The Business Fundamentals

This content is part of the GBCC’s Raise the BAR campaign on business adaptability & resilience (find out more here). This page focuses on the business fundamentals of risk management and financial resilience.

Join the conversation on social media using the hashtag #RTB19 and find out more in the sections below.

Key stats

the average amount of time companies spend discussing risk management in the board room (McKinsey)
of CEOs agree having data about business risks is important for making long term business decisions (PwC)
of businesses saw their cash flow position worsen in Q2 2019 (GBCC QBR)

About the Campaign:

Raise the BAR is sponsored by Western Union:

For organizations seeking a partner to optimize cross-border payments, Western Union Business Solutions equips you with the solutions you need to send, receive and manage international payments. Our extensive global network, spanning 200 countries/territories and 130 currencies combined with our knowledge of local markets enable you to manage international payments simply, effectively and efficiently.

Business Insights

Adaptability and Resilience: A Hospice Perspective

Emma Hodges, Group CEO of St Giles Hospice shares her honest take on the challenges her organisation has experienced and how they are adapting.

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Responding to Uncertainty: A Business Checklist

Richard Holland, owner & director of Inergo shares his top tips on how firms can adopt “barometer thinking” to respond to uncertainty.

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An Introduction to Managing Financial Risk

In this video, Johnathan Dudley, Midlands Managing Partner, Crowe UK shares his essential tips for managing financial risk within your organisation.

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Building Business Resilience with Prompt Payment

James Blackman, Lichfield & Tamworth Chamber President shares his advice for businesses on cutting down on late payments and the #Payin30Days campaign

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How Collaboration Strengthens Business Resilience

Professor Julian Beer, Deputy Vice Chancellor at Birmingham City University shares three examples of how BCU have helped businesses improve resilience through data.

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How We Improved Our Financial Resilience with R&D Tax Credits

Helen Bates, CFO of the GBCC shares how the Chamber has benefitted from R&D tax credits, against expectations

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What support is available

In September 2018, the GBCC delivered the Invest to Grow campaign. This was packed full of information on UK tax reliefs related to investment in innovation, technology & machinery.

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The GBS LEP Growth Hub is a single point of contact for business advice, funding and support for any business across Greater Birmingham.

Find out more