Planning
Business model fundamentals matter.
What will the future look like, when you don’t have the business model fundamentals in place. Or, when we all start to recover from form a drought, flood, fire or the recent COVID-19 pandemic? It’s essential to remember “this too shall pass”. And, equally valid, some parts of the economy will make the shift in…
Read MoreStart-up pitfalls to avoid early.
Be sure you like the town or village, and it can support your ideas. Avoid the start-up pitfalls by getting off to a good start in a community you like. You can research by reading, the Internet and keeping up-to-date with business magazines and industry journals. It would help if you also conducted market research…
Read MoreCoping better will require new approaches.
Approaches you can take to cope in times of adversity. We all face adversity from time to time, but some flourish, while others seem to keep struggling. Hard times happen, but there are ways you can be coping better and can move through them and come out the other side with a better outlook than…
Read MoreOvercome challenges, in times of adversity.
Overcoming challenges means overcoming risks. We are in challenging times for all businesses, and now it’s become increasingly clear that COVID 19 pandemic is not going anywhere anytime soon. We all have to learn how to overcome challenges and let the show go on despite this unprecedented crisis. Overcoming challenges where the outcome is unclear,…
Read MoreFood security is always a critical issue.
Food security impacts value chains. Australia produces enough food to feed three times or more of our population. However, it doesn’t mean we won’t have problems with food security and value chains. The issues are likely to arise with supply chain problems in getting food from paddock to plate. Overnight, the COVID-19 pandemic has thrown…
Read MoreValid concerns require sound decision-making,
Decision-making becomes hard without wasting time. Of course, you will save time in the short-term by not doing anything. Which is fine if it’s a well-considered strategy, Be beware, putting off valid concerns can lead to bad mind-traffic which is to be avoided. The good old days and ‘normal’ operations are over as the bad…
Read MoreInvolve employees in your strategic planning.
Involve employees and other stakeholders in your planning. Employees were once left out of strategic planning and mired in old routine tasks and paper-dependent processes. But countless developments in our economy, culture, technological landscape, and recovering from the COVID-19 pandemic is changing how we manage anything and everything, and we need to involve employees. Employees…
Read MoreLock-down refinements can maintain productivity.
Lock-down refinements help employees refocus as they work remotely. To the untrained eye, people who are working remotely at home looks a lot like doing nothing. A sure sign lock-down refinements are needed. Because of the COVID-19 pandemic, we’re almost all working from home, and most are inexperienced with the home working environment. Having worked…
Read MoreAdjust activities to bring out the best possible outcomes.
What can you do in business during a crisis? I’m guessing you’re not going out and doing things as much as you usually do and you need to adjust activities. In the Japanese language, the symbol for crisis has two symbols. Crisis = Danger + Opportunity. Yes, I’m over 70 years old, and such adversity…
Read MoreLock-down doesn’t mean everything has to stop.
What to do when you’re in a ‘lock-down’? Today, with aa lock-down it feels like the world is in serious trouble as COVID-19 spreads out of control around the globe. Business owners and corporate leaders alike find themselves in uncharted waters in dealing with the virus. They have many questions about containing the spread among…
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