Things have been tough recently, we’ll make no bones about it, but if the answer to our title question is a resounding yes, or even just a maybe, this is an exciting time. And regardless of whether you’re a get-it-all-down-in-Excel person, or are happy just to jot things on a piece of paper, your mind is no doubt buzzing with all sorts of ideas and questions.
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Strategy can be a scary word for a small business. However, having a clear strategy for the direction of your business can help you make clear decisions about where you want your business to be.
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Many business owners only start to think about the true value of their business as they approach retirement and begin to explore the possibilities of selling their company. But what they tend to find out is that the things that add value to the business are the very things that help grow a business successfully.
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When I first went self-employed, some eight and a half years ago now, one of the pitfalls I hadn’t planned for was how to make effective decisions.
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One of the biggest challenges in today’s world is the lack of accountability. We see world leaders not being held accountable on issues of equality and diversity or climate change, we see celebrities and politicians acting as though they are above the law and it has an impact.
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Today in the UK we need about 2.5 planets to provide the resources for our consumption and absorb our waste annually. By resolving to be a better business; reducing negative impacts on and generating positive impacts for your key stakeholders you have an opportunity to be a force for good.
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Some time ago you left employment to set up on your own. Whether it was your own choice or one forced on you by redundancy you’ve made a success of turning your specialist skills into a service others want to buy. You’re now looking at how you can grow further.
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There is an old saying that to assume makes an ASS out of U and ME. This saying highlights the fact that often when we make assumptions we are misjudging or misunderstanding both our own position and that of others.
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To help ensure that your business personal adventure is a successful and profitable one, here are some tips and strategies to make your efforts more fulfilling and focused for your success.
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Coming out of the last couple of years with the pandemic, a war in Ukraine, inflation and the volatility of energy markets you could be forgiven for hoping for some reprieve from challenging market conditions.
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Each time you lose your breath in the beauty of nature or even a sappy, happy movie, you find the moment – and by taking the time to collect those moments, you get to relive them in every moment now.
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No matter how successful they are, no matter where they are in our business journey, one thing most successful business owners agree on is the importance of a mentor in their past and continuing development.
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There has for many years been an increasing need for services such as food banks, in fact over the last decade there has been an exponential growth in food bank usage.
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Businesses refer to their strategy but what does that really mean? Strategy is commonly defined as “A plan of action designed to achieve a long-term goal or overall aim”.
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Stress is a completely normal, healthy physiological reaction to a (real or perceived) threat. Sometimes we react beyond what would be considered appropriate to the situation.
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A strategic plan is invaluable for an organisation’s success, whether it is a commercial entity or a charity. It sets the course for the organisation to reach its goals.
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A lack of management commitment to change and a failure to hold a compelling vision of the future with their employees are holding back global mature manufacturers when they attempt to make a move towards `lean manufacturing`.
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Communicating the right information to the right people in a manner that they can understand is crucial to being trusted.
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Despite the law protecting against age discrimination, the over 50’s can feel overlooked for career opportunities, and find it takes longer to secure a new role.
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Most businesses are a reflection of their leaders and so it is important that you as a leader understand and promote teamwork within the company and the people.
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