This time four years ago, we were holding our collective breath and worrying about business continuity. For those of us who are optimists, the silver lining of business adversity is that it exposes us to the hard facts while providing occasion to correct weaknesses, learn and capitalise on opportunities presented.
We first talked about business continuity planning in earnest back in 2020, when we were all facing the worry and uncertainty of the global pandemic. Three years on and much has changed, except perhaps feelings of business uncertainty.
As your business grows, budgets and projections are needed for understanding your financial viability, but it’s also important to consider ‘worst case scenarios’ that could disrupt your operations. This is why business continuity planning is invaluable, particularly as we navigate ‘the new normal’. While it’s difficult to predict every scenario (the last two years have…
Every business leader knows just how important it is to have a great team. In fact, many successful business owners will tell you that the trick is to hire well, and then get out of the way. But there’s more to team building than simply finding people with the right mix of professional skills. A…
Dealing with distractions at work is always challenging. Add in unsettling news headlines, ever-changing restrictions, and you’ve probably been finding it more difficult than ever to stay focused. When you’re operating a business, you can’t afford to let distractions derail your purpose, productivity and indeed, your profitability. Here, we look at steps you can take…
“Ideas are useless unless used. The proof of their value is in their implementation. Until then, they are in limbo.” So said Theodore Levitt way back in 1974 in his book, Marketing for business growth. What remains just as relevant today is the understanding that there’s a world of difference between having a plan and…
As a business leader, you place a certain level of trust in your team to deliver on the vision you have for your business success. A lot of time and effort goes into hiring the right employees, but that’s only half the battle. Setting the standards for quality in terms of attitude, processes and outcomes…
Each day brings new challenges, all vying for your attention. It can be overwhelming, and many business owners fall into the trap of getting bogged down in their ever-expanding to-do list and don’t actually get things done. Time management is important, but more so is having a sense of urgency. Identifying what’s urgent versus important…
2020 has taught us that we can’t always be prepared for the worst-case scenario. But as a leader, adapting to change is an essential part of positioning your business to recover – and even thrive – in fundamentally altered circumstances. In this article, we’ll share our tips for successfully leading your business in adapting to…
Often as we navigate our way through tough times, true leadership falls by the wayside. That old trap of spending more time working IN your business rather than ON it may seem like the only way to keep your head above water. But if COVID has taught us anything, it’s that good leadership can mean…