Running a business can be extremely rewarding but it’s not always easy! There are so many uncertainties that make doubts creep into your decision making. After all, you’re only human. It’s only natural to doubt yourself at times. With nobody to bounce ideas off and no idea who to ask for advice, it can be […]
The article by Colin German of CMG Consulta was published on the BCS Portal (January 2022). Click to read it. Technology has become a crucial factor that many businesses depend on in order to carry out their daily operations, to gain competitive advantage and to grow. Through our work with businesses we encounter many situations where […]
The article below by Colin German of CMG Consulta was published on Life On Point (January 2022 issue). Click to read it. It’s the dream of many to start up a business. Whether inspired by one’s passion, triggered by the urge to address an existing problem or just an opportunity which happens to present […]
The Restart Scheme by Malta Enterprise aims “…to support those businesses which due to the effect of the pandemic had to terminate operations, by helping them access advisory services and providing a kick-start grant to help them restart operations.” The scheme works by enabling businesses who had to shut down or had significant downturn in […]
Malta Enterprise has launched the Investment Aid 2021 Scheme that aims “…to sustain the regional industrial and economic development of Malta. This measure facilitates initial investments by encouraging the setting up of new establishments as well as the expansion and development of existing businesses.” Supported initiatives should lead to new opportunities, additional employment, increased […]
In past articles we looked at various aspects of culture such as the 4 aspects to nurturing a positive culture and how culture can make or break performance. In considering the creation, management and maintenance of a positive culture, human resources plays a critical role. We see 7 key areas where HR should be […]
Following our post on Corporate Culture – Making or Breaking Performance, we have received interesting feedback and, as a result, we are delving deeper into the matter. No matter how structured and organised a business is, success also depends on having a healthy corporate culture that encourages good and ethical behaviour. In this post we […]
Strategy is about finding your competitive advantage and using that competitive advantage to win. One way of developing an effective business strategy is made up of 3 key stages: Stage 1: Understanding your environment A business operates within an environment. It is crucial to understand how the environment is today and how it is affecting […]
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 […]
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 […]