In what is becoming a tradition this time each year we have been talking to SME business owners about the key business challenges facing them including customer experience, product and services innovation, staff productivity and sustainable profitability amongst other challenges and what they expect to have the biggest impact on their businesses during the next 12 months?
Whilst on shore heavy manufacturing has taken a battering in recent years, niche pockets are still able to thrive. The advent of AI could be perhaps far more of a benefit to manufacturers than service sector businesses, as physical products cannot be substituted by code. Machine learning will bring the opportunity for new manufacturing methods and physical products. There could even be a resurgence of micro-manufacturers.
As a small business owner, and advisor to other SMEs I get the chance to regularly check in on what is happening in the office and get to talk to many staff. Not surprisingly, generating revenue growth and financial survival is the highest priority. However, for many...
Creating an effective content marketing strategy is one of the hottest topics in SME business circles in 2017. From personal experience I can vouch that many SME business owners lay awake at night wondering just what is needed to break through to the right prospects when it comes to content marketing. There are so many channels to work through and so many “experts” who will guide you it is not long before your head starts to spin.
What makes a prospect buy from you? And how can your business improve converting Leads to Sales? It is a truism that you only have a business once you have customers. It is the perennial challenge of all business owners to engage with prospects in such a way they will want to buy from you rather than your competitors.
So you want to be a successful startup CEO? Is being a startup CEO a glamorous job or one that is only for masochists? It depends!
Have you ever wondered why successful CEOs use outside business advisers and mentors? Here are six reasons to consider using an experienced business mentor to improve your performance.
Recruiting and identifying your next CEO can be fraught with risk. But while the risks are known, they can also be managed, so that in the end, the board and its search committee feel strongly that the individual they have chosen will prove to be the right choice. So how can you ensure that your business can successfully onboard a new CEO?
Elon Musk started with nothing more than his desire to be a world changing entrepreneur. Now in 2017 he has successfully built Zip2 and Paypal before selling out and starting all over building SpaceX, Tesla and Solar City into companies that rival Microsoft and Apple in terms of how they are changing the world, not to mention the wealth creation in the process for all involved.
Elon is a master at raising capital so why not learn from how he does it? Not every entrepreneur can expect to be an Elon Musk but the way he went about raising capital and building great businesses is well worth studying.
Aged care service provision in Australia is undergoing massive and rapid change, involving a necessary rethink of existing modes of delivery that have dominated the industry for years. These changes to existing models are not being brought about by the new private sector players, who increasingly are playing an active role, but by the changing demographics of our ageing population and the shift in behaviours and expectations of people as they age. So what is the future of Australian Aged Care?