With the recent COVID-19 outbreak spurring on remote recruitment, it seems flexible working is no longer the future — it is reality for the majority of businesses. While many companies have decided to halt their recruitment during these uncertain times, others have shifted their workers to a remote working setup. Continue reading Preparing Your Business For Remote Recruitment
During the economic crisis, it seemed as though we’d been constantly running in crisis mode. To put it mildly, the worldwide situation got out of control years ago and it didn’t show signs of improving soon. Uncertainty abounds, fingers were pointed in every direction, and many of us felt powerless to do anything but wait and worry. In those situations, it’s best to know about crisis and risk management. Continue reading What Is the Difference Between Crisis and Risk Management?
Business continuity management — more commonly known as “disaster recovery”, even in the present day — used to be about worst-case scenarios. That is: What is the worst thing that could befall my company, and how do I ensure minimal to no disruption of the company’s operations if that happens? Continue reading How to Create a Business Continuity Plan
Profit is used to drive growth, which is one aspect to your cash needs. But what are you going to do with the excess cash from your business? Your options include purchase assets, spend it on various expenses, hold it in an investment account, pay down debt, or give it back to the shareholders. Do you have a Return on Investment plan for your capital? Continue reading What Is Your Business Return on Invested Capital?