18 tips on why you need to start strategic planning?

Be it the real-world or corporate world everything needs planning to decide the consequences and results of the actions in advance. In corporate world, this planning is known as strategic planning that is a set of rules predetermined to meet particular goals in the future. This planning process involves examining every aspect of the macro …

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Why consistency average is the key for healthy business management?

Consistently average is the goal. Consistent in service, consistent in the product, consistent in the outcome, consistent in performance. Why would we want that as our focus? It’s like building a house. Why would we want to focus on being consistently average?  The key is being consistent. The corporate world is surrounded by an uncertain …

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How to break through the $30 million barrier

The $30M Pain Point in Business

You’re the owner or leader of a $30 million business. You’re successful. You’ve achieved incredible things, have a loyal team, loyal customers, and you’ve got a great strategy and product. Yet, you know you could achieve more. You could employ more staff, generate more money and make your business even more valuable. But how will …

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Can you break the $10 million barrier?

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 …

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Why you need an advisory board charter

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 …

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Who is your mentor?

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 …

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I didn’t get a chance to spring clean during COVID – did you?

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 …

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The HR Challenges Ahead – Building the Bridge to (Post COVID-19) Tomorrow

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 …

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The Business Challenges Ahead – Building the Bridge to (Post COVID-19) Tomorrow

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. …

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Operational vs Strategic Meetings

Operational vs Strategic Meetings

Operations Meetings are internally focused – they work in the business, whereas Advisory Board Meetings are more strategic and work on the business. Typical topics for an Operations Meeting will include current client work, employee management, operational management, employee training, workplace health and safety, sales, debtors, weekly cash flow, and budget.  Advisory Board Meetings should …

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Are you in control?

Are you in control

Would your business survive another significant outbreak of COVID-19? Would your business thrive in a pandemic lockdown? Are you ready for the economy to reopen? Can you reliably source the goods and materials that your business relies on in a COVID-19 impacted world? Do you need capital to expand? Do you need to downsize? Do …

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Who has your back?

Who has your back

Congratulations! You’ve made it to the top. You’re the business owner or leader of a successful company. You’ve shown enormous courage, achieving the things you’d set out to achieve. You’ve got a good team, board and customers. You’re making decent profits and your systems and processes are working well. However, something doesn’t feel right. You’ve …

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