A fellow Maltese, Edward Debono, coined the concept of lateral thinking in 1967. Now, ironically, this concept seems to be what our society lacks the most, due to our inability to respond hastily to certain local economic and social situations. Over the duration of the pandemic, Malta’s tourism industry and other sectors have suffered a […]
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Family businesses are historically one of the main pillars supporting the Country’s economy. These businesses are undergoing a period of heavy turmoil in view of challenges relative to succession planning, challenges relative to technological shifts inducing shifts in customer spending patterns, and the cultural shift the Country is facing relative to increased Tax Compliance requirements. […]
Risk management at the enterprise level is influenced by different pressures. Some are external – such as compliance or regulations – others internal as a result of unfortunate events that may occur within a company. More often than not, you will find that enterprise risk management in an organization is a separate function operating autonomously or used as a reactive mechanism to […]
Corporate strategy consultancy firm NOUV has had a “very active and positive” last eight months, doubling the size of its workforce and moving to new and larger offices despite the pandemic, it says. Additionally, the company recently also organised an event during which it regrouped its employees to update them on how the recent additions […]