Congratulations! Reaching a $10 million turnover takes hard work and dedication. You may have only recently reached it, or perhaps you’ve hovered around this turnover for years. Did you know that once you break through the $10 million barrier, your next significant pain point is $30 million? First of all, do you want to achieve […]
Can you break the $10 million barrier? Read More »
Being stuck at the $1.5 million turnover is common. Have you been hovering around this mark for a while now? If so, the good news is, you can break through and reach a $10 million turnover. To do this, you need improved systems, processes, people, culture and practices. But the first question you need to
Are you stuck at $1.5 million? Read More »
So often, we recruit new staff without role descriptions. This usually doesn’t cause too many issues to start with. But then you start thinking, “Why are they doing what they’re doing? Why aren’t they doing what I want them to be doing?” Often, the answer is because they don’t have clarity on their responsibilities. We
Why you need an advisory board charter Read More »
Do you have a succession plan for your role as a business owner or CEO? Do you have a succession plan for your executives? For other key positions in your business? For your governance and advisory board roles? Or are you too busy being busy and not thinking strategically? Succession planning is about more than
Do you have a succession plan? If not, why not? Read More »
This is a great question. As a business owner or CEO, is it your responsibility to ensure your advisory board suits your needs? Or is it the advisory board chair’s role to ensure you have the right board for you? The answer is, it’s both. When you create your advisory board, you should do a
Why haven’t you traded in your advisory board chair? Read More »
In the epic Greek poem, The Odyssey, Mentor was a son of Alcimus. In his old age, Mentor was a friend of Odysseus. When Odysseus left for the Trojan War, he placed Mentor in charge of his son, Telemachus. It’s because of Mentor’s important relationship with Telemachus that we have the word “mentor”. What
Who is your mentor? Read More »
At some stage, our friends get sick of us asking them for advice. This is usually because when we get it, we do nothing with it! We also outgrow their advice. Our friends want to have our backs, they want to help us and see our businesses grow – but we reach a point when
Have you outgrown your friends’ advice? Read More »
I am one of the fortunate ones who remained gainfully employed as an Advisory Board Chair and HR Consultant during COVID-19. However, what this has meant is that it has been business as usual in the new usual. While others had time to spring clean their homes, improve their practices at work, and do those
I didn’t get a chance to spring clean during COVID – did you? Read More »
There are many HR challenges that will be faced by every business as they work their way out of lockdown, including: confidence and energy levels of owners and managers are down fatigue and anxiety levels are high for owners, managers and retained employees businesses need to re-build their business structure around their future plans businesses
The HR Challenges Ahead – Building the Bridge to (Post COVID-19) Tomorrow Read More »
There are some significant business challenges that business owners now need to both understand and attempt to manage. Cash flow is king – and businesses need to operate within their existing cash flow forecasts (and assume at least a 20% decline in sales revenue). Government stimulus packages will provide some positive cashflow offsets in 2020.
The Business Challenges Ahead – Building the Bridge to (Post COVID-19) Tomorrow Read More »
