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Companies that are comfortable with failure are more nimble, innovative and successful, says John Harmeling, chief marketing officer at Grant Thornton in the US

As businesses look to 2016 and beyond, this report considers the outlook for the global economy in 2016.

Being entrepreneurial and delivering mid-market sized turnover need not be mutually exclusive. Sweden’s Fontana Food has achieved the best of both worlds

Predicting the future need not be a stab in the dark. There are plenty of practical steps businesses can take to prepare for the challenges ahead.

Every business can benefit from the Internet of Things – just start small and choose wisely when deciding which operations you want to target.

India’s young, growing workforce and China’s ageing population put Asia’s two great economies at either end of the age dividend. Partners at Grant Thornton discuss the consequences for each of their countries.

Kenya’s economy is becoming more dynamic. For businesses seeking to expand, it could be the perfect stepping stone into the region.

Public Financial Management (PFM) is evolving from a narrow focus on budgeting towards a wider mandate as a key driver of policy and strategy across all levels of government, public services, state enterprises and public-private partnerships.

The 2015 Grant Thornton International Business Report (IBR), a global survey of 2500 business leaders in 35 economies, has revealed that over the past 12 months more than 15% of businesses across the world have suffered a cyber attack, costing a total of more than $300 billion (link). That's just the measurable costs. Who knows what the reputational damage, loss of trust and custom adds up to.

An increasing number of commentators and researchers think there might be a link between purpose and growth. So what does a purpose look like, and how can you define yours?

As productivity rates fall, businesses and governments need to find new ways to make inputs work harder if living standards are to be maintained.

5 October 2015 was a good day for companies operating across borders, with agreements on global transfer pricing rules (Base Erosion Profit Sharing or BEPS) and the Trans-Pacific Partnership (TPP).

Cyber attacks are set to grow in their number and nature; those companies that embed security measures into their culture will be most successful at fending them off, says Paul Jacobs

To succeed in the B2B sharing economy, businesses need to understand what drives customers who are willing to use crowdsourced and automated services LiquidSpace specialises in renting out spare office space in existing businesses by the hour, the month or longer. Users can hire space via the company’s app and be sitting in a business’s boardroom within minutes. They can add their own office space to the inventory too.

New research from Grant Thornton reveals that cyber attacks are taking a serious toll on business, with the total cost of attacks globally estimated to be at least US$315bn* over the past 12 months. The Grant Thornton International Business Report (IBR), a global survey of 2,500 business leaders in 35 economies, reveals that more than one in six businesses surveyed faced a cyber attack in the past year. With high-profile security breaches and hacks becoming more prevalent, nearly half of firms are putting themselves in the firing line with no comprehensive strategy to prevent digital crime.

Globalisation is accelerating. While businesses are looking to unlock new revenue streams and governments are encouraging economic diversification, the increased connectivity of the digital age is lowering barriers to entry, opening up more international growth opportunities for dynamic businesses.