Today, I want to elevate that conversation to an operational masterpiece, the VPMOSA—Vision, Purpose, Missions, Objectives, Strategies, and Actions—a framework that serves as the architectural blueprint of your business. Understanding VPMOSA To navigate the vast seas of business, one must set a course with precision and foresight. VPMOSA is that compass, guiding your ship from the port of foundational ideas to the horizon of achievement. Vision is your lighthouse, the ultimate destination you aim for. Purpose is your ship’s very essence, the ‘why’ that fuels your journey. Missions are the significant milestones dotting the route to your vision. Objectives are the measurable outcomes you…
Author: Editor
New research from emlyon business school shows that hiring a successive CEO who is a different gender to the outgoing CEO often negatively affects firm performance, however hiring a CEO who is the same gender as the one before ensures the firm continues to perform well. Interestingly, no matter what the combination of outgoing CEO to successor – male-to-male, male-to-female, female-to-male or female-to-female – it is only when the gender of the CEO changes, that negative effects on the firm’s performance arise, due to the change. These are the findings from research by Nikos Bozionelos, Professor of HRM and Organisational…
Navigating the Path to Financial Mastery in Business Welcome to our comprehensive guide on smart financial management – the cornerstone of any successful business. In today’s fast-paced and competitive market, managing your finances effectively is not just a necessity; it’s the backbone of sustainable profitability. This newsletter is dedicated to unraveling the complexities of financial management, offering insights into effective budgeting, cost control, pricing strategies, and long-term financial planning. Whether you’re a startup or an established enterprise, these insights are crucial in steering your business towards enduring financial success. Budgeting Techniques for Better Financial Control Why Budgeting Matters: Budgeting is…
China secures its position as the only middle-income economy in the top quartile of the 2023 Network Readiness Index (NRI) rankings, published today. Emerging as one of this year’s biggest movers, China ranks 20th globally, up five positions as compared to last year, showing a high concentration of AI talent and strong investment in technology. The NRI, published by Portulans Institute and Saïd Business School, University of Oxford, provides a robust framework for assessing the impact of Information Communication & Technology (ICT) on society and the development of nations. It evaluates 134 economies based on 58 indicators across four dimensions of…
French footwear brand, VEJA, have announced the newest edition in their running shoe line, the Condor 3, and the latest iteration not only boasts their most technical running shoe yet, but it also features their softest bio-based midsole to date. For the everyday runner, the Condor 3 offers a running shoe which elevates the running experience whilst prioritising sustainability. Gone are the days when runners have to choose between performance and sustainable materials thanks to VEJA. VEJA’s state-of-the-art bio-based midsole is 43% sugar-cane-based and features sustainably sourced and organic Amazonian rubber. Underneath, the shoe boasts a grippy outsole with a full-length L-FOAM…
Trinity Business School has achieved full EQUIS re-accreditation for another five years from the European Foundation for Management Development (EFMD). In doing so it maintains its Triple-Accreditation status and remains one of the top business schools worldwide. The re-accreditation was awarded following an assessment which focuses on the areas of Internationalisation; Ethics, Responsibility & Sustainability; and Connections with Practice. The Business School first achieved full EQUIS accreditation in 2018 following its high growth strategy and the expansion of its international research, suite of Masters, and its portfolio of Executive Education programmes. Since then, Trinity Business School has continued to build…
For almost 20 years Notino disrupts the boundaries between the world of beauty and online shopping. This e-commerce company centralized in Brno became the first e-shop to sell perfumes online in 2004 and it created a platform for selling goods that until then no one could imagine buying online. Starting on a greenfield created the opportunity for innovative thinking and Notino’s primary goal has become to find new ways and technologies that can improve and simplify the customer journey as much as possible. In 2023 Notino exceeded a turnover of 1 billion euro. The company recorded a 32% increase compared…
The tire industry is facing a rapidly changing landscape, including sustainability imperatives, deglobalization, and emerging technologies such as electric vehicles. As the sole part that comes into contact with the road and a critical safety component of any vehicle, the tire industry requires support from key suppliers to navigate these challenges. Flexsys is committed to investing heavily to meet the needs of the industry and provide innovative, sustainable, and reliable solutions. Flexsys focuses on three key areas to support its global customer base: innovation, sustainability, and security of supply. The company continuously innovates to meet customer needs while ensuring high…
The Association of Professional Staffing Companies (APSCo) and its members have cautioned that the draft Acas Code of Practice on handling requests for a predictable working pattern includes ‘inappropriate’ and unnecessary actions from the Employment Rights Act 1996. In its response to the consultation on the Code, the trade association has warned that the recommendations could create more red tape and administration for highly skilled contractors that will reduce productivity and hinder contractor recruitment. As Tania Bowers, Global Public Policy Director at APSCo, explained, concessions need to be made for the highly skilled segment of the workforce, without impacting the…
New package will help one of the most stressed cities in Europe find their calm In line with Stress Awareness Month this month, Get A Drip, the UK’s leading provider of health and well-being diagnostics solutions, treatments and technologies, and Alliance Jiu Jitsu London, London’s first boutique jiu jitsu school, part of one of the most influential jiu jitsu associations in the world, have partnered up to launch a unique, stress-relieving ‘Calm & Collected’ wellness package – the package follows news that London is one of the most stressed cities across Europe. Having recently launched their brand new Calm Drip – which features a groundbreaking…