British Chambers of Commerce’s Post

The BCC 'Future of the Economy' Manifesto, sets out a five-point plan for action from the government. 1. A green focused industrial strategy 🌱 2. Plan better for skills 🏙 3. Business rates reform 📈 4. Improve EU relations 🌍 5. Appoint an AI champion for SMEs 💻 Have a read 👉 https://ow.ly/aOle50SmtHL #Manifesto #FutureoftheEconomy #WhereBusinessBelongs

How do we kickstart a new generation of small business growth in the UK? Our recent 10,000 Small Businesses UK report, "Generation Growth: The Small Business Manifesto," outlines key policies that our #10KSBUK alumni believe will support future growth. Based on a survey of over 550 #10KSBUK alumni, the report examines pressing issues such as the skills crisis, AI, the climate transition, and unlocking finance. Read a summary and download the report here: https://click.gs.com/2cqa

Ever wondered how different industries contribute to the economy? Our latest #blog breaks down the three main industry types: primary, secondary, and tertiary. Learn about their roles, impact, and how they intersect in today’s global marketplace. Read more to expand your industry knowledge! Click here: https://lnkd.in/gBJgNMhM #Industry #Insights #Economy #Business #Education #Global #Billing #Software #Free

The Ministry of the Economy, Finance and Industry, France Stratégie and the OECD will host the 2024 Annual Conference of the OECD Global Forum on Productivity: “Boosting growth and productivity: the role of human capital” on 15-16 October.  The conference will bring together high-level policymakers, leading academics, and representatives from civil society to discuss the role of human capital in productivity growth. In the context of new developments such as the green transition and emerging technologies like AI, the workforce's skills, education, and adaptability are more critical than ever.  The forum will help identify actionable recommendations to navigate the changing landscape of work and productivity in the post-pandemic world, consider potential solutions to address the skills gap, and boost productivity.  See the full agenda and join us: https://brnw.ch/21wNK7f  #GFP2024

We recently launched our new 'Future of the Economy' Election Manifesto, which sets out a five-point plan for immediate action from the next government. 1. A green focused industrial strategy 🌱 2. Plan better for skills 🏙 3. Business rates reform 📈 4. Improve EU relations 🌍 5. Appoint an AI champion for SMEs 💻 Have a read👉 https://lnkd.in/g3PC8NV3 #GeneralElection #Manifesto #FutureoftheEconomy #WhereBusinessBelongs

The world’s public finances look increasingly precarious and it is probably the end of the "whatever it takes" policies. The #COVID-19 crisis led to a substantial expansion in #budget deficits in the euro area. Today, economy's ministries announce their intentions to control public spending by the central government and local authorities. They look for new methods and savings to keep public finances on track.   Digitalization, done right, allows governments to improve revenue collection and spending efficiency. Yet some governments have been slow to harness the potential of #digital technology to improve delivery of #publicservices and strengthen #publicfinance. However, digitalization is a transformative force, which will be accelerated by the #artificialintelligence's turn.   Explore our latest #Insight on the Public Sector Transformation’s Challenges, and the digital vision of #Inetum’s Experts.   Jacques Pommeraud, Juliette Gayraud, Johnny Smets, Hugues Ruffat, Normann HODARA, Manuel García del Valle Carlos-Roca, Gilles Duvat, Christian Bove, Josep Aracil Gallardo, Cedric Fernandez, Emmanuelle PAYAN, Aurelien Grand, Aurélie Angelard, Jean-Francois PENCIOLELLI, Chloé Rigaud Croisé   #Inetum #PublicSector #digital #digitalrevolution #AI #GenAI #digitaltransformation #modernization 

Days of your time saved each year, just by being able to access and e-sign all administrative documents online 24/7, #AI answering any question about your taxes, or delivering free individualized tutoring to your children, Health authorities predicting disease outbreaks and allocating resources accordingly, thanks to big data analytics, Governments delivering simplified, more efficient and more inclusive services, at a lower cost…   The possibilities offered by the #digitalization and the development of AI in public services are endless.   Explore our latest #Insight to know more about the digital challenges of the Public Sector and how Inetum works to make an #impact for administrations and citizens. Marina Ferrari Ghita Mezzour, PhD Mathieu MICHEL Dr. Eng. Nizar Ben Neji Normann HODARA Manuel García del Valle Carlos-Roca Johnny Smets Hugues Ruffat Patrick DESTREMAU Chloé Rigaud Croisé Gonzalo Gómez Lardies

🚀 Exciting News Alert 🚀 🌟 Prediction: As we move into a more interconnected digital world, I predict that we will see a rise in solutions that aim to streamline the complexities of state-specific business requirements for entrepreneurs and companies. 🌟 General Commentary: - The current diverse landscape of state fees, taxes, and registration processes poses significant challenges for businesses seeking to expand across borders. - There is a growing need for innovative solutions that can simplify these processes and pave the way for smoother interstate commerce. - This shift towards harmonizing state regulations could open up new opportunities for business growth and expansion, driving economic development across the country. Let's stay tuned for developments in this space and witness the transformation unfold before our eyes! 💼💻 #BusinessGrowth #Innovation #StateRegulations #DigitalTransformation

As you operate and manage your businesses, it is expedient that you keep an eye on internal and external environment that could affect your businesses either positively or negatively. Keeping abreast of what could affect your businesses would equip you with the required knowledge to steer your business to adequately respond to risks even before they occur thereby staying on course on profit maximum. One strategic tool you can use to analyze your external macro-environment is PESTEL. PESTEL is an acronym for Political, Economic, Social, Technological, Environmental, Legal. The PESTEL frameworks analyzes each of the above items looking at past and present happenings and how they could affect businesses. Political: what policies like fiscal and monetary policies (taxation rates and interest rates), executive orders and so on is the government implementing that could affect the business. Economy: is the economy the business is operating in experiencing a boom or a retraction? Strength of the local currency, population of employable individuals, security level etc. Technology: this tends to check the new technology in vogue or just coming out like artificial intelligence, machine learning, fintech, robotics and so on and how they could affect the operations and revenue of the business. Environment: the regulations regarding the operations, how conducive is the environment presently, how much it would cost to keep the environment green and sustainable, level of pollution etc. Legal: Present laws and ones in process of being passed by the national legislature that could affect the industry, business in general, labor law, consumer etc. A clear analysis of PESTEL framework will enable managers of businesses triangulate their strategy and operations towards survival, sustainability, growth and expansion. #Strategy #Business #entrepreneurship