How To Make Innovative Ideas Happen

How To Make Innovative Ideas Happen

Posted by on Oct 29, 2013 in BUSINESS | 0 comments

Innovation and new ideas can stem from social media sites and the knowledge of the crowd can be a catalyst for change. Organizations and individuals can foster new things and ideas, identify service opportunities and market needs with the use of these new technologies as well.

Feedback, ideas and market needs

Social media channels allow organizations and individuals alike gather insights into the needs and wants of their customers or possible clients. Twitter, Facebook and other channels are examples of these virtual venues. Innovation can come from the innovative mass and not just from the innovate few that firms hire to get things done in a different fashion, and they need to set their egos aside if they want to innovate like no other firm in their industry. Advocacy programs can be used to get more ideas from customers and the way the want their future products created.

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5 Industry Sectors Booming

5 Industry Sectors Booming

Posted by on Oct 28, 2013 in FINANCE | 0 comments

Australia’s economy has witnessed exponential growth over the past decade, even as the rest of the world battled with recession. This growth is largely owed to a mining and resources boom that has been prevalent over that period. Actually, the boom has been occasioned by increased demand for Australia’s minerals and construction equipment. The last few years have seen unprecedented growth of infrastructure in many Asian economies, and particularly in China, prompting a seemingly insatiable demand for construction equipment. In fact, the price of iron ore exported by Australia has increased nine times from the year 2004.

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Is Help Finally at Hand for First Time Buyers?

Is Help Finally at Hand for First Time Buyers?

Posted by on Oct 11, 2013 in INVESTMENT | 0 comments

After a brief period following the housing boom which ended in 2007, property prices appear to be on the rise once again. The average house price in many parts of the UK is over £200,000 which makes home-ownership something people on modest incomes can only dream of. To try and remedy this, a scheme launched by the government could make buying a home a little less unaffordable.

Help to Buy, launched earlier this year by the coalition government, was designed to try and give both first-time buyers and property developers a much-needed boost. The scheme, part of which has already been rolled out, could be a success, but concerns voiced by the likes of Vince Cable might help to undermine how effective it becomes.

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Banks Brought to Question Over Credit Default Swaps

Banks Brought to Question Over Credit Default Swaps

Posted by on Oct 4, 2013 in BANKING | 0 comments

Fines from the European commission could be on the horizon for a number of big banks, including Barclays, Royal Bank of Scotland and HSBC. The Commission watchdog has alleged that the banks have been plotting together to stop new entrants from becoming involved in lucrative financial contracts.

Accused of infringing EU antitrust rules, 13 banks including RBS and HSBC have been sent statements of objections due to their anti-competitive agreements. The banks have been accused of attempting to prevent the entrance of exchanges into credit derivatives business between the years of 2006 and 2009.

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Anti-Money Laundering Rules Crack Down on Banks

Anti-Money Laundering Rules Crack Down on Banks

Posted by on Sep 10, 2013 in BANKING | 0 comments

According to Tracey McDermott, head of enforcement at the Financial Conduit Authority, of the 17 banks which were recently chosen for a review, half were not adequately protected against becoming a channel for money laundered by criminals and terrorists.

Worryingly, four banks which were guilty of the poor controls were major lenders in the UK. That’s four out of the five big banks of the country.

So why are UK banks so bad at stopping the abuse of the financial system by criminals?

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5 Ways Promoting Employee Health Can Benefit Your Business

5 Ways Promoting Employee Health Can Benefit Your Business

Posted by on Sep 4, 2013 in BUSINESS | 0 comments

When running a business, you know that sometimes keeping organized and on task is a bit like watching a bit of mercury on a piece of glass — every time it seems to be going in a straight line, it changes course. So when you’re maintaining a workplace that thrives on employee performance, the last thing you want to do is not have your employees work in harmony.

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