Finance

Decision making

CIMA, the Chartered Institute of Management Accountants, is the world’s leading professional body of management accountants. CIMA trained management accountants help to lead the process of strategy formation in a business. However, strategy only points the way. Many decisions – large and small – must be made. Management is all...
People

Career development

Harrods needs employees who can face the challenges that its reputation and standards bring. Its challenge is to find (and retain) employees with the right mix of skills and abilities, who can be developed to become the managers of the future. The purpose of training and development at Harrods is...
Strategy

Entrepreneurship

The IET is a world leading professional organisation with the vision to share and advance knowledge, promoting science, engineering and technology across the world. Engineering skills are particularly effective when combined with enterprise. An entrepreneur is someone who is prepared to sacrifice their own time, effort and money to turn...
People

Diversity

In the UK we have a diverse society. There are people from many different backgrounds and cultures. There are also changes taking place in the number of men and women in the population. Tesco recognises that every person is different and will bring unique talents and experiences to a role....
People

Training and development

A recent report, Technical Matters, highlights the importance of high quality apprenticeship programmes. Apprenticeships offer an alternative route through the education system and help address skills shortages. The report argues that apprenticeships should last for three years and be as demanding as A-levels (BBC, 21st January 2013). Network Rail understands...
Strategy

Strategy

IMI is a global engineering group involving many different engineering specialities. It is recognised worldwide for its innovation, expertise and global service and sells engineering solutions in over 50 countries to match customer needs. IMI’s strengths of expertise and innovation differentiate it in the markets it serves. Innovation is important...
People

Training and development

Training is the process of providing employees with the necessary knowledge and skills to perform their tasks and roles competently. Aldi’s training and development programmes help ensure its employees have the skills and competencies that the business requires both now and in the future. Aldi has entry levels for apprentices,...
People

Communication

Blackpool council has introduced a pilot project to provide free breakfasts for all primary school pupils to stop children starting the day hungry. Similar projects across the UK found that free meals for all helped to close the gap in test results between rich and poor pupils (BBC, 8th January 2013)....
Finance

Budgets

One of the most useful financial tools is the budget. A budget is a business plan expressed in financial terms. A budget can be drawn up for sales, costs or investment spending. Zurich Insurance Group uses a variety of budgets to assess performance and forecast for the future. Many organisations...
Strategy

Growth

Choosing the right business strategy can give a company a competitive advantage over its rivals. A strategy is a plan to meet business objectives. These might be to increase profits or to grow the business. Bibby Line Group’s strategy focuses on growth. This has been achieved through both organic and...
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