E-Invoicing is at a Turning Point: Europe’s Digital VAT Future Following our earlier look at Singapore’s InvoiceNow initiative and its push for nationwide e-invoicing adoption, we now shift our focus to European Union (EU) where momentum is building under a distinct regulatory and tax environment. Across Europe, e-invoicing is quickly becoming the norm. With the European Commission’s VAT in the Digital Age (ViDA) initiative driving major regulatory changes, the region is taking major steps toward full digital VAT compliance. Across the EU, e-invoicing is reshaping how businesses manage their financial operations. Built for accuracy and speed, electronic invoices are processed far more efficiently than traditional methods. As ViDA is accelerating the shift to e-invoicing as a regulatory standard, business leaders…
AI Is Driving a New Era of Innovation Artificial Intelligence (AI) is transforming innovation by moving into areas once thought to be uniquely human, such as creative thinking and design. While many leaders focus on AI’s role in optimising operations—cutting costs, streamlining processes, and enhancing customer experiences—its impact goes far deeper. Through the automation of repetitive tasks and rapid pattern recognition, AI has the ability to craft highly personalised solutions and resolve complex problems more efficiently than human teams. Traditionally, innovation relied on human imagination and intuition. In the current innovation landscape, AI co-creates—generating ideas, visuals, and prototypes alongside humans. By rapidly testing and refining countless design options, AI rapidly speeds up innovation cycles and expands what’s possible. This shift…
A New Era of Longevity: Living Longer and Working Longer As global life expectancy rises, so will the average retirement age. In many advanced countries, longer lifespans and economic pressures are extending working lives well into the late 60s and beyond. This shift has created a new reality: a growing segment of the workforce is older and highly experienced. Yet these workers are often overlooked, underestimated or made redundant. In a previous article, we explored how stereotypes about Millennials and Gen Z being "entitled" can prevent leaders from fully engaging the potential of younger talent. In calling out such generational stereotypes, we must also acknowledge how older employees are equally subject to bias. Older employees, especially those over 60, face…
In today’s fast-paced business environment, organizations face numerous challenges, particularly when it comes to attracting and developing top sales talent. In this two-article series, we uncover overlooked strategies to boost sales performance, examining the impact of technology, strategy, leadership, performance management, and other critical factors that drive business success. In a recent interview, Professor Frank Cespedes shared his expert insights on effectively managing the sales function to enhance business outcomes. This interview is divided into two articles. This is Article 1, where we begin by exploring Strategic Approaches to Sales and Sales Talent. We’ll delve into foundational strategies and best practices for building a high-performing sales team. Article 2 will follow in two weeks, focusing on the Leadership Role in…
Bridging Worlds: A Journey of Growth, Innovation, and Relevance With the average company lifespan plummeting from 67 years to just 14—and predictions that half of today’s S&P 500 could vanish in the next decade—staying relevant has never been more critical. This article explores the journey of Araz Najarian and how she supports businesses in staying relevant and purposeful through her work at ELP Network. Founded over 25 years ago, ELP Network emerged from the vision of four individuals— with a combined background of academic expertise, and extensive executive business experience. Together, they set out to bridge these two worlds, creating a practice that would help businesses achieve sustainable growth and maintain relevance in an ever-evolving marketplace. This vision laid the…