Category Business Tips

When It’s Working Change It!

There is merit, if not necessity, in changing things that are working ! Years ago that would have been considered a nonsense. “If it ain’t broke, don’t fix it” it was said. But it is now a logical, provable contention…

Stop the Industry Speak

Using industry speak is a real trap for a business for two reasons. It can cause it to lose the feel of what it is really about and, worse, it can negatively affect the connection with the customer. Both of…

Good to Great in Business

Taking a business from Good to Great is difficult … but staying there can be even more difficult. Clarity and alignment of stakeholders’ goals is critical for sustained success. The objectives of equity holders, (key) internal personnel and customers must…

What’s a Business Really Worth

The answer is ‘what someone’s prepared to pay for it’ and that is only known when it’s actually tested. It’s no different to the value of a house. Business owners too often delude themselves by what they think their business…

Financial Mistakes Businesses Make

Privately owned businesses are not renowned for their astute financial management … and that is really quite absurd given that it is one of the fundamental reasons for being in business in the first place. To be complete it should…

Engage or Sell

One significant change is affecting many businesses and those that are dealing well with it are benefiting …. those that aren’t may be suffering. The change is the difference between selling product and engaging an audience. Whilst it would be…

Giving and Receiving Feedback

Feedback is an important mechanism to improve the performance of individuals, teams and organisations. This article looks at some key (as well as some challenging) ways to deal effectively with feedback. The more challenging aspects of giving and receiving feedback:…

Networking Today

Networking involves establishing relationships with an individual, groups of people or organizations who can help advance your career or business in some way(s) . There are four elements in that, as noted: It’s about establishing relationships not just contact. Little…