Much has been written about the impact Covid-19 is having on our businesses, on our companies, on the reduction of demand, the concerns for jobs, the uneasiness about a company’s future and the actual speculation of whether many businesses will still continue to exist post Covid-19. Behind all this, one cannot forget the pressures felt […]
The current Covid-19 induced crisis forces businesses to act or go bust. In recent articles we have been highlighting a number of actions for businesses to take into consideration when looking at survival in Covid-19 times. We have also explained that for businesses to survive they need to think ahead. The reality is that businesses […]
Once the COVID-19 pandemic is over, it can be safely assumed that in the immediate aftermath, the majority of people will look for relief from the stress and the many days of boredom in lock down. There will be possibly be a mini revival of activity as people seek community, where they physically meet their […]
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 […]
Outsourcing had become quite a buzzword that is thrown around and possibly used, misused and abused as a concept. In summary, outsourcing means moving an activity to an external service provider rather than doing it within your company. There are many arguments for and against outsourcing however, in considering outsourcing, it is important to firstly […]
Working with businesses has led us to meet a large number of managers who are very successful at what they do. Their staff love them, the numbers look good, customers are happy… essentially all the right messages that a business owner wants to see from his managers. However… when speaking to the manager, we get […]
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 […]
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 […]
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 […]
In working with many businesses common phrases heard are: “I can’t go on holiday“ “If I leave all the work will stop“ “I can never switch off my phone as the office needs me“ … … and the list goes on. In short we hear many staff, managers and even owners who feel that, without […]