Business leaders have still not incorporated the internet into their long-term business plans despite radical changes in consumer trends, according to a new report. Businesses are not evolving with technological changes, according to research conducted by the Cranfield School of Management and Microsoft. The Business Barometer findings show that 64% of businesses are still not using e-commerce in sales plans. Neil Holloway, managing director of Microsoft UK, said: ‘E-commerce is not a fad. It is a fundamental part of business evolution. So many websites are just online brochures – a real e-commerce solution allows customers to buy and sell products and services just as they would in a traditional supply chain.’ The new research could weigh heavily on prime minister Tony Blair’s plans to make the UK the leader in e-commerce. The Business Barometer criticised CEOs for not taking the lead in implementing new e-commerce strategies. Murray Steele, head of strategic management group at Cranfield School, said: ‘Although senior executives see the need for e-commerce, they only appear to see it as an add-on channel to market. They do not propose to change the way they do business, or how they conduct their marketing in support of e-commerce.’
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.