Strategy

It's not what you know, but how you apply it that counts

It’s not what you know, but how you apply it that counts

Cultures around the world generally respect their elders as they have the wealth of information with them in their lives. If we were to learn from their experiences, we become wiser than we are now. We can do the same in the area of businesses as well, we can learn from other businesses. There are …

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In managing a business, mistakes can and do happen, but if you do go about making decisions the right way you will maximise the possibility chances of you making the right decision, given your business and given your resources.

How to Make Better Business Decisions

In managing a business, mistakes can and do happen, but if you do go about making decisions the right way you will maximise the possibility chances of you making the right decision, given your business and given your resources. We all know that making mistakes is part of growing business just like in life.  The more mistakes we make …

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How a little distraction can go a long way

How a little distraction can go a long way – Part 1

Distractions are hard to avoid as we work on our business and many of them essentially warrant our immediate attention (aka Fire Fighting). However, these distractions can also divert our attention from the most important task of taking a look at the bigger picture of building the actual business. One good case of distractions getting …

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The Challenges and Rewards of Diversifying Your Team

The Challenges and Rewards of Diversifying Your Team

As business owners and managers of teams, we sometimes stereotype the behaviour of people from certain cultures when it comes down to working with them. At times, managing a culturally diverse team can be demanding. But can the business benefit from it? Managing a business team with members coming from different cultural backgrounds has its …

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When does your business benefit from seeking professional advice?

When does your business benefit from seeking professional advice?

Business owners generally do not look towards external consultants as their first option to utilise when they want to grow their business. However, there comes a time when the business owner exhausts their internal resources of expertise to grow the business and then looks towards external parties provide an alternative viewpoint to work through and …

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How to do things better? - Increasing your Business Profitability

How to do things better? – Increasing your Business Profitability

All business-owners are focused on improving their companies  in one way or another. Motivated by passion or competition, companies understand that if nothing is invested into improving the business, it will stagnate – affecting both productivity and profitability. However, it’s  easy to say that you need to improve your business; but how do you actually …

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The Challenges and Rewards of Diversifying Your Business

The Challenges and Rewards of Diversifying Your Business

When your business is ready to grow, it’s important to identify just how you can make it happen. There are, many ways to develop your business, but one of the most common approaches is to diversify – to offer something fresh to your customer base, or target an entirely new demographic.   Should You Diversify? …

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succeed in business

How the Failures of Others Can Help You to Succeed in Business

You may have come across the term ‘the paradox of failure’. It’s the idea that failure can actually produce success – but how does that actually work, in real terms? In this article, we’ll explore how failure can occasionally be a great thing for you to succeed in business. Feelings of Failure All of us have …

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