The Evolving Landscape of Crypto: A Business Perspective
The cryptocurrency landscape is undergoing significant changes, with recent developments in both the UK and the US reflecting a shift in how digital currencies, particularly Bitcoin, are perceived by governments and financial institutions alike. These shifts signal a broader acceptance and integration of crypto into traditional financial systems, something that business owners should start taking seriously if they want to stay ahead of the curve.
Gender Pay Gap
The gender pay gap is the difference in the average hourly wage of men and women across a workforce. It compares the pay of all working men and women; not just those in similar jobs, with similar working pattern or with similar competencies, qualifications or experience.
Retirement Relief
Retirement Relief is a valuable tax relief that can significantly reduce or potentially eliminate Capital Gains Tax (CGT) when you sell or dispose your business or farm assets.
Harnessing AI for Business Transformation - Lessons from Industry Leaders
With Artificial intelligence (AI) evolving at an exponential rate businesses are continuously exploring ways to integrate AI to enhance operational efficiency and drive innovation. Drawing insights from industry giants and cutting-edge technologies, let’s take a look into transformative AI applications and strategies that may reshape the future of business.
Effective Decision-Making in Business with Insights from Jeff Bezos
As the amount of KPI and management information NKC generates for our clients increases, I often find myself in numerous team calls discussing decision-making with business owners and management teams. During these discussions, I recall an insightful interview clip from Jeff Bezos that frames the decision-making process effectively.
EU Takes Lead in Regulating AI with Landmark Legislation
Widespread and rapid technological development has seen explosive growth in the deployment of Artificial Intelligence (AI) in markets across the globe. AI is becoming an instrumental part of human society, revolutionizing many aspects of life. With the many benefits AI provides, there is also a risk that the technology could produce unintended harms or be used in negative, or even unlawful ways.
Strategic Insights for Business Resilience: A Leadership and Technology review
In times of significant global uncertainty that include geopolitical tensions and rapid technological changes, it's crucial for leaders to strategically plan for the long term. This is why I read with great interest Jamie Dimon’s letter to shareholders that was circulated in recent weeks.
The Red Sea Crisis: Strategic Implications for Irish Businesses
In the evolving landscape of global trade, the escalating conflict in the Red Sea presents significant challenges and opportunities for Irish businesses. A geopolitical maelstrom with the power to disrupt the very currents of international commerce. This is not merely a distant skirmish but a clash that sends waves crashing onto the shores of Irish enterprise.
Economic Insights for 2024: Understanding the Trends
As we step into 2024, understanding the economic landscape becomes crucial for businesses and individuals alike. We look at the anticipated economic patterns affecting Ireland and the broader global market, based on insights from various expert analyses and forecast reports.
The Ripple Effects of Israel-Hamas Conflict on the European Economy
In the chessboard of global geopolitics, localized conflicts can have far-reaching economic impacts. The flare-up of hostilities between Israel and Hamas is no exception. As an observer of the unfolding events, it’s crucial to distil the complexities into a cogent analysis of potential economic repercussions, particularly for Europe’s economy.
Interest Rates and Their Implications for Economic Growth
In the world of economics and finance, interest rates are often viewed as the pulse that gauges the health of an economy. Their current structure and cost undoubtedly have a profound influence on economic growth. When we consider the landscape today, one can't help but ponder the long-term ramifications of persistent high interest rates, especially given the vast deficits that many nations carry on their ledgers.
Steering Through the Storm: Larry Culp’s Transformation of General Electric
In the tumultuous waters of corporate America, the story of General Electric (GE) under the leadership of Larry Culp stands out as a beacon of resilience, strategic vision, and operational excellence. Facing $140 billion of crushing debt and significant operational issues, Culp’s leadership in navigating these challenges offers invaluable lessons for all, especially those in the SME sector.
When Global Warming Hits Close to Home: A look into Its Economic Impacts
When you're sipping a drink by the beach, the last thing you expect is to be urgently evacuated. But that was our reality this summer in Rhodes. Our family's holiday was abruptly cut short, not because of some security threat or health scare, but due to the alarming realities of global warming. It was an eye-opener to witness how it directly impacted the lives of the locals.
Navigating the shifting sands of global interest rates
Recently there were a multitude of intriguing discussions surrounding the always-fascinating topic of interest rates. Lisbon, Portugal played host to a meeting of the minds, attracting an array of esteemed individuals from the European Central Banking circles, all gathered to dissect and predict the movement of interest rates.
Unpacking ireland's rise in the 2023 world competitiveness ranking
Ireland was named the third most competitive economy among the 64 measured in the 2023 World Competitiveness Ranking (WCR). It's an impressive feat, a testament to the tireless work of all individuals operating within Ireland's business ecosystem, and certainly a news item that deserved more attention than it received.
THE AI DILEMMA; WHERE DO WE GO FROM HERE?
As an innovation enthusiast who's always chasing the next wave of improvements to help our clients and business, I've been pondering this week about the thrilling world of generative AI. While I'm enthralled by the potential transformative impact this technology could have on our lives and businesses, I can't ignore the growing pangs that this nascent field is currently experiencing.
The wisdom & Insight of Sam Zell
Sam Zell passed away last week. For those not familiar with Sam, he was a legendary figure in the world of American investment. Sam was much more than just a successful businessman; he was a visionary and a thought leader who inspired many with his wisdom, approach to business, and his incredible ability to understand the intricacies of market dynamics.
What is going on with global interest rates?
Global interest rates are currently a hot topic as our main trading markets in the UK, Europe, and the USA have all seen rate increases in the past few weeks, with predictions of further hikes on the horizon. This strategy, employed by central banks, is causing significant instability in the financial sector.
What is the Bank Guarantee Scheme in different jurisdictions?
The bank deposit guarantee scheme is a financial safety net designed to protect depositors' funds in the event of a bank failure. It ensures that depositors have access to a certain amount of their deposits, even if the bank becomes insolvent or unable to meet its financial obligations. This protection is provided by government-backed agencies, which vary by country or region.
25 Years of NKC - Interview with Neville Kavanagh
We took some time out to sit down with NKC founder Neville Kavanagh. A veteran in the business world. Neville is a fountain of knowledge, having weathered the storms of entrepreneurship and navigated the ever-changing tides of not just our own industry, but those of our clients too.