Mushroombiz Insights — Economy

In this article, we look at ways you can get noticed and attract talented staff amid fierce competition and a shortage of candidates. I was sitting in a recent Greater Birmingham Chamber of Commerce winter presentation and I was shocked at just how bad the labour shortages are right now. In Greater Birmingham alone, 57% of businesses have tried to recruit new staff in the last quarter, with 62% reporting problems getting people through the door. COVID-19 has awoken many to the merits of enjoying a better work/life balance, avoiding burn-out and the desire to be more discerning in their...

When managing risks, you need to set out Control Statements i.e. what you are going to do to minimise the likelihood of an adverse incident occurring and – if it does – minimising its impact. A clear understanding of your risks and achievable Control Statements is often a major competitive advantage for any company. To do this you need to understand the different types of risk management options you have available.