Insights

Optimism among global mid-market business leaders rose from 59% to 67% in the first half of this year, according to the latest data from Grant Thornton’s International Business Report (IBR).

Mistakes in data entry lead to inaccurate employee data capture, payroll errors, excessive administrative work and potential compliance breaches, and could affect offerings and benefits offered to employees. In our experience, upwards of 70% of payroll data issues stem from recruiting and onboarding entry.

Expanding into new international markets is a challenging process and having full knowledge of the chosen market is essential. In Unlock Brazil 2020, Grant Thornton presents scenarios and assists the journey to be taken by foreign companies interested in establishing themselves in Brazilian territory in accordance with government and tax authorities.

Learn more about this Acqui-Hire phenomenon, which refers to acquisitions focused on hiring the company's team (hiring)

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.

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.”

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

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.

Opening the door to diverse talent

Covid-19's impact on middle-market optimism is revealed.

After a first semester that was greatly impacted by the economic uncertainties caused by the pandemic, the Brazilian business community demonstrated in the International Business Repor (IBR), in the second semester, that it was more optimistic about the future of business.