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Business

5 Tips For Promoting Accountability In The Workplace

7 February 2022

Accountability. 

It’s what all business leaders aspire to provide their teams with but many struggle to fully give – to the detriment of everyone.

That’s because, instead of empowering people to take full responsibility for their own projects with autonomy, business owners are worried about fully letting tasks go, usually under the excuse of trying to save or protect their staff.

However, this means that employees are prevented from developing, owners never have enough time because they’re doing everything, and all of this holds back business growth.

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5 Tips For Promoting Accountability In The WorkplaceRead More

Filed Under: Business

How A Business Dashboard Can Help You Sleep Better At Night

1 February 2022

Running your business is like driving a car.

When it comes to driving, part of the routine is to check it’s in good working condition before jumping behind the wheel.

You’ll also find a dashboard that will display critical data, such as the temperature of the engine or the amount of fuel in the tank. It also alerts you if there are any issues before setting out, such as an open door, an unfastened seatbelt, or a problem with the engine.

While the dashboard cannot fix the issue for you, it can certainly let you know so you can tend to the problem and fix it before moving forward.

…

How A Business Dashboard Can Help You Sleep Better At NightRead More

Filed Under: Business

How To Experiment with your Business Model To Unlock More Potential Success

13 December 2021

Back when mobiles phones were simply basic handheld devices predominantly used for calls only, Blackberry emerged with an innovative larger screen and keyboard design that changed the way we would converse forever.

However, when other competitors began rising to the challenge in a bid to stay relevant, Blackberry failed to further adapt its business model as the market evolved, and they soon found themselves left behind as touchscreen smartphones became the talk of the town. 

This is just one of thousands of similar scenarios where brands at the top of their market have struggled to experiment and keep up with the rapid changes in their industry.

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How To Experiment with your Business Model To Unlock More Potential SuccessRead More

Filed Under: Business

11 Ways To Improve Your Business’ Short-Term Cash Flow

9 December 2021

In my many years spent working with organisations of all shapes and sizes, I’ve noticed that most businesses focus heavily on their long-term goals.

While this is usually a great thing, it can inadvertently leave your business struggling with short-term cash flow.

Although your business may be turning a sizeable profit on the books, you’re also receiving multiple bills and payable invoices every day. If there’s no available cash on hand when it’s needed most, this can cause a serious problem.

However, it can be managed. Here are some tips to help.

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Filed Under: Business

5 Ways To Develop A Strong Business Culture

6 December 2021

As someone who manages a business, you’ve probably heard countless times that having a strong internal work culture is essential to achieving success. 

Having a positive company culture reflects how people in your company think and behave. It encompasses your values, practices and expectations, including your overall approach to customers and stakeholders.

So, how can you actually shape your culture to be better? What’s the best way to optimise organisational culture?

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5 Ways To Develop A Strong Business CultureRead More

Filed Under: Business

How To Conduct A Proper Debrief As A Business Leader

23 November 2021

What do you do once you and your team have finalised a big project?

Do you have them move straight onto something new? Or do you sit down and talk about how things went?

See, most businesses tend to plan, act and repeat without taking the time to assess their actions, decisions and outcomes afterwards. This debriefing process is often overlooked – causing teams like yours to miss a vital opportunity to learn, adjust and improve their approach for next time.

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How To Conduct A Proper Debrief As A Business LeaderRead More

Filed Under: Business

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