Our topical discussion this week takes us on a walk along the high street where, it seems, businesses are still struggling to do battle with the online retail trend. Although House of Fraser and Poundland occupy different parts of the retail market it seems they share their troubles when it comes to the numbers. At the time of writing House of Fraser have confirmed closure of 30 stores and we are yet to learn of the fate of Poundland and whether anything can be done to rescue it from the jaws of the administrators.
We also look at events to see what is available for those thinking of setting up a business. Perhaps there’s something to inspire you here:
- Business Start Up Weekend in Chester
- The Northern Franchise Exhibition in Manchester
- The NACFB Commercial Finance Expo in Birmingham
Tracy looks into the future with Industry 4.0 and unearthed an event taking place in November which will help us to get a handle on what it’s all about.
Our reviews section this week looks at the ever increasing number of online business publications which aim to keep us all up to date on what’s going on in the world of business. Is there a specific publication that you always use to keep your knowledge up to date? If there is, let us know. In the meantime, we found a few that you might find interesting:
Our business guru this week is prolific author, MIT Graduate and Professor of Leadership, Emeritus (I had to look it up too!) at Harvard Business School, John Kotter. The master of change Kotter wrote Leading Change and formed the 8 step change model which is considered by many to be the definitive guide to managing change. He also co-wrote Our Iceberg is Melting.
Looking for quotes? Heather chose this one from Kotter to inspire us:
“Nothing undermines change more than the behaviour by important individuals that is inconsistent with the verbal communication.”
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