Optimism among global mid-market business leaders rose from 59% to 67% in the first half of this year, according to the latest data from Grant Thornton’s International Business Report (IBR).
                
            We understand the market trends and challenges to provide comprehensive insights and anticipate opportunities for businesses looking to go beyond and innovate in their strategies.
                            
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IBR H1 2023                
                    Mid-market businesses lifted by rising tide of optimism
                
                
         
            
                
Insights                
                    Improved HR data reduces costly payroll errors
                
                
        
                    Mistakes in data entry lead to inaccurate employee data capture, payroll errors, excessive administrative work and potential compliance breaches, and could affect offerings and benefits offered to employees. In our experience, upwards of 70% of payroll data issues stem from recruiting and onboarding entry.
                
             
            
                
2022                
                    Unlock Brazil
                
                
        
                    Expanding into new international markets is a challenging process and having full knowledge of the chosen market is essential. In Unlock Brazil 2020, Grant Thornton presents scenarios and assists the journey to be taken by foreign companies interested in establishing themselves in Brazilian territory in accordance with government and tax authorities.
                
             
            
                
INSIGHTS                
                    Acqui-Hire: new form of talent hunting in the market
                
                
        
                    Learn more about this Acqui-Hire phenomenon, which refers to acquisitions focused on hiring the company's team (hiring)
                
             
            
                
Fight inflation now using digital                
                    Fight inflation now using digital
                
                
        
                    Technology can help mid-market firms to offset the damage caused by soaring inflation. But how do companies globally ensure they get the best return on investment? Here, we explore the opportunities and risks for businesses in the year ahead.
                
             
            
                
INSIGHTS                
                    All rise: Actions to take now to counter inflation
                
                
        
                    Inflation has taken hold globally and won’t loosen its grip anytime soon. International mid-market companies need to take action to address it now. To help, Grant Thornton has developed a list of essential actions that we think companies should take now. These are set out below and in an accompanying video series, and are used to assess the current priorities and progress of mid-market companies.
                
             
            
                
INSIGHTS                
                    Expansion in Brazil: foreign companies seek security and optimization in backoffice services
                
                
        
                    To take advantage of the opportunities, companies that are preparing to start their operations in the Brazilian market need to plan their operations and optimize backoffice routines.
                
             
            
                
INSIGHT                
                    Developing an optimal hybrid workforce strategy
                
                
        
                    As large organizations continue to go public with their workforce approaches, those that haven’t made long-term strategy decisions surrounding their workforce policy will soon need to do so. The result is many business leaders ask us if there is a consensus when it comes to designing an optimal hybrid/remote workforce strategy. The only consensus is there is no consensus.
                
             
            
                
Six key skills for turning data into insight                
                    Six key skills for turning data into insight
                
                
        
                    How do you turn data into insight? Carolyn Sansom explores the six key skills you need to draw insights from data analysis to drive better decision making.
                
             
                                         
                                         
                                        