Jayamali Nawarathne 
How outsourcing changes businesses? One of the main reasons for outsourcing is to save money. But not only outsourcing is cheaper, it also removes some of the complexities and costs of employment. Legal, recruitment, compliance, taxation, healthcare and office management, are a few of these complexities. Businesses can also avoid expenses associated with overhead, equipment, … Read more
What is mental health? The Oxford Dictionary defines it as “a person’s condition with regard to their psychological and emotional well-being.” Looking back at the past five years how mental health was approached at the workplace, is very much different to how it is today. Though many employers understood the importance of it, the COVID-19 … Read more
For small businesses, progressing past the startup stage doesn’t mean that growth will come more easily. Many small business owners get this fact mistaken. Scaling up is often even harder. Some businesses focus only on the marketing and sales side of scaling, and they forget to make sure their operations can keep up with demand. … Read more
Accounts Payable (AP) is an important figure in a company’s balance sheet. In the present world of cutting-edge competition with essential information at your fingertips, accounts payable management is among the heftiest tasks for businesses. If AP increases over a prior period, that means the company is buying more goods or services on credit, rather … Read more
Employees are more likely to be able to work from anywhere and at any time thanks to flexible work arrangements. It is generally accepted that individuals perceive work-life balance as an ideal situation where work and non-work activities are compatible with one another and contribute to the development of the individual by taking into consideration … Read more
Describing it as one of the “technologies of tomorrow”, the government said AI contributed £3.7bn ($5.6bn) to the UK economy last year. The UK Science and Technology Framework sets out the government’s strategic vision to make the UK a science and technology superpower by 2030. It identifies AI as one of five critical technologies and … Read more
In modern-day society, it is vital that both parents work to gain less financial stress, better health care, and even more opportunities for family vacations. The financial stability of a family means the needs of the household are consistently met. However, life is not always a bed of roses, especially when you are raising children. … Read more
In the dynamic world of business, the only constant is change. Business environments constantly evolve, and changes and disruptions are unprecedented. Staying relevant in this environment can be challenging, and knowing your customers and prospects is essential. Market trends shift, new competitors emerge, and consumer behaviour evolves. Staying relevant during change is an existential task.Here … Read more
Corporate responsibility (CR) is about the impact an organisation makes on society, the environment, and the economy. In recent years there has been significant discussion in the business, academic, and popular press about “corporate sustainability.” The business mindset has shifted. Governments, societies, and stakeholders expect corporations to engage in business practices that are good for … Read more
The term toxic refers to something that is harmful or poisonous, which can cause serious harm or disruption due to its toxicity. A toxic work environment fosters unethical practices and management styles, resulting in unhealthy habits, bullying, and conflicts between employees as a result of an unethical work environment. Among the key factors that contribute … Read more