Keeping on top of the industry trends is one of the most important things a business should do to thrive or survive in this ever revolving world.

To keep on top: 

We read various industry publications example Accountancy Age.

Attending various industry events and webinars, example Accountex.  We benefit from CPD (Continuing Professional Development) one of the      requirements  for accountants in order to maintain their qualification.  However the big picture is, you  keep on top of the industry trends.

Business news /news letters.

Listening to Expert advice, interviews, the UK budget.

Using Social media.              

 We also use professional or analytical tools.

Thanks for your tips Faith 

For me its all about that continual reading and learning. Maybe its accounting press, social media or general news but it has to be continual. The second you think you are on top of your game and take your eye off the ball....then you are behind.

Regards

Nick

I couldn't agree more Nick, being in marketing it is an ever changing industry and it is important to keep up with industry news.

Staying ahead of industry trends is a key aspect of our business strategy. We keep a close eye on industry news and subscribe to newsletters and publications that provide insights into the latest developments. Attending industry-specific conferences and webinars is another way we ensure we're up to date. Maintaining a strong online presence through social media and blogs allows us to share our expertise and connect with our audience. By the way, if you're interested in learning more about business processes, I recommend checking out the article about the Company Administration Process. It offers valuable insights into managing business operations effectively.