News

February 26, 2016

Corporate governance applies to all businesses from the huge multinationals to the modest SME, and yet many organisations neglect this fundamental aspect of running a successful business.

What is corporate governance?

Corporate governance refers to the set of systems, principles and processes by which a company is governed. They provide the guidelines as to how the company can be directed or controlled such that it can fulfill its goals and objectives in a manner that adds to the value of the company and is also beneficial for all stakeholders in the long term.

February 26, 2016

Special close and fiduciary type relationships

Special close and fiduciary type relationships are enhanced in any mentoring relationship where the mentor is well experienced, has the required skills and personality to mentor and is independent of the executive’s organisation.

Typically, in a pure fiduciary relationship a person prudently takes care of the best interests of and often the money, investments or other assets of another person. It is a very trusted and privileged position to be.

February 25, 2016

We are all challenged by competition for our customers’ business and most face increasing competitive pressure in their business sector.

To grasp needed growth or just to survive in highly competitive areas is tough. To thrive against the competition you need to adapt your business and improve in critical areas such as

February 25, 2016

Group think creeps up

Group think creeps up and can dominate just about any group activity. These crucial group processes include problem-solving, developing opinions, wholesome discussions, and critical decisions that need to be made.

Group think can manifest itself particularly where members of a close-knit group are like-minded with similar opinions to each other. This leaves little room or tolerance of independent, critical evaluation or challenge. Insidiously, the group thinkers mentally put more emphasis on conformity than on independent thought.

February 26, 2016

Family businesses play a major part in our economy and society, many owners want to see their children and grandchildren carry on the tradition but only 30% pass to the second Gen and only 15 % to the third Gen. The reasons vary but include:

1. Family members did not communicate well or handle confrontation or conflict. This festered and problems impacted the business.
2. Making each family member happy, took precedence over business and the business became uncompetitive,

February 25, 2016

Where you are in business, there is always something you can learn to your advantage.

Business owners can learn from many sources:

• Competition
• Industry groups
• Employees
• Experienced International Business Mentors

Leverage business success

Improving your understanding can help you leverage business success.  Highly successful business people constantly seek to improve and develop their success.

Therefore developing a culture in your business whereby you lead unashamedly and invest in your own development,

February 25, 2016

Entrepreneurs occupy a central position in market economies. For it’s they who kick start the economy’s engine, activating and stimulating all economic activity. Nations’ economic success worldwide is as the direct result of encouraging and rewarding that entrepreneurial instinct.

Yes, entrepreneurs drive economic growth

“Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.”   Ronald Reagan

How many entrepreneurs are there?

“Conservative estimates state that over 400 million people in 54 countries are actively engaged in entrepreneurship- (loosely defined as starting and running new businesses).

February 25, 2016

What do successful leaders say is important with people?

We all know that great people and strong teams are the foundation of business success and growth in Australia and around the world.

Many people arrive with strong technical skills and these can and are taught and honed.  Critically the less tangible skills such as leadership and interpersonal skills require the same investment but with a slightly different approach.

What does leadership development need?

February 25, 2016

The world continues to change rapidly and we need to keep up

This is especially true in the business environment, where competition is rife.  Therefore it is imperative to embrace change, adapt to the market and take advantage of sound opportunities as often as possible. This is just to stay ahead in the “new normal” i.e. our fast moving and challenging business environments.

Digital evolution is the competition for most businesses

Marketing our goods and services in the digital world will continue to grow and morph at a faster rate,

February 25, 2016

Does Your Organisation Recruit the Right People

Getting the wrong staff hurts your business

Unfortunately, the majority of large businesses, government departments, SMEs and small businesses continue to suffer the significant loss of time, resources and revenue, from recruiting inappropriate people.

Unless your organisation has dedicated and qualified staff to recruit the right people at all levels, then you risk the same annoying and repeated waste of time, not to mention the lost opportunity performance of getting the right people into the positions.