Theme 1 Section 1.5 Leadership

Great video on what "leadership" really is:


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Paper 3 Entertainment Topic:

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External environment theory (SLEPT)

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We have looked at the issue of competition within markets; however, firms have to be aware of many other changes and developments in the markets within which they operate, or want to operate. The term for assessing these issues id "SLEPT" analysis - and below is a good explanation of it in a current environment:                                 External environment theory SLEPT analysis (sometimes also called PEST analysis) Before creating business plans or when evaluating existing ones it is important to 'scan' the external environment. This takes the form of a SLEPT analysis, i.e. an investigation of the Social, Legal, Economic, Political, and Technological influences on a business. In addition it is also important to be aware of the actions of your competitors. These forces are continually in a state of change. ...
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Profit & loss, margin, cash flow - all in one article:

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BHS stores threatened with closure as troubled retailer seeks rent cuts BHS is battling landlords to reduce its rent costs Credit: ALAMY Christopher Williams , Chief Business Correspondent 3 March 2016   B HS has appealed to creditors for permission to enter a form of insolvency that could lead to the closure of dozens of stores and loss of hundreds of jobs, as the High Street stalwart fights for survival. The retailer has submitted proposals to the High Court for a Company Voluntary Agreement (CVA) in an attempt to drive down rent costs for 87 of its 164 stores. Preparations for the proposals, made by BHS on advice from KPMG, were revealed by The Telegraph last month . BHS said that under a CVA it would seek “substantial” rent reductions at 40 stores that will otherwise be closed after a minimum period of 10 months. KPMG said the retailer will pay 25pc of the rent due on the stores. The retailer’s attempts to negotiate cuts with institut...
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