practice.

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