Economic Update July 2017
The USA and the EU and the UK are all growing at around 2%. The USA at 2.1% is below its trend growth but has reached its capacity ceiling. The EU is growing slightly faster than long run trend. This suggests interest rates should rise in both regions. The UK is suffering from the impact of devaluation, underinvestment by government and large companies, a loss of confidence, falling real wages, the likely loss of skilled EU workers, and the prospect of losing frictionless access to the largest and richest market on earth. It also needs an increase in interest rates to curb credit growth. It will be the first increase in ten years with unpredictable consequences. All this is likely to reduce real GDP growth over the next 12 months to around 1.7%.
The right people at the table
There is old saying that always stays current: People Trump Strategy. In fact, people often trump processes, procedures, and methodologies. It is not that these other things are not important, it is that their effectiveness or ineffectiveness is driven by the people executing the processes, procedures, and methodologies. You don’t really say: “That process let me down!”...you say; “That person let me down!.
Fill in the questionnaire for yourself, to get some quick insights into your leadership, and drive a really good discussion in your leadership team, on the key habits and behaviors to role model for the rest of your organization.
Selling and Understanding Personality Types
Failure to adjust your sales technique to your prospect’s personality type is likely to lower your chances of successfully closing.
Learning to adjust to each as an individual.
The Role of a Finance Director
Ruth Foreman has an innate ability to communicate financial matters in a practical, un-fussy and no-nonsense way. As a partner of Baker Tilly in Bristol she gets to see a wide range of businesses and her input at board level is well respected.