The majority of successful people in business are often described as being very well organized and good time managers. Fortunately, time management skills are learnable with practice and repetition. You can become one of the most productive people in your field by applying the ideas you are about to learn. Start by making decisions, getting …
“This is not my responsibility” is unfortunately a sentence which is heard more than it ever should be in businesses. One of the common factors I find when working with underperforming teams or organisations is a lack of clarity around roles and responsibilities. As a result, tasks are completed to a lower standard, or people …
They call this a “Dashing Cavalier” hat: When you are at work as an SME Business owner, do you try and where one of these? The Dashing Cavalier: The person who can do everything? What I am talking about here is that as a business owner, unless your business is perhaps $10m plus per annum, …
So much time and money is put into the acquisition of new customers but I commonly find that a lot of businesses do not put the same amount of effort into their current customers. This can often lead to customer churn and a constant battle of bringing on more new customers than those lost in …
There are two ways to excel in business: The first is by developing effective strategies. The second is making those strategies happen, in a highly effective manner. The latter is all about personal high performance, yet very few executives and entrepreneurs spend much time improving their own performance. Here’s a test to help you identify …
It’s possible that I spend too much time thinking about how to improve business so it benefits everyone. But sometimes it leads to some pretty funny observations. Take, for example, one of our Best Practices, which we call “Radical Transparency.” Transparency is supposed to solve this problem, and it does — but only if you …
Have you ever had a team meeting, shared your wishes on what needs to happen, only to find that only a few of the troops do what you ask? I often hear things like “I don’t know how many times I have to say something to get them to do it right?” This is quite …
What is your biggest regret in business? When I look back, my biggest regret in business was that I did not engage business advice when I bought my first business. Coming out of a high level corporate role and purchasing a small business was going to be easy wasn’t it? After all, I had managed …
The majority of business owners we work with do not like budgeting. Whether it is because of a lack of excel skills, understanding the construction of how Profit and Loss or Cashflow statement are compiled or the fact it can be boring budgeting on your own! However, budgeting is revealing and a necessary exercise. It …
Lately, most of us will have been dealing with rising costs in our businesses. In particular, the rising cost of materials. This is not a new phenomenon, but the frequency of rises on materials has hit new highs and is not showing any signs of relenting any time soon. When it comes to dealing with …
