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Around 60 shopping days! The retail transformation

With around 60 shopping days left until Christmas it is timely to share a few insights into today’s retail industry. Although we are witnessing job losses from the high street, we are also filling new roles emerging from the digital transformation of retail.  

New channels are driving growth. Most of us shop (and bank) very differently now, and in the near future we might find ourselves forced to buy online as our preferred brand no longer provides a

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Cathy Kay's NED Workshop Empowers Women at Credit Suisse 

Introduction: Russam is proud to announce its continued commitment to promoting diversity and gender equality in leadership roles, with the success of Cathy Kay’s Non-Executive Director (NED) workshop held at Credit Suisse. This article highlights the key insights shared during the workshop and its positive impact on participants.

Setting the Stage for Success: Cathy Kay’s workshop took place on June 28, 2023, at Credit Suisse’s prestigious venue in London. With a focus on women becoming NEDs or

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Businesspeople having a meeting over coffee sitting together at a table discussing a document, young man and two middle-aged women present

Brexit and the supply chain – what to expect

...Time’ supply chains, to the extent that a number of businesses, including Boeing, BMW and Honda, are threatening to leave the UK[3] [4].

Fuel is also likely to become more expensive, increasing transport costs. This would ultimately need to be passed to the consumer, making most goods costlier.[5]

The UK already has a shortage of commercial drivers, and 10 per cent of today’s workforce are EU migrants. Leaving the EU is likely to create further vacancies and consequently, put...

Tech-tonic Shift

...embrace the role of technology in forming the company culture. Together they need to be in a position to consider choices around the extent of digitisation and integration, and the new innovation opportunities enabled by it – be they related to the business model, management or customer experience.

“The CTO can evangelise as much as they like, [if the business isn’t ready] all the old structures and the old ways will push back on them.”

Justine...

Brexit and the Insurance sector: what’s coming?

...subsidiaries in other EEC countries, contracts will need to be entirely renegotiated.

This does present opportunities for the UK’s army of interims: professionals that are enormously experienced in manging uncertainty, rapid change and the creation of successful new strategies.

At Russam our insurance clients are already seeking our support to manage the impending change and make the best of a very challenging situation.

[1] https://www.ey.com/Publication/vwLUAssets/EY-Brexit-for-insurance/$FILE/EY-Brexit-for-insurance.pdf

[2] http://riskandinsurance.com/brexit-challenge-insurance-industry/

[3] https://www.bbc.co.uk/news/business-44805565

[4] https://www.ft.com/content/6c697ff4-85cd-11e8-96dd-fa565ec55929 ; https://www.ft.com/content/d2c3d494-85c2-11e8-9199-c2a4754b5a0e

[5] https://www.insurancejournal.com/news/international/2018/08/01/496624.htm

[6] https://www.bbc.co.uk/news/business-44805565

[7] https://www.ft.com/content/56b…

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“A brilliant example of the best elements of a tech business” - new CFO shares his thoughts on Miss Group

...huge volume of M&A activity. What do you expect to happen next for the business?

I expect we will be very busy in the years ahead! The business strategy makes it clear that growth – both organically and through acquisition – are still very central to our plans. Deals like the ones Miss Group has executed so many of in the past are very exciting and make for a challenging yet exhilarating role for the CFO!

Credit- https://www.linkedin.com/pulse/brilliant-example-best-elements-tech-business-our-new-cfo-uxtle/

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When companies lose touch: Paul Whyte of Bidvest Logistics on how to handle and prevent crises

...“is pointless.” Somewhat ironically, however, his biggest loss-making customer decided to leave to seek better service just before Paul’s arrival at Bidvest.

This customer hit the global press as their new distribution partner failed to provide the service they had promised. Even weeks after the change, a number of their London locations were still facing challenges.

Prevention is the best cure

Paul also, it must be said, knows how to avoid a crisis. Over lunch in a King’s...

RUSSAM GUIDE TO IR35

...and vetted a number that are FCSA approved (www.fcsa.org.uk); and we are confident that they work to high standards for compliancy and transparency.

www.icsuk.com www.paystream.co.uk www.brookson.co.uk www.giantumbrella.com www.jsagroup.coluk The recruitment agency can pay the Umbrella directly or the client can.

Alternatively, you could seek out new work with smaller companies that are exempt from the ruling.

If you’re unsure, don’t sign any contract without legal advice.

Which companies are exempt from undertaking IR35 status determinations?

Only those...

The Principles of Business Innovation

...a new context.

The role of culture

Innovation demands a certain culture, where people feel empowered to share their ideas and implement new approaches: to test and learn. It doesn’t matter whether the ideas are small and low-impact, or larger, bolder projects. What’s important is that the people within the organisation have the energy and dynamism to drive change and seek new ways of doing things.

Within any organisation there are two forms of innovation; service improvement and...

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