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Carillion Collapse Shows the Danger for One-Client SMEs

The collapse of Carillion, the UK’s second largest construction company, has exposed the enormous risk SMEs take by placing too much reliance on one major customer. The construction company, which employed 43,000 people worldwide and had 450 key public-sector infrastructure projects on its books, went into compulsory liquidation on January 15th with £1.5b debts. That […]

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What can teach you about scaling up

Global curator of Big Data: provides business intelligence to the Entertainment Sector. Specialising and delivering accurate real time analytical data to the gaming and movie industries; by gathering aggregating communication information, monitoring digital retailers and overall calculating industry performance benchmarks, provides powerful insights into the data analytics which drive success in today’s entertainment […]

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GDPR Action Plan: 6 months to go!

Like most of us you have probably been bombarded by emails and offers about GDPR. But the material you receive is rarely any real use. So our colleagues at Freeman Clarke have produced a GDPR Board Action Plan which is a simple step by step guide of how to approach the issue. One of the benefits of working with The FD Centre is […]

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The Hazards of Scaling Up Your Business (and How to Avoid Them)

Imagine this: the co-founder of a multi-million-dollar HR management software company with almost 500 employees likes to micromanage to the point he and not the HR department has sole approval over employee benefits. Likewise, when any of those hundreds of employees requests time off for holidays, it’s he and not the HR department that says […]

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Confessions of Part-Time, Portfolio FDs

Leaving lucrative and secure C-suite positions mid-career to build a part-time portfolio might seem crazy but many of those who’ve done it say it is one of the sanest decisions they’ve made. Take Michael Citroen, who at 58 years old is a 14-year veteran of the part-time portfolio job world. The former Group Finance Director […]

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How to Overcome the Problem of Late Payments

When your company is facing yet another cash flow crisis caused by late paying customers, it can be hard to believe there might be a solution. But there are steps you can take to overcome the problems delinquent payments cause and to avoid them happening again. Late payments are something that hundreds of thousands of […]

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A True Toy Story: LEGO’s Incredible Turnaround Tale

The story of how LEGO, the family-owned toy company went from teetering on the brink of disaster and haemorrhaging cash to delivering the highest revenues in its entire history and being voted the 2017 Most Powerful Brand in the World makes for a truly inspirational tale…   Fourteen years ago, LEGO’s Head of Strategic Development […]

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If You Want To Succeed, You Need To Embrace The ‘F’ Word

What do Sir James Dyson, the Mercedes F1 team, Pixar, Google and the airline industry have in common? They’re hugely successful, yes, but the thing that links them is they never shy away from the ‘F’ word—Failure. Instead, they face and learn from their mistakes, errors and mishaps. So says Matthew Syed, award-winning Times journalist […]


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