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Website © 2007-09 Entelliz Limited; Images © 2007 Jupiterimages Corporation
Website © 2007-09 Entelliz Limited; Images © 2007 Jupiterimages Corporation
STOP PRESS......
New support schemes for small businesses and the unemployed
From today businesses will be able to take advantage of up to £2500 recruitment and 'on the job' training subsidies, as an incentive to take on people who've been looking for work for six months or more. This is part of a package of measures announced by the Prime Minister in January, designed to give even more support to people who've been claiming Jobseeker's Allowance for six months.
There is also more support for people who want to set up their own business. The support includes advice on creating a business plan and employment credit of £50 per week for up to 16 weeks so that they have financial support during the early days and months of trading.
For more information please go to http://www.BusinessLink.gov.uk
BUSINESS ARTICLE of the WEEK
Where is Home for a Global Firm?
Not so long ago, multinational firms were associated with a specific national identity: Caterpillar was a prototypical U.S. company and Honda was a classic Japanese company. But all that is changing as firms shape and adapt to global markets, says HBS professor Mihir A. Desai. Why are these changes taking place, and what are their consequences?"
NEWSFLASH of the WEEK
Government levels the playing field for open source
The Government has published a new policy on Open Source software that will ensure maximum value for money for taxpayers.
Minister for Digital Engagement, Tom Watson, said the new policy reflects changes to both the Open Source market and the Government's approach to IT. It sets out ten actions that will make sure of a level playing field for Open Source Software, and encourage the use of Open Standards. The three key aspects of the new policy are:
1) Open Source software: the policy includes 10 actions that will actively help make sure the best possible, best value for money software solutions are put forward for tenders, be they Open Source or propriety products.
2) Open Standards: the policy contains an explicit reference to Open Standards, ensuring systems are inter-operable and avoiding getting locked into a particular product where possible.
3) Re-use: the Government will look to re-use what it has already bought, with successful solutions being made available across Government.
For full details of the policy, click here.
MANAGEMENT TIP of the WEEK
3 Tips for Smarter Cost Cutting
Almost all companies face some cost cuts to in the current environment, but unfortunately not all cost cutting is done smartly. Consider these three pieces of advice before making cuts:
1. Put strategy first; Cuts across the board rarely, if ever, lead to effective results. Laying out strategy first helps you decide where to cut, and also helps employees accept the cuts as a step toward a goal.
2. Focus on good customers; Rather than cutting valued services to valuable customers, "fire" high-maintenance customers who cause you unnecessary complexity. Focus on serving your more cost-effective customers who are happy
with your products and services as they are.
3. Keep your business simple; In a healthy economy, it's easy to overlook processes and activities that are redundant or overly involved. Simplifying them can save you money with the added bonus of increasing both customer and employee satisfaction.
EVENT of the WEEK
Internet World 2009 Exhibition
Date: 28-30 April 2009
Venue: Grand Hall, Olympia, London
Fee: free
Internet World is Europe's longest running, best attended and biggest event for digital marketing and online business, attracting over 13,000 visitors and more than 300 exhibitors.
Now in its 17th year, Internet World features its legendary, world renown Education Programme, showcasing over 200 enlightening seminars and 20 revealing keynote speakers.
To register please click here
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Entelliz Weekly Newsletter - week 16, 2009