Managing
Stop, collaborate and listen: Five tips for fostering enterprise collaboration
The benefits of collaboration within the enterprise are almost limitless. According to a 2014 Deloitte report commissioned by Google Australia, businesses with collaboration at their core are worth an estimated A$46 billion per year to the Australian economy. Moreover, the study also uncovered the massive potential for companies to inject an additional A$9.3 billion in […]
SMEs are not sale ready
The majority of small to medium sized businesses (SMEs) are not sale ready to take advantage of maximising the sale price when they sell. Approximately 50 per cent of businesses that have sought advice are not in a position to do so. In 2014 middle market mergers and acquisitions increased by 21 per cent according […]
Increasing cash flow with a chattel mortgage
If you’re a business, the lifeblood of your business comes down to one thing – cash flow. If you have bottlenecks in cash flow, it makes life tougher and it can be hard to catch up. When cash flow is tight, you may feel that necessary asset purchases such as cars or equipment need to […]
Work vs life: Forget about balance & learn to live with what you have
The balance between work and life is a constant struggle for most Australians. Undoubtedly, those working in the mining industry are having a harder go than most. The latest Australian Work and Life Index report highlighted that those in mining have the greatest negative work-life interference. Although there are huge challenges and continuous debate about […]
8 Things small business owners must do to prevent burnout
Have you noticed yourself feeling more anxious, exhausted, susceptible to mood swings, or unable to sleep at night? If any of these symptoms sound familiar, you may be a small business owner on the brink of burnout. According to a 2011 Australian Bureau of Statistics report, managers are the occupation group most likely to experience […]
The rise of the relationship-driven workplace
Organisations often view their workforce as an amalgamation of highly talented individuals bringing their own unique skills and experience to the table. Indeed, the strength of a team has traditionally been built upon the knowledge of individual members, who have all come together as a collective. As such when interviewing potential candidates, organisations tend to […]
Keeping your eye on the ball
Humans are creatures of habit; we subconsciously drift into routines that provide predictability and a sense of comfort and security. Habits and routines have their place – they get us up in the morning and into work on time but as soon as we stop achieving the desired result, we change them. As individuals, we […]
When crisis storms in
When it comes to crisis management, many organisations adopt the ostrich philosophy – they bury their heads in the sand, wishing and hoping that nothing bad will ever happen. But navigating the waters of a potentially disastrous situation requires more than just wishful thinking. As PR professionals, we need to be prepared and comfortable to […]
Managing hostile takeovers: management strategies for businesses in times of change
Malcolm Turnbull’s hostile takeover of Australia’s top job this week shines the spotlight squarely on the issue of leadership changes. No doubt, Mr Turnbull’s path ahead will be met with numerous challenges and overcoming them will test his leadership and management abilities like never before. Mr Turnbull’s party members will be experiencing many of the […]
How to deliver a winning business presentation
A presentation is a public performance of your very own show. The show is remembered by the highlights, the laughs, the drama, and the pathos. However, as a business person you will be wise to avoid the facets of a Hollywood production and focus on your business goal. Below are some tips on how to […]
Lost art of business etiquette: Impact of social media
Social media may be the new communication paradigm but it is having an adverse impact on the way Australians conduct themselves professionally. It has, in fact, dulled our professional IQ. The way people behave in a business context is a hot topic. Under scrutiny is how we talk to each other, the way we write […]
5 Management practices on the way out
In my mother’s day, women were expected to quit their jobs when they married. Smoking at your desk and boozy lunches were still the norm. This concept seems crazy to us, and in ten years time, I believe we’ll also look back on our own common practices and ask: “What were we thinking?” The problem is […]