Category: Business Status Assessment

Covid-19: The External Ingredient for Business Survival and Growth

Everyone in a company, as well as external stakeholders, look at managers and business owners for direction, decisions and guidance in the running of the organisation. Management are consequently, under considerable pressure to take decisions relating to the business. Their role is always about balancing decisions relating to the business survival and growth, with the […]
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Mediation and the Future of an Owner Managed Business

Owner managed businesses make up a good chunk of the economy. Some of these are actually family businesses that are in the second or third generation and have been passed down through time while others are fresh startups that have been started in this generation. In all instances, owner-managed businesses have a number of characteristics […]
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3 Common Pitfalls for Businesses Operating Without a Strategy

There are several reasons why businesses fail. Some fail due to bad management and weak leadership, while some others have failed because of market changes and unfortunate circumstances. However, it is also true that some businesses have failed, simply because they lacked a strategy. In our experience we come across 3 common pitfalls for businesses […]
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Succession Planning in Owner-Managed Businesses

Owner-managed businesses have grown in popularity over the years since technology has facilitated the setup of a business and the delivery of services. Many of these businesses were set up by a person with a vision and possibly with a particular skillset. Throughout the growth of many of these businesses, one sees the organisation grow […]
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Why do you need a Business Strategy?

In business you constantly take decisions on projects, developments, investments, hiring and timelines to name a few. In addition, your business does not operate on its own in a vacuum but in a market in which you have competition. So, in business you need to have a plan on how you are going to win […]
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Should all Managers Manage People?

As human beings, we are all different and all unique. This uniqueness flavours our interactions and our organisations yet it creates its own challenges to organisational setups and structures. One specific challenge presented by this great variety is in actually defining a manager. Various dictionary definitions of Manager exist yet all focus on the fact […]
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Business is a Journey Not a Destination

When we discuss business we find ourselves speaking about plans, objectives, goals, mission, vision and many other attributes that tend to define an end point. Lots of time and energy is spent on defining these, fine tuning them, disseminating them to members of our business and even painting pictures with them on the wall in […]
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The Risk and Reality of Indispensable Staff. A Win-Win Option?

Knowledge employees are hired for some knowledge or skill that they have. Throughout their employment this skill grows through training and experience. In parallel with this growth there is a progression within the company where the employee gains status and respect among peers for this knowledge and skill. This respect sometimes leads to promotion and […]
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