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Generative AI (GenAI) is no longer just a buzzword - it’s reshaping how businesses operate. Yet private companies are still playing catch-up. According to Grant Thornton’s survey of over 550 global business leaders, only 57% of private companies have adopted GenAI, compared with 80% of public companies. This gap puts private firms at a disadvantage as competitors leverage AI to enhance customer experiences, streamline operations, and generate new revenue streams.
The CISOs (Chief Information Security Officer) needs to be part of the leadership team that drives your business. However, in many organizations today, this is not the case - putting both the organization and individual roles at risk.
According to the Local Taxes Act, a property tax payer is required to report any changes relevant to the determination of their tax obligation to the Tax Administration by 31 March of the tax assessment year.
New research from Grant Thornton reveals that without immediate action, gender parity in leadership positions will not be achieved until 2051. This stark reality underscores the urgency of addressing gender inequality.
Grant Thornton provides an overview of the announced key changes in the Tax Reform, which will largely come into effect on 1 January 2025. A new round of tax changes has been announced, and the changes are comprehensive, from real estate tax to VAT. The personal allowance is increasing from 560 to 600 euros, which automatically results in an increase in deductions for dependents. The threshold for paying a higher income tax rate is increasing from the current 50,400.00 euros per year to 60,000.00 euros.
Data from Grant Thornton's Women in Business 2024 survey suggests that we are far from achieving equality between men and women in senior management positions within the technology sector. Globally, women hold 32% of senior management positions in the technology sector, which is below the global average of 33.5%, and below other industries such as professional services (36.2%), asset management (35.5%), and healthcare (37.7%).
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