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01823617980 a c c ount s @pr e pa r e dme di a . c o. uk www. pr epa r edmedi a . c o. uk
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Rugby UK Smal lBusi nessar e“ A Legi onof Fundr ai ser s”accor di ngt onew r epor t Smal l Bus i nes si nt heUKc ons t i t ut e“ al egi onoff undr ai s er s ”ac c or di ngt ot he l at es tr es ear c hbyBus i nes s es For Sal e. c om whi c hf ound72% ofs mal l bus i nes si n t heUKdonat ei ns omewayt ooneormor egoodc aus es . Donat i onsv ar i edf r om t r adi t i onal f undr ai s i ng,al l owi ngs t af ft i meof ft ol ends uppor tandgi v i nggoodsands er v i c espr obono.Mos ts mal l bus i nes s ess ur v ey ed s uppor t edmul t i pl ec har i t i esandnotf orpr of i tor gani s at i ons ,wi t hones mal l bus i nes sal oner ai s i ngani mpr es s i v e£28Kl as ty ear . Ruf usBaz l ey ,Di r ec t orofMar k et i ngatBus i nes s es For Sal e. c om s ay s ,“ Thi ss ur v ey r eal l ydemons t r at eshowc ol l ec t i v el yUK’ ss mal l bus i nes sc ommuni t yf or msa l egi onoff undr ai s er s .Wek nowhowi mpor t antt heUK' ss mal l bus i nes sar ef ort he ec onomy ,nowi ti st i met oac k nowl edgehowv i t al t heyar ef ort hec ommuni t y . ” “ Onav er age,al ongs i denonmonet ar ygi f t s ,t hes mal l bus i nes s ess ur v ey edr ai s ed £3, 436i n2016f orgoodc aus esandi ft heyar et r ul yr epr es ent at i v eof72% oft he 5. 4mi l l i ons mal l bus i nes s esi nt heUKt hatamount st oani nc r edi bl edonat i onnat i onal l y ” Thes mal l bus i nes s ess ur v ey eds uppor t edawi dev ar i et yofgoodc aus esbut ov er al l t hei rhear t swer ef ort hos ec l os ert ohome,wi t ht hes mal l i ndependent c har i t i esands oc i et i est hatr ar el yr eac ht hel i mel i ghtr ec ei v i ngt hemos tdonat i ons . Al ongs i det r adi t i onal f undr ai s i ngr es pondent sr epor t edor gani s i ngf es t i v al s ,s t or i ng t oy sandr unni ngf r eewor k s hopsi ns uppor tofawi der angeofnotf orpr of i tor gani s at i ons . Mos ts mal l bus i nes s esr epor t edi nt er nal benef i t st oowi t hahi ghpr opor t i ondet ai l i nghows t af fmor al eandmot i v at i onbenef i t t edf r om t hei rc har i t abl ewor kwi t honl y af r ac t i ons ay i ngt hebus i nes s ’ bot t om l i newasal s oabenef i c i ar y . The2018Smal l Bus i nes sBi gHear tAwar dsopenf orent r i esonFr i day29Sept ember . Rel eas ef r om Or c hi dPR
Wor cest er shi r e
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Rugby
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St r i ct l ySuccessI si nTheSmi l e •Whyt al entdoes n’ tnec es s ar i l ygetv ot esonSt r i c t l yComeDanc i ng •T al ents howv ot er sl etaes t het i c si nf l uenc et hei rdec i s i on •Pr edi c t i onf or2017Fi nal i s t s As mi l ei sof t endes c r i bedast hegr eat es ti nf l uenc erandi ti sno s ec r ett hatabr i ghtwhi t es mi l ei sTV’ swi nni ngf or mul a. Wi t hSt r i c t l yc apt i v at i ngBr i t ai nonc eagai n,Whi t eGl ol ookatwhat i nf l uenc esv ot er st opi c kt hei rwi nner . Whi l ev ot er smaybeundert hei mpr es s i ont hatt hei rc hoi c ei s bas edonwhohast hef anc i es tf oot wor k ,t hewhi t et eet handgl owi ngt anpl ayas t r ongpar t . Ac c or di ngt ops y c hol ogi s tJ ohnAnt onak i s ,ac ont es t ant s ’ appear anc eheav i l yi nf l uenc esv ot er s .Thehumanmi ndt endst os i mpl i f y t hedec i s i onmak i ngpr oc es sbyr el y i ngonqui c kandeas ys t r at egi es .Vot er st ak ement al s hor t c ut st oar r i v eatt hei rf i nal dec i s i ons . Whent henat i onsf av our i t ef i nal i s t sf l as ht hei rs mi l est oanaudi enc eof10mi l l i on,t her es pons ei spos i t i v eandwi t hbi gs mi l es hav i ngapr ov enl i nkt os uc c es s ,i ti snos ur pr i s eal l 14pr ev i ous wi nner shav ewhi t es mi l es . Fr om Nat as haKapl i ns k yi ns er i esone,t hr ought oAbbeyCl anc y andAl es haDi x oni ns er i es1 1and12t hei rs mi l esar es t andout wi nner s .Bas edont hi s ,Mol l yKi ng,As t onMer r y gol dandAl ex andr aBur k ehav es t r ongc hanc esofwal t z i ngt hei rwayt ot hef i nal wi t ht hei rs mi l es .
J amesBuc hanon,Whi t eGl o’ sPr oduc tDev el opmentmanageri s f ami l i arwi t ht hi st r end“ I tc omesasnos ur pr i s et hatt hewi nner sof t hel as t14s er i esofs t r i c t l yhav eper f ec t l ywhi t et eet h.Wehav e s eennumer ousoc c as i onsofpeopl et r y i ngt oemul at et hi sl ookas t heyk nowf ul l wel l hows howi ngof fawhi t es mi l eboos t sc onf i denc eandpos i t i v i t y . ” Bot hEdBal l sandAnnWi ddec ombehav epr ov eni npr ev i ous s er i est hepowerofper s onal i t yonl ygoess of ar ,wi t haes t het i c f eat ur esev ent ual l yt ak i ngt hel eadt os ec ur eas poti nt hef i nal . Buc hanonex pl ai nshowt ogett hel ookofSt r i c t l y ’ swi nner s“ The s t ar soft hes et al ents howsof t enac hi ev et hei rgl amor ousl ook s t hr oughex pens i v et r eat ment swhi c har enotr eal i s t i cf ormos t .I woul denc our aget hos ewhoar eaf t ert hes amel ookt oc ons i der pr oduc t swi t ht hes amei ngr edi ent st hepr of es s i onal sus eont he s t ar s .Ther ear epr oduc t swi del yav ai l abl ewhi c hc anpr ov i det he s amer es ul t sandev eni nc or por at i ngt her i ghtwhi t eni ngt oot hpas t ec angoal ongwayt omak i ngt heSt r i c t l yl ookac hi ev abl e. ” Youc anf i ndoutmor eaboutl ook i ngaf t ery ourt eet hat[ ht t p: / / www. whi t egl o. c om/ ]
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PoorTi meManagement ,AnObst acl eToBr i t ai n’ sEconomy Thebi gges tobs t ac l et ot hegr owt hofBr i t ai n’ sbus i nes sent er pr i s esi spoort i me management ,newr es ear c hhasr ev eal ed.Ar ec ents t udyc ommi s s i onedbyonl i ne pr i nt i ngc ompany ,i ns t ant pr i nt ,whi c hpol l edt het i mek eepi nghabi t sof500SME bus i nes sowner s ,hasr ev eal eds ubopt i mal t i memanagementasamaj orbar r i er t obus i nes sgr owt h.I nanav er agewor k i ngweekat y pi c al bus i nes sownerf i nds j us t12hour st opur s ueac t i v i t i esdedi c at edt ogr owi ngt hei rent er pr i s e. Onei nt enhasl es st hananhouraweekear mar k edf orbus i nes sgr owt h,whi l e ei ghtperc ents ayt heys t r uggl et of i ndanyt i meatal l .Cof ounderofi ns t ant pr i nt , J amesKi ns el l a,whoc ommi s s i onedt her es ear c h,s ai d: “ Weal l k nowhowi tf eel st of i ghtt hec l oc k .Ther ear eonl ys omanyhour si nt he dayt ogetev er y t hi ngdoneandSMEsar ef eel i ngt hes queez e. " “ I ti si nt er es t i ngt os eef r om t her es ear c ht hat ,whi l ef ac t or ss uc hasadmi nand s t af fmanagementhav eani mpac tonpr oduc t i v i t y ,i ti st hemanagementofour hour s ,mi nut esands ec ondst hathav et hebi gges tef f ec tont her unni ngofas uc c es s f ul ent er pr i s e. ” At hi r dofbus i nes sowner spol l edar eunabl et of i ndt het i met heyneedt or unt hei r bus i nes sef f ec t i v el y ,and53perc entf eel t hei rmi nut esebbi ngawayunderwor k admi nandr epor twr i t i ng.Thi r t yt hr eeperc entc oul dus eahandmanagi ngt hei r f i nanc est os av et i me,whi l e22perc entf eel t hatr es pondi ngt oc us t omers er v i c e c onc er nsc oul dbes t r eaml i ned.Andwhi l et heav er agebus i nes sownerwor k sa 38hourweek ,t enhour soft hi st i mei sdedi c at edt oc ompl et i ngt as k swhi c ht hey c ons i deradi s t r ac t i onf r om ac t i v i t i est hatenc our agebus i nes sgr owt h. Aquar t erofbus i nes sowner sbel i ev et heyc oul di mpr ov et heef f i c i enc yoft hei r SMEbyhi r i ngmor es t af f ,whi l e1i n10wantt oaut omat et hei nv oi c i ngpr oc es st o c utdownonf i nanc i al management .Wheni tc omest ot hebal anc ebet weenol d andnew,35perc entofbus i nes sowner sf av ourt hepr i or i t i esoft hei rex i s t i ngc us t omer s ,c ompar edt ot he23perc entwhopr ef ert os eekoutnewoppor t uni t i es . J us t16perc ents ai dt hati nc r eas i ngt ur nov erwast hemos ti mpor t antas pec tof t hei rbus i nes s ,y etov erhal fmeas ur et hes uc c es soft hei rbus i nes sbas edont hei r gr os spr of i t .
Whenas k edt oc ons i dert hei rmos ti mpor t antbus i nes sas s et ,onei nt woc ons i der edagoodr eput at i oni nt hei ndus t r yav i t al c omponentofr unni ngas uc c es s f ul SME.Thi sc ompar est o1i n10bus i nes sowner swhopr i or i t i s edt hei rpr oduc t , and16perc entwhoputt hei rempl oy eesont op. For t yperc enthav ei nc r eas edt hei rbus i nes sgr owt hbyex pandi ngt hei rt ar get mar k et ,whi l eat hi r ddi v er s i f i edt hei rpr oduc tors er v i c e.Onei nt wobus i nes s owner sf eel mos tpr oduc t i v ebef or e12pm,whi l ej us tov eraquar t eroper at eat t hei rbes tbet weenmi ddayandt he3pm mi daf t er noons l ump. As t udyi nt owor kef f ec t i v enes shasal s or ev eal edt hek eyt oapr oduc t i v es es s i on:mus i c ,c af f ei neandc onc ent r at i on.For t ys i xperc entoft hos es ur v ey ed hav eat eaorc of f eeont hegot opowert hem t hr ought hei rdai l yt as k s ,anda t hi r dputont hei rf av our i t epl ay l i s tt ogett hem i nt hez one. Andi fy ouhav eawor k s l ogaheadofy ou,s ol i t ar yc onf i nementi st hewayt ogo.Twent ys ev enperc ent ofbus i nes sowner shi tt hei rs t r i dewhenwor k i ngal one,c ompar edt ot hes ev ent eenperc entwhooper at ebes taspar tofat eam. Cof ounderofi ns t ant pr i nt ,J amesKi ns el l a,whoc ommi s s i onedt her es ear c h, added: “ AnSMEi sac ompos i t eofc ompl exmov i ngpar t sands y s t ems ,ands omet i mesi t c anbedi f f i c ul tt omak es ens eofi tal l . " “ Ev er ybus i nes si suni que,buti mpr ov i ngt i memanagementandopt i mi s i ngwor k i nghour sc anonl ybr i ngpos i t i v eout c omest ot heUK’ sSMEs . ”
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Bi r mi ngham Al t hough50% ofqual i f yi ngor gani sat i onsf ai lt ocompl ywi t hModer nSl averyActby t hei rdeadl i ne,t hel egi sl at i oni sal r eadyhavi ngasi gni f i cantgl obali mpact . Pr es ent i ngt hei rf i ndi ngsatWes t mi ns t ert hi sweek ,al ongwi t hpr ogr es supdat esf r om ot heror gani s at i ons , t hewor l d’ sonl yOpenDat aant i s l av er yr egi s t er * *TI SCr epor t . or ghi ghl i ght ed‘ t heGood,t heBadandt he Ugl y ’ ofc ompl i anc ewi t ht heModer nSl av er yAc ts ec t i on54*( t hi ss ec t i ondeal swi t ht r ans par enc yi n s uppl yc hai ns ) .
TheTI SCr epor t . or gr egi s t eri st hel ar ges tr epos i t or yofMSAc ompl i anc es t at usi nf or mat i onandc ont ai ns l i v edat ac ov er i ngov er80Kor gani s at i onswi t hs t at ement sgl obal l y .Oft hes e26, 446ar eUKr egi s t er ed, manyofwhi c har enotr equi r edt oc ompl yundert hel egi s l at i onc r i t er i a.
TheTI SCr epor tt eam wer eabl et opr ov i deani ndept hs naps hotoft hepr ogr es si nt hi sf i r s ty earofoper at i on,us i ngt hei rdy nami cdat as y s t em t ogener at eaf ul l br eak downofc ompl i anc ebys ec t or * * * ,and,i n addi t i onder i v eal i s tofk nownov er dueor gani s at i ons ,whi c hhasbeenmadeav ai l abl et oUKGov er nment Depar t ment s .
Al l 80kor gani s at i onsar ec ov er edbys t at ement sv i a4915i ndi v i dual s epar at es t at ementdoc ument ss i nc e ‘ gr oups ’ of t ens i mpl yf i l eonedoc umentt oc ov eral l t hei rs ubs i di ar i es .Thi smeanst hatmanyor gani s at i ons whoar enotr equi r edt oc ompl ybec aus et heyf al l bel owt heAc t ss pec i f i edt ur nov ert hr es hol dar enev er t hel es sc ov er edbys t at ement s .I nt hi swayt heModer nSl av er yac thasal r eadyhadaf ar r eac hi nggl obal i mpac twi t hf ourt i mesasmanyor gani s at i onsasar er equi r edt oi nl awt ak i ngs t epst oex ami neal l t hei r s uppl yc hai nsi nor dert opr oduc es t at ement s .
Ov er al l c ompl i anc ewi t ht hel egi s l at i ont odat e I nt er msofc ompl i anc ewi t ht heAc tt heov er al l f i ndi ngi st hathal f( 50. 6%)oft he2867or gani s at i onswho ar enowduet ohav epubl i s hedhav enotdones o,i ns pi t eofhav i nghadov er12mont hst opr epar e.Onl y 15% ( 2867)oft hos ewhomeett heMSAr equi r ementc r i t er i aar eac t ual l yduet ohav epubl i s hedt hei r s t at ement sbyt hi spoi nts i nc et hel egi s l at i onr equi r est hi st obedonewi t hi n12mont hsf r om t hei ri ndi v i dual y ear enddat e* .Oft hos edueat ot al of1418ar ei nc ompl i anc eandc ov er edbypubl i s heds t at ement s whi l s t1449ar eov er due.Conv er s el ys ome3860qual i f y i ngor gani s at i onswhower enoty etdueundert he l egi s l at i onhav epubl i s hedaheadoft i mebr i ngi ngt het ot al numberi nc ompl i anc et o5278. I nt heUKat ot al of18, 945or gani s at i onshav ebeeni dent i f i edbyt heTI SCt eam ass ubj ec tt ot hepr ov i s i onsoft heMSAl egi s l at i on,namel ywi t hov er£36M t ur nov er *ofwhi c h27% ar ei nc ompl i anc eaf i gur e boos t edc ons i der abl ybyt heex t r a3860or gani s at i onswhohav ef i l edi nadv anc eoft hei rr equi r eddeadl i ne.Thenumber sbot hi nandoutofc ompl i anc ear ei nc r eas i ngr api dl yatt hi ss t agewi t ht her emai ni ng 13, 667r equi r edt ohav epubl i s hedi nt henex ts i xmont hs ,byApr i l 2018. “ Theov er al l numberofov er duenonc ompl i er si sal i t t l edi s appoi nt i ngaf t eral l t hehar dwor kdonebys o manyt oc ommuni c at et heMSAr equi r ement sandai ms .I ts howsweal l hav emor ewor kt odoi nhel pi ng or gani s at i onst ounder s t andt hei robl i gat i ons ,es pec i al l yt hos es ec t or swhoar enotc onf i denti nc ompl y i ng”s ay sJ ay aChak r abar t i CEO ofTI SCr epor t .Sheadds“ Onourwebs i t ehav ec r eat edas i mpl et ous e s t at ementbui l dert ool wi t hpr ompt st ohel pt hos ewhoar enotqui t es ur ewhatt odos ot heyc anc r eat e s t at ement swi t hc onf i denc e.I naddi t i onCI PSal s ohav eat er r i f i cs el ec t i onofadv i c eandgui danc ef r eeon t hei rwebs i t e” . J ay ac ont i nues“ Ont heot herhand,manyc ompani eswhower enotaf f ec t edbyt heAc tast heydonot meett het ur nov erc r i t er i a,s uc hasBr i s t ol Ener gy ,hav egoneaheadany wayf i l i ngs t at ement sev en t hought heydon' thav et os i mpl ybec aus et heyar ec ommi t t edt oet hi c al pr ac t i c es .I ti sr eal l yhear t eni ngt o s eet hes e‘ goodac t or s ’ c omi ngouti nt hedat aands howst hatpeopl er eal l ywantt ohel pel i mi nat es l av er yandt ak eac t i onwhent heyhav eamet hodt odos o” Fur t heref f ec t sofMCAout s i det her equi r ementf orc ompl i anc e
Ful l f i gur esc anbev i ewedher e ht t ps : / / t i s c r epor t . or g/ br eak downt i s c dat a19t hs ept 2017 Compl i anc edat aanal y s i sbys ec t or( f orqual i f y i ngor gani s at i ons ) I nadr i l l downc ompar i s onoft hec ompl i anc ebys ec t or * * *c ons i der abl edi f f er enc eswer er ev eal edwi t ht he t opper f or mi ngs ec t orac hi ev i ngmor et hant hr eet i mest hec ompl i anc eoft hel owes tper f or merov ert he s amet i meper i od.Thi sdi f f er enc eper hapsr ef l ec t seac hs ec t or ' sawar enes sandunder s t andi ngoft hei rr es pons i bi l i t i esunderModer nSl av er yAc tl egi s l at i on,andc er t ai nl yi ndi c at eswher eawar enes sc ampai gns woul dpr oduc t i v el ybet ar get ed. TheGood Thebes tc ompl y i ngs ec t or swer e,per hapss ur pr i s i ngl y ,t heAc c ommodat i onandFoodSer v i c es ec t orand t heAgr i c ul t ur e,For es t r yandFi s hi ngs ec t orwher e70% and66% ofor gani s at i onsmeet i ngt hei rr equi r ed deadl i nef orpubl i c at i on. TheBad TheEduc at i ons ec t orwass i gni f i c ant l yt hewor s twi t hl es st hanaquar t er( 23%)i nc ompl i anc eandt hev as t maj or i t yf ai l i ngt opubl i s hbyt hei rdeadl i ne.Thi sbac k r unnerwasf ol l owedbyt her el at i v el ys mal l Publ i cAdmi n/ Def enc e/ Compul s or ySoc i al Sec ur i t ys ec t orandReal Es t at es ec t orr unni ngatonl y30and29% r es pec t i v el y . andt heugl y …. . . Theev al uat i onhas ,al s or ev eal edt hatt her ei sas mal l buts i gni f i c ant l yweal t hyendoft hec ompanys pec t r um whodon’ thav ewebs i t esorphonenumber spubl i c l yav ai l abl eandy ouc anonl yr eal l yc ont ac tt hei raudi t or s( whoar el i s t edi nCompani esHous e) .Theaudi t or swe’ v et al k edt ohav eas s ur edust hatwhi l s tt hey don’ tdoany t hi ngdi r ec t l yonac t ual MSAc ompl i anc e,i ti sont hei rc hec k l i s tt ogot hr oughwi t ht hei rc l i ent s . I ft hat ’ st hec as et henwehav eunc ov er edagr oupofc ompani eswhohav emadec ons c i ousdec i s i onst o del i ber at el ynotc ompl ybec aus et heydonotper c ei v ec ons equenc esgr eatenought oc ompel t hem t odo s o. Var i ousr eas onsf ornonc ompl i anc egi v ent oTI SCr epor tr es ear c her sbyqual i f y i ngc ompani es *andr ange f r om genui nel ac kofawar enes st oal ar mi ngl ac kofc onc er n; Ones t at ed-“ Pr obl em i sIc an' tf unc t i onmybus i nes s ,i fIgetr i dofev er y t hi ngmadebys l av el abour . ” Onec ompanyCEO apol ogi s edf orbei ngt hr eemont hsl at ehav i ngbeenonhol i day( appar ent l ynooneel s e i nhi s36M+t ur nov erc ompanyc oul dat t endt oi ti nhi sabs enc e) Ot heror gani s at i onsdi dnotr eal i s et heyhadas uppl yc hai n“ Wedon’ thav eas uppl yc hai n”( t heydi d) “ Wedon’ thav eac ompl i anc edepar t ment …”( andwhenpus hed)… norappar ent l yaLegal depar t ment ( hi ght ur nov er sdon’ ti mpl yc ompani eshav et hei nf r as t r uc t ur eorawar enes soft hei rl egal r es pons i bi l i t i es ) “ I tdoes n’ tappl yt ous ”( i tdi d)“ Wehear di twasv ol unt ar y ”( notf ort hem t heywer eabov et het ur nov er )“ We di dn’ tt hi nkany onewasl ook i ng”( t heTI SCr epor tr egi s t erandc ommuni t yar e) “ What ’ st hemoder ns l av er yac t ?”&“ Whati smoder ns l av er y ?”“ Wedon’ thav es l av er yher e”“ I st her ea f i ne?”Andofc our s e“ We’ l l getbac kt oy ou”. Thef ul l t abl ebys ec t or * * *c anbeac c es s edont hef ol l owi ngl i nk ; ht t ps : / / t i s c r epor t . or g/ t abl eov er dueor gani s at i ons s ept ember . . . Fori nf or mat i ont het abl epr ov i dedal s os howst hepr opor t i onsofeac hs ec t ort hathav enotpubl i s hedand t hes ec ondc ol umns howst hi sper c ent agei ft heent i r equal i f y i ngs ec t ori st ak eni nt oc ons i der at i oni nc l udi ng t hos enoty etduet of i l e.Whenev al uat edi nt hi swhol es ec t orwayt heUt i l i t i ess ec t or sar et hef ur t hes tal ong wi t har ound42% c ov er edbys t at ement s( nots ur pr i s i nggi v enhowc ons umer f ac i ngandr egul at edt heyar e) but ,s adl y ,Educ at i ons t i l l l i mpi ngi nt her earon21%! Cat hHi l l ,Di r ec t oratCI PS,s ai d:“ I ti sc l eart hat ,al t hought heModer nSl av er yAc ti sac r uc i al f i r s ts t ept owar dser adi c at i ngmoder ns l av er y ,t her ei ss t i l l al ongwayt ogo.Ther ei sas i gni f i c antl ac kofawar enes s amongbus i nes s es ,meani ngmanyar enotc ompl y i ngwi t ht heAc t–ev enwhent heys houl dbe.Ourr es ear c hs howst hat37% ofs uppl yc hai nsmanager ss ubj ec tt ot heAc t ’ sr emi thav enotev enr eadt heGov er nment ' sgui danc eonmoder ns l av er y .Bus i nes s ess houl dbedoi ngev er y t hi ngt heyc ant or emov emoder n s l av er yf r om t hei rs uppl yc hai nast her ei sbot hal egal andmor al obl i gat i on. “ I ti sc r uc i al t hatbus i nes s esc ompl ywi t ht heAc tandputt her i ghtc ont r ol si npl ac et oendmoder ns l av er y . Thel ac kofpenal t i esf ornonc ompl i anc emeant hatr eput at i onal damaget obus i nes s esmaywel l bet he mos tex ac t i ngdet er r entwec ur r ent l yhav e. ” Say sJ ay aChak r abar t i ,CEO,“ Wehav ewor k edhar dt odes i gnas y s t em t hatc andel i v erupt odat eanal y s i sf r om c ont i nual l yupdat i ngi nf or mat i onandt husdel i v erasc ompl et eas naps hotaspos s i bl eont hes t at e ofModer nSl av er yAc tCompl i anc e.Wi t hs i xmont hst ogobef or eal l t heMSAs t at ement sar ef i nal l yduei n f or201516,wehav ear eal oppor t uni t yt oi nf l uenc et hedept handqual i t yofs t at ements ubmi s s i onsgoi ng f or war dandhopeourr ec ommendat i onst oc ompani espl anni ngt of i l ewi l l hel pdel i v er yt hi s . ht t ps : / / t i s c r epor t . or g/ t i s c r epor t r ec ommendat i ons Att hi ss t ageTI SCr epor ti sf oc us s i ngonmeas ur i ngnumber s ,s ec t or sandi dent i t i esofc ompani esc ov er ed bys t at ement sbutal s opr ot ot y pi ngt ool st oanal y s equal i t yofs t at ement s .I tai mst odel i v erqual i t at i v ei nf or mat i onaswel l onc et hedat abas ei sf ul l ypopul at ed.Wi t hi nex c es sof300ks uppl i er st oWel s hGov er nment c ur r ent l yf l oodi ngi nt oTI SCr epor tt hi smont h,t hec r i t i c al mas si nor dert odr i v ec hanget hr oughs uppl y c hai nsi saboutt ober eac hed. TheTI SCr epor tdy nami cdat as eti sc hangi ngdai l y .I ti sac er t i f i ed,f r eet oj oi nandac c es sopendat ar egi s t er ,bui l tt oGov er nmentDi gi t al Ser v i c e( GDS)s t andar ds .Bybui l di ngi tt obec ompat i bl ewi t hGov er nment s y s t emsanddat af or mat s ,ons ol i dGDSdat ar egi s t er sandus i ngCompani esHous e( SI C)i ndus t r y c odes * * * ,i tenabl esani ndept hdr i l l downoft hedat aagai ns ts har eds uppl yc hai nsbydas hboar d. *ht t p: / / www. l egi s l at i on. gov . uk / uk pga/ 2015/ 30/ s ec t i on/ 54/ enac t . . . * *ht t ps : / / gds . bl og. gov . uk / 2015/ 10/ 13/ t hec har ac t er i s t i c s of a. . . * * *ht t p: / / r es our c es . c ompani es hous e. gov . uk / s i c / * * * *ht t p: / / gov . wal es / doc s / dps p/ publ i c at i ons / v al uewal es / 170502et . . .
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Shr opshi r e Upt ot wot hi r dsofbusi nesseswho qual i f yar enotusi ngt heappr ent i ceshi p l evy Mi l l i onsofpounds *ofappr ent i c es hi pl ev ymoney ,ai med “ It hi nkoneoft hei s s uesi st hatbus i nes s es ati nc r eas i ngt hev oc at i onal s k i l l soft henat i on,i sappar - hav ej us ts eent hel ev yasameansoft r ai ni ng ent l ygoi ngunus edbybus i nes s es . news t af f .Theyar eal s oagr eatwayt oups k i l l ex i s t i ngs t af fs ot heyc ant ak eonmor er es ponAc c or di ngt onewr es ear c hbyEv ol v eLear ni ngGr oup s i bi l i t yanddev el opt hei rc ar eer s . ” Lt dandWes tLondonCol l egeonl yonei nt hr ee( 32%)of empl oy er swhoqual i f yf ort hel ev yar et ak i ngadv ant age Des pi t enott ak i ngf ul l adv ant ageoft hel ev y , ofi tt ot r ai nnewandex i s t i ngs t af f ,s ugges t i ngt hatmuc h bus i nes s esappear edpos i t i v eabouti t sbeneoft hel ev yi sgoi ngunt apped. f i t s . •Twoi nf i v e( 39%)hav es eenani nc r eas ei n Thi si sdes pi t es t r ongev i denc et hatempl oy er sar ef i nd- t henumberofc andi dat esappl y i ngf orv ac ani ngi tdi f f i c ul tt or ec r ui ts t af fwi t ht her i ghts k i l l s : c i es •90% ofempl oy er sagr eedt heyf i ndi ts omewhatpr ob- •Near l yat hi r dofbus i nes s es( 31%)r epor t ed l emat i ct or ec r ui ti ndi v i dual swi t ht her i ghts k i l l sf ort hei r ani nc r eas ei nt henumberofc andi dat eshi r ed bus i nes s , •Twoi nf i v e( 38%)r epor t edt hati thadi n•wi t h21% r epor t i ngt hati twasex t r emel ypr obl emat i c . c r eas edt heov er al l s k i l l soft hei rwor k f or c e. “ Bus i nes s esar emi s s i ngat r i c k , ”s ay sGar r yPhi l l i ps , CEO ofWes tLondonCol l ege.“ Bynott appi ngi nt ot he l ev yc ompani esar epas s i ngupont heoppor t uni t yt oi mpr ov eex i s t i ngs t af fs k i l l sandbr i ngnewempl oy eeson boar d. ” Al t houghs omebus i nes s eshav emanagedt ot ak eadv ant ageoft hel ev y ,t hes ur v eys howst her ei ss t i l l al ev el ofc onf us i on: •Thr eequar t er s( 78%)agr eet hatmor eneedst obe donet oi nc r eas eunder s t andi ngoft heappr ent i c es hi p l ev y ’ sv al ue •Fouri nf i v e( 80%)agr eet hatmor eneedst obedonet o engagebus i nes s est ous et hel ev y •Onl y37% f ul l yunder s t andt hel ev yandhowi tc oul d hel pt hei rbus i nes s
Whenas k edi fl ook i ngt ol aunc hanappr ent i c es hi ppr ogr ammei nt henex ts i xmont hs , near l yt wot hi r ds( 65%)ofempl oy er ss ai dt hey woul dc hos et odos ov i aaf ur t hereduc at i on c ol l egeandat hi r d( 34%)t hr oughapr i v at e t r ai ni ngpr ov i der . Thes ur v eywasc ar r i edoutbyOpi ni onMat t er s onbehal fofEv ol v eLear ni ngGr oupandWes t LondonCol l egeands ampl ed1005empl oy er s wi t hov er150empl oy ees .Res pondent swer e bus i nes sdec i s i onmak er swi t hs omer es pons i bi l i t yf ors t af ft r ai ni ngandr ec r ui t ment .Thef ul l f i ndi ngswi t hdet ai l edempl oy eri nt er v i ewsar e av ai l abl ei nar epor tent i t l ed,‘ Theappr ent i c es hi pl ev y–anunt appedoppor t uni t y ?’ andi s av ai l abl et odownl oadf r om www. ev ol v el ear ni nggr oup. c o. uk / l ev y r epor t
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Comment i ngont hegui de,Dav i dChapmanMar k et i ngManagerofZy l phaadded,“ T ak i ngac hanc eonahal f hear t ed,l i ght wei ghtappr oac hi sj us tnotanopt i onf ormanybus i nes s eswho Af r eeeSi gnat ur eManagementGui de,f r om Zy l pha( wwonl ywantt ous et hev er ybes t ,l owes t r i s kt ec hnol ogy .Thes e w. z y l pha. c om) ,i sadv oc at i ngt hatl awf i r mspur s ueonl yBes t ar es y s t emst hatbot hs t andt het es toft i meandboos tapr ac Pr ac t i c eappr oac heswheni nt r oduc i ngt het ec hnol ogy .The t i c e’ sr eput at i on.Howev er ,i ns omec as esas heerl ac kofi nf or Gui de,hi ghl i ght sbot ht hebenef i t sofaf ul l pr of es s i onal ap- mat i oni sr es pons i bl ef ors omeor gani s at i onsheadi ngdown pr oac hc ompar edt ot hemanypi t f al l sofat t empt i ngt oc ut t hewr ongr oadent i r el y ,wi t hdi s as t r ousc ons equenc es .I ns uc h c or ner s . c as es ,whats omet i mesl ook sl i k eac heaperopt i onc anul t i mat el ypr ov et obeanex t r emel yc os t l yer r or ! TheManagementGui de i dent i f i est hemai nr eas ons “ Thi sgui de,t her ef or e,endeav our st oc ount ert hi s‘ i nf or mat i on f orus i ngeSi gnat ur esand gap’ andt opoi ntpr ac t i c esi nt her i ghtdi r ec t i on.Wear ec onf i pr ov i desanov er v i ewofhow dentt hati twi l l pr ov eex t r emel yus ef ul i ni t s el fbutwear eal s o t oc hoos ewhi c hs y s t em i s happyt oans werf ol l owupques t i onsbyemai l t oo. ” i deal f orapar t i c ul arpr ac t i c e’ s needs .Al s oc ov er edar et he Comment i ngont henewgui de,J ennyHo,Sr .Pr oduc tMar k et r i s k ,c ompl i anc eand i ngManagerofl eadi ngeSi gnat ur ec ompanyAdobenot ed,“ I t ’ s r eput at i onal i s s uesats t ak e; i mpor t antt hatpr ac t i c eshav eal l t hek eyi nf or mat i onwhendeal ongwi t hk eyas pec t st hat c i di ngonhowt oappr oac hs uc has i gni f i c antt ec hnol ogyar ea. s houl dbec ons i der edwhen Zy l pha’ sManagementGui dec er t ai nl yc ov er ss omeoft hek ey f ut ur epr oof i ngs y s t em ques t i onsandwi l l nodoubtas s i s ti nt hi spr oc es sgr eat l y . ” i nv es t ment s . TheManagementGui dec anbedownl oadedatht t p: / / www. z y l pha. c om/ management gui deel ec t r oni c s i gnat ur es . . . Rel eas ef r om Zy l pha
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