Business Insights and News to help you gain a Competitive Advantage
Download our latest Market Intelligence (19.2) which offers the most current business insights and actionable value that you can utilise in your own organisation to gain a competitive advantage.
In this edition, some of the key topics covered include:
- Reducing Plastic Waste
- Digital Transformation
- Brexit Update
- Changes to British Banking
Each of these articles has been written by subject matter and industry experts from within our global network. We provide crucial analysis of the most pressing issues facing organisations in the UK today, including tangible actions you can take in order to gain a competitive advantage and improve your business.
Explore what’s Inside
Further details of each article can be found below and the full document can be downloaded now for free to read at your leisure.
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Plastic Policy Overview and How to Reduce your Plastic Waste
The increasing focus on pollution prevention and the impact of plastic waste in our environment is driving individuals, enterprise and governments to identify solutions to curb the effects on our natural world. In particular, the effect of plastic waste that may not degrade for hundreds of years or possibly not at all is a major cause for concern. There are significant emerging polices and actions that the UK Government and the European Union are going to take to reduce plastic waste.
A summary of these changes are outlined in our downloadable Market Intelligence (19.2) along with clear conclusions that cover what you can do within your own business to gain a competitive advantage whilst also helping the environment.
Author: Daniel Howells
Can a Travel Agent Still Add Value to the Modern-Day Business Traveller?
At ERA, we often hear clients ask insightful questions concerning their travel programs. In particular, questions surrounding the shift to digital and the decline in consumer need for physical travel agents.
In today’s society, we are constantly connected which perpetuates the need to feel informed at all times – price comparison sites and other third-party travel platforms greatly facilitate this need with their ‘the price is the price’ approach. Millennials want even more added extras; a business trip isn’t just a business trip – sightseeing is now a common part of their itinerary.
Alongside this, hotels and airlines are also going the extra mile to persuade everyone that their rewards scheme is best. In this immaculate and digital modern day world, is there still space for the traditional travel agent any longer? Surely, they will just become lost amongst the abundance of offerings? The answer to these questions may actually surprise you.
Download the full Market Intelligence (19.2) which explores the top 3 ways travel agents can add value to their audience, which you can use in your own business to gain an advantage.
Author: Barry Donovan
Brexit and EU Parcel Distribution – What Next?
It’s all gone a been a bit quiet recently. The can has been kicked down the road until early June and this is a critical point for organisations that ship goods to and from the EU. Whatever the outcome, the inevitable change of UK premiership may result in an individual with confidence that the UK could trade on WTO rules.
This would also mean the re-introduction of customs checks on goods leaving and entering the UK form the EU.
The flow of goods and funds are intrinsically linked because items are rarely shipped without some form of transaction. This is the agreed value of goods sold, however when exiting or entering the UK from outside the EU, duties and taxes are also included in the transaction of funds.
This adds complexity because the duties and taxes all need to be additionally accountable, mainly by the receiver of the goods. This is what could be re-introduced for the UK.
Whatever the outcome, to remain competitive organisations have to be ready for this scenario. To learn more about what this will mean for your business and how you can prepare, download the full Market Intelligence (19.2).
Author: Simon Perkins
Evolving Financial Services
Financial Services play a vital role in supporting business investment and growth, offering people and organisations secure access to their money, protecting against risks and providing stability for households and corporations.
The sector provides more than 11 million jobs in the EU and accounts for €681 billion of economic value. The EU is a leading exporter of financial services worldwide with annual exports of €78 billion accounting for about a quarter of global financial services exports.
The financial services industry continues to grapple with the impacts of the financial crisis and is still working hard to build confidence in its products and services. At the same time, it has great cause for optimism, with a chance to innovate, explore fast growing markets and use transformative technology to unlock new opportunities.
The ever-changing landscape of the financial services market continues to present organisations and their leaders with unprecedented challenges. Greater and more complex consumer demands, fast-moving competitors utilising disruptive business models, increasing risk and compliance issues and the continuing progress of technology are all having an impact. Sustainable supplier management and cost reduction has become an imperative for financial services organisations to drive profitably, manage risk and increase shareholder value. Businesses must act quickly to find less costly, more efficient ways to operate.
Author: Richard Placito
Communicating Change with IT
We are fine, we have plenty of time to think about majorly changing the way we communicate… right?
Day-to-day, ERA has many varied exchanges with businesses regarding their telecom/communication infrastructure. The resounding message, no matter the industry, is that a tidal wave of conflicting and confusing (mis)information is constantly coming at them. What is the fact, and what is the fiction?
Suggestions that doomsday is possibly around the corner if companies don’t act immediately and how they must urgently change the way they procure telephony, and in the wider sense, all types of communication solutions. At the other end of the scale there is apparently no immediate rush because nothing supposedly has to happen until December 2025, considering the office-based voice solution alone.
Technology is changing at an ever-increasing speed. Organisations need to be able to tap into a range of resources that help them objectively identify what they want and need, and how to make it a reality.
With forced market and technology changes many suppliers are not being proactive enough as they themselves are being faced with an overload of regulatory and technological change.
From our experience, many businesses simply do not have the resource to know everything they need to in transitioning communications and IT.
Download the full Market Intelligence (19.2) which explores some of the crucial changes in IT and technology taking place in 2019 and how you can prepare your business.
Author: Nigel Rosehill
Business banking with Natwest or Royal Bank of Scotland? A big change is on the Cards!
Natwest have launched a new card acquiring business aimed initially at their own customers and those of the “parent” Royal Bank of Scotland (RBS) bank brand.
If a business banks with NatWest or the Royal Bank of Scotland, and takes payment by card face-to-face, over the phone, by mail-order or via a website, it is very likely indeed that over the next few months to a year they will be offered the chance to move that card sales activity to their new card acquiring brand.
It is very likely that for the foreseeable future, RBS and Natwest bank managers will be very active in offering business customers a switch to the new brand.
Download the full Market Intelligence (19.2) and explore the key benefits and drawbacks of migrating to help you make an informed and financially justifiable decision.
Author: Steve Whitlam