Why not? Let’s sign up for an Ultra Marathon (>100km in 24 hours). What do I have to lose? I haven’t done one of those before. On reflection ultra marathons and business have a lot in common. Before the Race / Project Starts Say Yes then Figure it out – in business we […]
What Ultra Marathons and Business Have in Common Read More »
A CEO that I am currently working with has identified who they would like to be their successor. They then asked me how would he go about identifying what her currently skills are and what the gap was for the skills that she would need for a CEO. Why would they want to do this?
I am a leader but I don’t know what I don’t know- what other skills do I need? Operations Management A CEO that I am currently working with has identified who they would like to be their successor. They then asked me how would they go about identifying what her current skills are, and
Operations Management Read More »
A CEO that I am currently working with has identified who they would like to be their successor. They then asked me how would he go about identifying what her current skills are and what the gap is for the skills that she would need for a CEO. Why would they want to do
I am a leader but I don’t know what I don’t know – what other skills do I need? Read More »
There is a famous saying A star wants to see herself rise to the top. A leader wants to see those around her become stars. business management, human resources What is better a governance board or an advisory board? Seeking advice from a group of people that are experts in the field is one of
Advisory versus Governance Board – What are the key differences? Read More »
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
18 tips on why you need to start strategic planning? Read More »
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
Why consistency average is the key for healthy business management? Read More »
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
What is VUCA and how can businesses manage with VUCA environment? Read More »
Typically, people only take advice from people they trust. As business owners and leaders, how do we gain the trust of people who don’t know us well? And how do we learn to trust people we don’t know, but who could provide us with the advice we need? The first step towards building trust is
Advice means nothing without trust Read More »
What lifecycle is your business currently in? You may be emerging, growing, changing or exiting. Which do you want to be in? If you’re in an emerging market, you need to know what your competitors are doing so you can stay ahead of the game. Having the right systems and processes in place is essential.
Business lifecycles: Where are you? Read More »
Have you done yourself out of a job? Do your executives make the decisions for you? If not, you haven’t got the right structure, delegation, accountability or consequences. Yes, I know it’s hard to think about – you not doing everything or being responsible for everything. But that’s the end goal! The goal is to
Do you have the right executive structure? Read More »
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
How to break through the $30 million barrier Read More »
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 »
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
Operational vs Strategic Meetings Read More »
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
Are you in control? Read More »
