Blog - Insights which can make a difference.
Detailed practical information and knowledge on important subjects for being successful in our regional, rural and remote communities.
You might not avoid adversity, but you can minimise the impact. Should significant adversity occur in the future, you will again suffer both financial and emotional pain? The wise business owners and managers will make preparations which avoid adversity and will minimise problems. Build up a ‘rainy day’ account during the good times. First, figure…
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Bolder businesses outsource to make it easier. At start-up, most business owners do it all, from sweeping the floors to sweating on marketing. It is born of necessity, but as time passes the assumption can become, “I’m the only one that can do this the right way”. Outsourcing can build bolder businesses while improving the…
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I first started in my own business, in the agricultural machinery industry, at the ripe old age of 24. I was used to winning; everything seemed to work for me; I rarely felt the ill winds of adversity. When I look back on those ill winds of trouble, I understand the importance of making mistakes…
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How competitive forces shape strategy In 1979, a young associate professor at Harvard Business School published his first article in the Harvard Business Review, “How Competitive Forces Shape Strategy.” In the years that followed, Michael Porter’s explanation of the five forces has shaped academic research and business practice. The five forces govern the profit structure of…
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