A tendency to not challenge the status quo can result in ‘groupthink’. This can be a serious issue in organisations, especially if decision-makers consistently share the same opinions and are unprepared to challenge. Encouraging diversity may be the answer.
Retaining Good Employees
Recruitment can be costly and time-consuming. This article considers the benefits of retaining good employees and explores how organisations can successfully encourage staff retention.
Your Customers Expect More Than The Present
The mindset of a customer is more forward-thinking than ever. Is it enough for a business to just deliver a service well, or do they also need to plan ahead to avoid future problems and respond to changes in the market? Tom Wood considers why getting ‘stuck in the present’ may be a risk for businesses.
Leadership and Organisational Culture
The FCA recently held a live panel discussion concerning the role of leaders in transforming culture in the financial services sector. With SM&CR on the horizon, improving conduct and culture is a priority for the regulator.
Increase in Cyber Attacks on UK Firms
Research has indicated that there has been a sharp increase in UK firms reporting cyber attacks in 2019, with many businesses “incorrectly” assuming that they are not at risk. Is your firm prepared to deal with the threat of cyber-crime?
FCA Publishes Decision Notices Against Directors for Acting Without Integrity
The FCA has published Decision Notices against three firms and five individuals for acting without integrity.
HMRC in ‘Significant Breach’ of Data Protection Rules
HM Revenue and Customs (HMRC) has been found to be in ‘significant breach’ of data protection law by the Information Commissioner’s Office (ICO) and must now delete some five million voice recordings.
Meet with RWA at BIBA 2019
The RWA team will be attending the BIBA 2019 conference in Manchester on 15 and 16 May. Please get in touch if you'd like to meet with us. We hope to see you there!
Leadership in Times of Change
Organisations need to adapt to survive so a good leader needs to manage change effectively. SM&CR is an example of a regulatory change that leaders will need to be prepared for. Nathan Matthews looks at the importance of strong leadership in times of change.