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Blog

Stay Secure: How to Engage with AI Tools Safely

Data is the new and highest form of currency in today’s world. So just like money it must be protected and safeguarded. When making financial investments on behalf of your clients it’s important that you understand where their money is sitting, how it’s being invested and used, how sound are the firms involved etc.  The same goes for the data! If you’ve been reading our newsletters and following our work, you already know that we strongly encourage firms to engage with AI tools to super charge their work and to improve both productivity and efficiency. However, this must be done…
RIE Solutions
13 June 2024
Blog

The Future of Work: Embracing the Hybrid and Remote Working Revolution in the UK

The landscape of work in the UK, as well as worldwide, is undergoing a significant transformation, driven by the increasing adoption of remote and hybrid work models. Yet a lot of firms in the financial advisory space are still resisting to truly embrace this way of working. We’d argue that, in today’s world, in order to attract talent into your organisations and retain it, firms need to embrace this way of working. Here are a few statistics worth noting: According to the Office of National Statistics (ONS) 44% of UK workers worked remotely in 2023 (16% worked exclusively from home…
RIE Solutions
13 May 2024
Blog

Getting important things done

I like to get things done. One of my mother’s favourite aphorisms “if it’s worth doing, it’s worth doing well” might having something to do with it. These three books have inspired me to get things done: "The Four Disciplines of Execution" by McChesney, Covey, and Huling (2012), and "Getting Things Done" by David Allen (2015), and "How Big Things Get Done" by Flyvbjerg and Gardner (2023). Each one offers a unique perspective on how to be efficient and effective in both your personal and professional life regardless of the size of the task you are undertaking. The Four Disciplines…
RIE Solutions
11 April 2024
Blog

How to become a Corporate Athlete

What does a tennis champion, a marathon runner, and a Practice Manager have in common? They all face high-pressure situations that require them to perform at their best, often under extreme conditions. But while athletes have coaches, trainers, and nutritionists to help them optimise their physical and mental energy, Managers are often left to their own devices, relying on caffeine, adrenaline, and willpower to get through the day. This can lead to chronic stress, burnout, and poor performance. In this blog, we introduce the concept of a corporate athlete, a term coined by two experts in sports psychology and human…
RIE Solutions
12 March 2024
Blog

Nothing succeeds like succession planning

Taking a strategic approach for organisational continuity and development Typically, in our profession, succession planning is thought about solely in relation to business owners but there is a lot more to it. So, we invite you to think of succession planning as an ongoing process of identifying the critical roles within your organisation and developing an action plan for other people to assume those roles when the time comes. Change is inevitable and people move on, hence succession planning is an essential strategy for organisational sustainability and future growth. A succession plan is more than just a replacement plan; it's…
RIE Solutions
9 February 2024
Blog

Mastering communication: getting beyond the inbox

The cornerstone of every interaction lies in effective communication. Yet, mastering this art is seldom achieved. Our experience across various businesses echoes a common theme: effective communication is one of the biggest challenges! This observation aligns with ZipDo's findings, which highlights a startling reality: 86% of employees and executives identify ineffective communication as a primary culprit behind workplace failures, which in turn results in a 23% dip in employee productivity. Interestingly, 84% of businesses use email as their main form of communication, the question is, is it the most effective or appropriate way of communicating with your audience? On average…
RIE Solutions
4 January 2024
Blog

Thriving amidst change: can agile methodology be an answer?

The pace needed to respond to increased regulation, tech disruption, changing client expectations, and global competition is frenetic and, in our experience, most businesses move too slowly to keep up with the changing landscape. On the flip side, agile financial advisory businesses, that can adapt quickly to change, will thrive. The tech industry is constantly in flux, especially now, which is why the leading tech businesses have adopted agile, innovative, client centric, design thinking approaches to thrive amidst change. This agile management approach can and is being adopted by financial advisory businesses globally. Agile management is a set of principles…
RIE Solutions
11 December 2023
Blog

Sickness Absence: your rights and responsibilities as an employer

Dealing with employee absence – both frequent short-term absence and longer-term absence - is a regular feature of managing people but you may not be aware that, as an employer, you have rights as well as a variety of legal responsibilities - primarily under the Equality Act, the Employment Rights Act and the Health and Safety at Work Act.  We also know that employees are much more likely to return to work safely and productively following long-term sickness absence if they are well supported by their employer both during their absence and on their return. So, what do you need…
RIE Solutions
9 November 2023
Blog

How to say ‘no’ with confidence

As a Practice Manager you are typically juggling many tasks and there are many demands on your time. In order to thrive in this role a critical skill to have is the ability to say ‘no’. Yet saying ‘no’ can be one of the most difficult skills to master in business. Whether it's declining a request from a colleague, a boss, or a client, we often feel guilty, rude, or unprofessional when we say ‘no’. However, saying ‘yes’ to everything can also have negative consequences, such as overcommitting, underdelivering, or compromising your values. So, how can you say ‘no’ in…
RIE Solutions
12 October 2023
Blog

The importance of doing nothing

When have you last done nothing? Truly nothing! With the main holiday season over, have you taken advantage of your time off? In the fast-paced world we live in today many people feel guilty or anxious about taking time off. Some people, particularly in small businesses, think that they are indispensable, that the business can’t function without them, or that they will miss out on something important if they aren’t at work. Yet, a holiday is not a luxury, it is a necessity, which is why every worker in the UK has a legal right to paid holidays. It could…
RIE Solutions
15 September 2023