Action Streamlining Operations You'll want to be sure that every activity undertaken by your workforce is contributing to delivering value to the end-customer. Over time, systems and processes evolve, as does the market. You'll need to review current operations, strip out any superfluous tasks, and pivot to new ways of working.
Action Cutting Costs In normal times, regular reviews of spend and committed cost is a straightforward and necessary activity. Right now, cutting costs has become an imperative to, in many cases, save the company. We talk through an approach to stop, reduce and reallocate.
Action Financial Modelling Financial modelling is essential to inform decision making, and to test scenarios in strategic planning. Right now we need to take action to address current concerns, identifying the financial and operational levers that can be pulled to conserve and generate cash and increase access to funding.
Action A Leader's Guide to employees Working Remotely Working remotely is the new normal for employees of service organisations. Whilst 'working at home' for some staff is familiar to many businesses, there are a new set of challenges when the whole company has to work remotely.
Action Working with Insolvency Practitioners If your company is experiencing financial distress, you may be considering appointing the services of an insolvency practitioner to help you navigate your current situation. Aston Beck work alongside a highly respected and experienced restructuring and insolvency team, and can provide support.
Insights How do I set and amend strategic direction? Successful leaders understand that they need to find new ways to increase profits and reach new customers. There are numerous options available, but how do you know which one will work best for your organisation?
Insights Cloud Transformation & Technical Debt A Cloud Transformation programme can reverse years of underinvestment, and turn technical debt into technical wealth. But it's not as simple as asking IT to sort out the technology. This is a whole company transformation that needs to embrace all parts of our message on Digital Transformation.
Insights Managing Corporate Risk To stay trading, organisational leaders must be supportive of lines of enquiry which uncover threats to the existence, products or profitability of the company, and take mitigating actions to reduce such risk.
Insights Products need to be Secure Whatever stage of your digital transformation journey you are at, your company needs to stay trading. Digital products need security designed in from the beginning.
Insights Staying Compliant To stay trading your company needs to be, and remain, compliant. Few business owners will say that they like regulation, but the consequences of not being compliant can stop you trading, so make sure that you have sufficient people making sure that you are.
Action Remote Work and Virtual Leadership Your newly virtual teams have newly virtual leaders, and some of your leaders may need help adapting to running a team of remote workers. It's a sound investment, for now, and because these are the same skills that you need them to have for the digital mastery you must embrace.
Insights Communicating...and silence is still communicating Many businesses stop communicating when faced with uncertainty, crisis or anxiety, but communication becomes ever more important. If you’re not actively communicating with your people, they’ll still be getting a message loud and clear – but not one you necessarily want them to hear.
Insights Organisational culture: shifting gears to accelerate change Organisations must pivot to respond to significant trading uncertainty. Their ability to pivot may be compromised by a lack of readiness in the change team and unhelpful behaviours amongst the staff. We discuss what must change.
Insights Risk Led Leadership Leading your company – setting your objectives, making commitments, and managing your organisation's performance whilst being aware of the threats and opportunities that affect these outcomes is risk-led leadership. We explain our PACED approach to move into an uncertain future with confidence.
Action An Individual's Guide to Working Remotely Working at home all of the time is a lot different from staying in one day to receive a delivery. It requires some behavioural shifts, but once you realise what needs to change, you'll feel more confident.
Insights Innovation keeps you Trading Innovation is at the heart of any business. No company, however successful, can stand still. Change happens whether you want it to or not. Successful leaders must reimagine and reinvent traditional legacy businesses or face becoming irrelevant in the market.
Insights People Matter Whatever our background, all of us are a diverse mixture of our past and present, with our own hopes and fears, abilities and weaknesses. Together we represent society, and by embracing the breadth of what we all offer then we are also relevant to and engaged with our customers.
Action Seven steps to effective delegation Delegation is one of the most powerful tools in your toolbox. It allows you to work on the things that will really take your business forward. But how do you get it right?
Insights Corporate Memory There are many sources of knowledge across the business. The challenge is harnessing this knowledge in a coherent and productive way. The way a business gathers, shares and exploits its knowledge can be central to its ability to develop successfully and to continue trading.
Action Types of Business Risk Poorly managed risks cause revenue, reputational and regulatory pain. We work with your leadership team to identify the threats to your ongoing success and then put in place effective mitigation.
Insights Productivity vs Efficiency Efficiency means doing the same with less, without sacrificing quality; productivity is about doing more with the same - greater output with maintained quality. For all our efforts on being efficient, it is a diminishing return. A focus on productivity results in happier staff and top-line growth.
Insights Organisational Data Your data is your organisation's most valuable asset. It's likely that companies that do not understand the importance of data management are less likely to prosper in the digital economy. To create a truly customer-centric business it is essential to understand the ins and outs of data management.