Growth

Know your change potential

06/10/16 - Growth, Innovation

Why is it that some businesses seem to be able to constantly reinvent themselves while others get left behind? Read about what characteristics can make a business more or less able to adapt to change.

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Key lessons for business owners from the Dick Smith saga

06/10/16 - Financial Performance, Growth

The recent collapse of the Dick Smith chain highlights the fact that no business is immune from potential catastrophe. But it begs the obvious question – how can a company as big as this and turning over $1.3 billion – a listed company – fail? No doubt we'll hear more in the months ahead as the receivers get to work. However, the lessons are the same for every business - from the corner store, to family businesses, to listed companies.

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My top 4 tips to future proof your business

06/10/16 - Financial Performance, Growth

The literal definition of future proofing is: the process of anticipating the future and developing methods of minimising the effects of shocks and stresses of future events. Sounds a lot like planning doesn't it? You'll also note the significance of the word "process". This suggests that future proofing is not about one-off gimmicks or quick fixes - it is a course of action, an ongoing function.

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Female archer in the field at sunset

How to develop a meaningful vision statement

06/10/16 - Growth

How often do you walk into a business and see a vision or mission statement on the wall? How often does it stop you in your tracks, tug at your heartstrings or inspire you to do something different? My guess is not too often, but there’s one way to change that.

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