This edition of Connecting the Dots zooms in on the effects of the re-election of Erdogan in Turkiye, focusing on the economic prospects of the country. The appointment of Mehmet Simsek as Minister of Treasury and Finance promises a turn-around of the unorthodox economic policies implemented by Erdogan in his previous term. New policies introduced to tackle the high inflation will affect the Turkish business environment. In this post, we aim to examine what these effects are and how they might impact your business.
Category: Economic
One year into the pandemic: Crisis Management
“Crisis” is a word we have become all too familiar with over the last year. The importance of having proper crisis management procedures in place should not have to be emphasized anymore. The majority of the world population has experienced this global crisis firsthand. Was your company prepared to face this crisis?
One year into the pandemic: Business Travel
One year ago, the first images of deserted airports spread across the internet. The pictures were mainly shared by passengers trying to find a way home, many of whom were fearing travel bans and entry restrictions. A year later, we know that this became the undeniable truth. However, with the development of fast tests, and the roll out of vaccinations, the light at the end of the pandemic tunnel seems brighter than ever before. Companies are carefully looking at the resumption of business travel, which will become feasible again in the next couple of months. Are you ready to travel?
One year into the pandemic: Information Security
The pandemic has undoubtedly brought about massive changes in the professional environment. The relocation of employees, digitalization of key processes and the increasing use of online tools to facilitate these, have marked a new era in business environment. While it is obvious that your company has been part of this digital transition process, the transition of security processes is often overlooked. Have your security methods transitioned equally?
Integrity Due Diligence
Expanding your business abroad is one of the most challenging tasks faced by entrepreneurs and managers. At home, it’s easy for skilled businessmen and women to decide whether to trust a local partner based on a gut feeling. You can visit your prospective partners in person and visit their office to determine whether they are trustworthy. When conducting business abroad, or with foreign partners, this decision is usually more difficult to make.
Information Security Elements
When companies consider information security, they mainly refer to the cyber aspect. Not unimportant but certainly not everything. As can be seen above, there are significant human, procedural, systematic and physical aspect to information security. Based on our experience in the world of intelligence, we have developed a three-step approach that takes every factor into account.
Employment screenings
Organisations that improve their information security usually take measures to tighten company procedures, enhance the protection of their systems or even limit the physical access within their office. One crucial element of information security is often overlooked though: the human factor. In the end, even if all other procedures and systems are fully secured, your information could still be vulnerable through the people who have access to it.
Business travel in 2021
After a lot of companies cancelled their business trips last year because of COVID-19, 2021 will be the year to restart international projects. Sadly, however, travelling for business will never be the same. The ongoing change is perhaps best illustrated by an example of a project of one of our clients in Israel.
Resumption of international flights
Multiple countries are reopening their airspace for international flights, despite the continuous growth of the number of daily new COVID-19 cases. This provides ample opportunities for companies to ensure business
- 1
- 2