Office space. Photo by: Home Thods.

What the Future of Office Administrative Services Industry Looks Like

The Office Administrative Services industry facilitates the day-to-day operations and smooth business functioning of small to big enterprises alike. Besides office administrative personnel, companies in this industry offer financial planning, accounting, billing, and logistics services. In 2017 the Office Administrative Services industry was worth $71 billion worldwide. Fast forward to 2019, it has grown to more than…

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Rance Hesketh, former CEO of Workshop Cafe and former senior vice president at Burger King (Photo by Via News)

Short-Termism, Overextension Lead to Business Vulnerability

Failure to focus on the long-term vision of a business and over-extending the scope of its activities could result in vulnerability, says a senior entrepreneurial executive, who calls it a “folly” to pursue growth rather than profit. “There’s too much short-termism, and that short-termism is ultimately very damaging. It’s damaging to the [company’s] culture in…

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