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Lessons from Geese

I found this article in local church magazine many years ago and kept it safe to share with others Read these facts and think how businesses leaders can learn some brilliant lessons from geese. I just love fact 4. Fact 1: As each goose flaps its wings; it creates u plift for the birds that follow. By flying in a V-formation, the whole flock adds 72% greater flying range than if each bird flew alone. Lesson People who share a common direction and sense of community can get where they are going quicker and easier because they are travelling on …Read More

PREPARING FOR A DIFFICULT MEETING / CONVERSATION

Preparation is the key to any successful meeting / difficult conversation. It will give you confidence to conduct the meeting in a structured and professional manner. Use the template below as guide in your preparation:- Name: Preparation Date:                                                  Meeting Date: Proposed Attendees:   Meeting Purpose – Why are you having this meeting?    Objective – What would be your preferred result from this meeting?    Premise – What do you already know about the subject matter / people / situation?    Meeting Strategy- How will you achieve the preferred objective & can you measure it?    Anticipation- What might the …Read More

10 Post Lockdown Business Tips

  Gather, understand & follow your data. Monitor your pipeline. Look for the trends in your data. Keep close to your customers. Operate with a plan do check act philosophy. Create & use a post lockdown dashboard of key data. Look forward and respond wisely to your data. No knee-jerk reactions Stay agile & spend time working ON your Business. Take Care, Be Safe & Be Happy #businessplanning tips

Tips on Selling your Business

Selling your business – preparation for sale; key items: Is your business in peak condition? If not, you are never going to realise its maximum potential. Consider this: would you ever sell your car without first giving it a valet and ensuring service records are up to date? No. So do the same with your business – clean it up and ensure it is fit to sell. With that in mind here are some top tips for ensuring that your business is prepared and in “tip-top” condition Firstly, obtain a valuation of your business to ensure that your expectations are …Read More

Reasons for Mergers & Aquisition

Why do you want to acquire a business? Organic growth is difficult or not possible or not quick enough Diversification of product or market Removing a competitor Synergy with the target acquisition Tax efficiency, buying a failing / loss making business can reduce Corp tax liabilities Valuable patents or IP held by the company you want to acquire High value assets that are disposable of the target company Ego or vanity Marketing ploy to enhance your current brand or company Vertical integration Investment into management teams   Key Tip It’s not possible to eliminate risk, but highly recommend as much …Read More

What Leadership Shadow do you cast?

“A leader doesn’t just get the message across; They are the message.”  Business culture lies at the heart of many merger clashes, strategy failures, and change initiatives, too many Directors and senior managers approach organisational culture as they might the weather: everyone talks about it but with the assumption that nothing can be done about it. Lack of collaboration is only one cultural traits impacted by the shadow of the leaders. You could substitute many things, including: blaming, stress, lack of coaching, resistance to change, hectic, hierarchical, risk-averse, and so on. The values, habits, and biases of the founders and …Read More

Ten Tips for Networking

Ten Tips for Networking Give – Be generous with your advice and time – do not go to an event just to take and move on When you leave the event you want to leave people with a positive image of you. Keep your contacts data base up to date with notes on when and where you met Be patient, networking tales time, treat it as an investment that may not pay dividends for months. Attend events that are relevant to you and your career – do not become a networking addict. Your time is precious, use it wisely. Remember …Read More

Refocus Your Team on the New Strategy

Most strategic change initiatives fail or at least hit some major bumps along the road. Ifyour team is struggling to adapt to a new strategy, try these three steps to get them back on track: Push decision making down. If people are told to act differently, they feel like “doers” with little control or power. Let people make choices about how they will contribute to the new strategy. Ask for input. If your people are stuck, ask them to suggest ways to remove the barriers that are holding them back. Share successes. No one wants to change if she / …Read More

Give Up Control & Grow

Leaders who micromanage do a disservice to their company, their employees, and themselves; worse yet, they are often preventing their companies from growing. If you are struggling to grow your company or unit, one of the smartest things you can do is give up control. Here’s how: Push down decision making. If you’re making all the decisions, you’re only holding your company back. Push decision making down to the lowest possible level. Accept that mistakes will happen. Sharing responsibility with others means things don’t always go according to plan. Prepare your employees to avoid mistakes by being clear about your …Read More

Look up and back – Do Not Get Distracted

In business, it’s important to set goals, achieve a sales target, grow the company-and lay out the strategies you believe will get you there. A clear strategy that dictates the process for achieving goals can be comforting, but be careful not to let it distract you. Don’t keep your head so focused on the process that you lose sight of the bigger picture. Look up and back on a regular basis and remind yourself what you have and what you are trying to achieve. Markets change, customers change, and even your company changes; looking up ensures that you don’t miss …Read More