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British Chamber of Commerce (BCC) Forecast
The latest British Chambers of Commerce (BCC) forecast makes interesting reading as Brexit uncertainty continues to impact confidence levels and has resulted in a downgraded growth forecast of just 1.2% in 2019 (down from 1.3%), which if realised would be the weakest growth in a decade. The BCC has also downgraded its growth forecast for 2020 to 1.3% (down from 1.5%) and published its first forecast for 2021 of 1.4% growth. Business investment is also forecast to decline by 1.0% in 2019, which would be the weakest outturn since the financial crisis in 2009. Ongoing uncertainty over the UK’s future relationship with the EU continues to impact investment intentions. Average…
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The Fourth Industrial Revolution
We’re now well underway to our fourth industrial revolution based on a foundation of technological innovation and convergence that will fundamentally alter the way we live, work, and relate to one another. In terms of scale, scope, and complexity this transformation will be the most significant and will dwarf the previous three! The First Industrial Revolution was based on water and steam power to power global production and the Second was based on electricity to scale our mass production capabilities. The Third introduced electronics and information technology to automate and introduce intelligence into production. The Fourth Industrial Revolution is being built on a foundation of a digital revolution that has…
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Want to sell far more products and services?
Steve Jobs, former CEO of Apple, is often quoted as saying he didn’t listen to customers. While he may have said that early in his career, he later admitted that it had been a mistake, and that his greatest successes happened when he listened to his customers. “You’ve got to start with the customer experience and work backwards to the technology,” he said. “What incredible benefits can we give to the customer?” Perhaps that’s why Apple has sold more than a billion iPhones in the past decade, one of the single best-selling tech products of all time. It is also well documented that CEO Jeff Bezos is incredibly customer focused…
