Category: Transform

COVID-19 has taken over our thinking and has put all of us on high alert. We are all concerned and worried for the welfare of our loved ones, close and distant friends and neighbours. As businesspeople we are also worried for the future of our businesses and of our employees.   What we know so […]
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WHO (World Health Organisation) has declared the COVID-19 virus as a global pandemic. A global recession is expected and unfortunately the COVID-19 is already impacting worldwide economies. In Malta the most visibly hit have been businesses in the travel, hospitality and entertainment-related industries. However, the economic hit is expected to grow as consumption of certain […]
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A work week has gone by and it’s been tough. Many decisions were taken, many people were spoken to, many tough conversations were made and there was continuous action. The weekend is now here and it seems like a great relief to see a gap in the week where the office is closed, clients are […]
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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 […]
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When a business’ performance is not satisfactory, sometimes it is not immediately clear what is impacting performance. One aspect that is sometimes misunderstood and very often overlooked is Corporate Culture.   The problem with corporate culture is that if it goes unchecked it can become toxic to the business and the results can be quite […]
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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 […]
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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 […]
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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 […]
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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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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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