Have YOU done your numbers for the next tax year yet?
I’ve recently been working on a number of data sets, turning the information into something more visual. They go a long way to explaining why many UK businesses may feel that things have changed. For some, they have changed a lot.
Yet commerce has been changing for some time. In fact, according to the ONS, the total number of UK businesses have more than doubled in the last twenty years. The rate of change is also getting faster. One trend over the last five years is for the number of sole traders to have declined while the number of business incorporations has steadily increased.
Keeping track of where things now are and predicting where they may be going has never been so challenging. The growth in demand for data analysts and data scientists being a testament to this. We are all trying to make sense of it. Measurement and modelling is one option if you have some scale and the numbers to work with.
The fact that the sum total of human knowledge now estimated to double almost daily is clearly central to some of this uncertainty and confusion.
Long gone are the days when learned knowledge was passed from one generation to generation, back when the sum total of human learning doubled roughly every 100 years. Even by the 1950s the rate of growth in our knowledge had accelerated to a doubling every 25 years.
Also gone are the days when one might learn a trade or profession and expect it to remain as originally taught for the remainder of an always upward career within it.
Keeping pace with change for many in the professional and technical services sector now seems an imperative yet some things will change very little.
A great image will linger in the mind as a memory for the rest of one’s life. A good story will be retold and passed on from person to person for generations.
A unique suite of images directly associated with you and your business are a protectable asset that will surpass changing times.
The data sets I am working on are part of a presentation centred on where complex business interactions are likely to be heading in a post pandemic, more fluid business environment and why.
Don’t miss out when the presentation is available.
Reserve your seat by using the link below. Places will be limited.