People and Leadership are two elements that will help your business grow. Learn more about how both elements connect to make a business better.
Setting the Scene When business owners are asked if they intend to bring key staff into the company shareholding fold, the response is often along the lines of: “No, I was going to see them right when the deal gets done.” This response is wrong, or at least short-sighted, on several levels. A business with […]
Continue reading
Whatever stage of growth or maturity of your business you will at some point experience what we might call “pivotal moments”. Typically, signing a substantial new contract, taking on a new shareholder, opening a new facility – exciting and all potentially taking your business in a new direction. But one such moment which does not […]
Continue reading
First, I do not do holidays! That said, I was fortunate enough to recently spend 2 weeks totally outside my comfort zone. Not in a business context – although there are a huge number of lessons to be learnt, I am sure – but on a “working” holiday with my brother in Indonesia. Now, this […]
Continue reading
Proper financial management is not a luxury when it comes to running a successful business; it is essential if your organisation is to maximise profits and give you a high return on your investments. Therefore, you should attempt to make it a critical aspect of your company’s planning and processes. To achieve this you need […]
Continue reading
When it comes down to your customers, they each have a lifetime value. This value is important because it can help you determine just how much time and money to invest in acquiring a customer. With this information, you can do detailed budgeting and marketing avenues scrutinised to check they are worth the spend. So, […]
Continue reading
When you are looking to tighten the financial aspects of your business it is always best to look for a quality Chief Financial Officer, or “CFO”. A person in this position must have particular qualities and you should have a certain vibe when you meet them. Otherwise you will find that the working relationship is […]
Continue reading
Recruiting and maintaining staff can be one of the most expensive costs for your business. It isn’t just the wages that you need to consider when hiring staff. Making the wrong hiring decision can be disastrous. Therefore, it is important that you consider the hidden or forgotten costs of employing new staff. It is especially […]
Continue reading
Back in the nineties, interim managers were selected for their broad business experience, managerial ability and agility. One writer on the subject even went so far as to suggest that successful interim mangers were generally thinner and more athletic than the norm. While you can’t get away with such sweeping generalisations about the BMI of […]
Continue reading
The reality of business today is that organisations are much more widely dispersed. Even smaller organisations might operate from multiple sites that make justifiable business sense. Whilst there may be good reasons for having staff dispersed, people management becomes more of a challenge for those leaders that that have responsibility for performance and development. For […]
Continue reading
A guest blog by David Croydon of Hilltop Consulting. If you run a business (that is to say, a proper business with employees, not the lifestyle business I run), I’ll have a bet with you that virtually every problem or issue you confront comes under one or more of three simple headings: Time; Team; Money. […]
Continue reading