Hidden Value: A 3-Part Approach to Hiring High-Potential Employees French economist Jean-Baptiste Say characterised an entrepreneur as one who “shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.” This expands the term’s literal translation from the French for “one who undertakes” to include …
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Becoming a High-Performance Leader: Breakthrough Mindset Being an effective leader is all about having the right mindset. Sometimes, everything falls into place effortlessly – changes happen smoothly, and great things get done. Other times, it feels like we’re stuck. The key difference? Our mindset. High-performance leadership kicks in when we step out of …
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5 Strategies for Identifying Innovative Candidates to Replace Yourself as Founder Founding a company is a significant achievement, but ensuring its success beyond your direct involvement requires strategic planning. If you find your business overly dependent on you, it can have detrimental consequences down the line. The most valuable businesses don’t rely on …
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Revolutionising Career Progression for Your Star Managers How we approach career advancement can significantly impact the success and innovation within our organisations. There are pitfalls with traditional promotion practices, especially within the middle management layer—a tailored and strategic approach to nurturing and rewarding star managers is often more effective.
Technology Investment Boost (“TIB”) The Small Business Technology Investment Boost (“TIB”) allows small businesses with an aggregated annual turnover of less than $50 million to deduct an additional 20% of the expenditure incurred for business digital operations. This also extends to small businesses digitising their operations on business expenses and depreciating assets such as portable …
Core Values as a Growth Catalyst: The $14M Journey of Sauceda Industries In the competitive third-party logistics (3PL) sector, Jay B Sauceda turned Sauceda Industries into a standout business, ultimately reaching $14 million in sales before being acquired by Cart.com. His secret weapon? His core values: “Yes, And,” “Explore More,” and “Give a …
One Tweak That Can (Instantly) Add Millions to The Value of Your Business If you’re trying to figure out what your business might be worth, it’s helpful to consider what acquirers are paying for companies like yours these days. A little research will probably reveal that a business like yours trades for a …
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By Mikesh Raithatha Your Roadmap to Higher Performance in 2024 The 70-20-10 model highlighted in this Harvard Business Review article, states that successful professional growth comes from a combination of 70% work experiences, 20% social interactions and 10% from formal education and professional development. The same concept is applicable for business performance and in …
By Mikesh Raithatha Challenging Your Product or Service Offerings for Success in 2024 Part of an effective business strategy is understanding your market, where you will play and how you will win in that market. That is, who a business’s target customers are, its value proposition and its unique key capabilities to deliver.
By Tony Monisse Strategic Plan Mastery: 6 Questions to Consider for an Agile Strategy in 2024 Business owners and managers need to stay ahead of possible disruptions for 2024. We can expect the continuing stream of new technologies and changing customer and employee expectations to continue this year. The pace of change is …
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