Insights

The new Decree regulating the Brazilian Anti-Corruption Law, which provides for administrative and civil liability of legal entities for the practice of acts against the public administration, national or foreign, enters into force.

Technology can help mid-market firms to offset the damage caused by soaring inflation. But how do companies globally ensure they get the best return on investment? Here, we explore the opportunities and risks for businesses in the year ahead.

With the growing focus on ESG among corporate stakeholders – including expectations for diverse workforces and an inclusive working culture – organisations need to ensure the ‘G’ in ESG includes diversity and inclusion measurement. Tracking metrics including gender parity will enable businesses to set appropriate goals, manage risk, design effective initiatives, demonstrate D&I successes to stakeholders, and engage their workforces – resulting in better business outcomes.

Inflation has taken hold globally and won’t loosen its grip anytime soon. International mid-market companies need to take action to address it now. To help, Grant Thornton has developed a list of essential actions that we think companies should take now. These are set out below and in an accompanying video series, and are used to assess the current priorities and progress of mid-market companies.

To take advantage of the opportunities, companies that are preparing to start their operations in the Brazilian market need to plan their operations and optimize backoffice routines.

As large organizations continue to go public with their workforce approaches, those that haven’t made long-term strategy decisions surrounding their workforce policy will soon need to do so. The result is many business leaders ask us if there is a consensus when it comes to designing an optimal hybrid/remote workforce strategy. The only consensus is there is no consensus.

How do you turn data into insight? Carolyn Sansom explores the six key skills you need to draw insights from data analysis to drive better decision making.

Progress towards female equality in senior leadership is accelerated when men act as allies. Informed by Grant Thornton’s research into the global mid-market, this article reveals what being a male ally looks like, and outlines the practical steps businesses can take to drive action and remove the organisational and cultural barriers to male allyship.

When spending money to attract customers, business leaders must first prioritize who they are targeting – new customers or familiar faces. The conventional wisdom in most consumer businesses, especially the restaurant, hospitality and retail sectors, is that 80% of a business’s sales comes from the top 20% of its customers – the “80/20 rule.”

The European Commission has proposed a Corporate Sustainability Reporting Directive (CSRD) and as part of this will adopt EU Sustainability Reporting Standards (ESRS). The European Financial Reporting Advisory Group (EFRAG) has been asked to provide technical advice to the European Commission in the form of fully drafted sustainability reporting standards.

From reporting periods starting 2024 onwards, the Corporate Sustainability Reporting Directive (CSRD) will require all large companies to report on sustainability policy and performance.

Clarity of purpose is obtained by simplifying decisions aligned to the organizational mission and by relentlessly focusing on delivering customer-centric experiences.

Before the pandemic, international business was mostly done through physical interactions – with people meeting in person to agree sales or receive a service. That changed with COVID-19. Grant Thornton’s research last year established that most international interactions currently take place virtually. It’s an important shift, and to better understand the implications of this new virtual world we spoke to Elaine Daly, global head of business consulting at Grant Thornton International Ltd.

Our future economic health, according to businesses right at its heart

Remote or hybrid working models are the new norm, say many employers — and research shows most employees also prefer to work in this way. But, these opportunities must be balanced with the potential risks. Dominic Merlin-Cone looks at the key issues.

Sustainability actions have become a business imperative. Bloomberg projections indicate that global ESG assets by 2025 will account for more than a third of all projected assets under management, accounting for $53 trillion of the $140.5 trillion total.