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One of the greatest challenges with using social media strategically is measuring its success. Boards need to understand how social media is helping meet their strategic objectives and need to set goals and define success early in the planning stage. Measurement is crucial to understanding whether these goals have been achieved.

The real estate and construction sector continues to make steady progress as it recovers from a financial crisis in which investors, developers and homeowners were disproportionately hit.

As the global economy slowly recovers its verve, so business leaders in the hospitality and tourism sector are looking at new ways to grow their operations. So says our International Business Report (IBR), which interviews around 150 senior executives in the sector globally every quarter.

We launched our annual M&A report – ‘Dynamic businesses at the forefront of M&A optimism’ – in Hong Kong last week. The report has provoked a good deal of debate and I just wanted to share two highlights from the data.

We asked the 3,500 business leaders who responded to our latest Grant Thornton International Business Report (IBR) a new question in Q4-2013: Do you expect rising energy costs to constrain the growth of business over the next 12 months?

Fraud is endemic in the construction industry. So much so that in many parts of the world it is seen merely as a ‘cost of doing business’. But this does not have to be the case. In a report released this week, ‘Time for a new direction – Fighting fraud in Construction’, we recommend a number of concrete steps companies can take to avoid becoming victims of fraud.

To protect national interests, governments are using compliance to restrict companies that could potentially disrupt established industries which can creating a knock on effect for tech companies. Rapidly expanding companies also face a wider range of individual regulations as they expand into new territories, be it employment law, taxation, product safety or licensing.

Thinking outside the Big Blue box. Scott Barnes responds to UK Competition Commission proposals.