Good governance is good business, poor governance is risky business as we have seen again and again. When boards fail, it makes the headlines. ‘Sandpapergate' plunged Cricket Australia into crisis and resulted in the resignation of its CEO, James Sutherland; AMP's admissions of failure at the … [Read more...]
These posts and articles have been written by members of The Network Of Consulting Professionals. They express the many ways in which we can "Strengthen" a business of any size and facing many kinds of internal and external challenges.
We welcome the diverse perspectives, analyses and ideas that are sent to us and we share them to contribute to the value that we collectively deliver. Feel free to comment on the posts that are of particular interest to you. if you wish to submit a post or article for publication.
In business we are lucky enough to get two chances to start the year. July is our second chance to revisit and reset our business expectations and frame them anew as budgetary and strategic goals. Don’t let the opportunity pass you by. To benefit from a solid plan, you don't need to have … [Read more...]
If you’re a Director of a business, you’re already in the governance game, like it or not. Here is how to make it work in your favour! Governance – or rather, terrible governance – has been in the news recently, with Australia’s banks, the ABC and Cricket Australia all taking a battering for … [Read more...]
To maximise the outcome of selling your business, it’s crucial that you know the nature of the beast. You must know your buyer, the different motivations that buyers have and what they are looking for. Understanding them will give you the best chance to prepare for the transition and the different … [Read more...]
Adding cash to your business doesn't necessarily add business value. So knowing what builds value is essential to create a business able to prosper in the long run. All of the biggest businesses in the world started small. BHP, the second biggest mining company in the world by capitalisation, … [Read more...]
What is your organisation's culture like? Are you sure your team works as a team? Are you constantly surprised at how generous and mutually supportive people in your business are? Or do you feel exasperated that they don't look out for each other? See here what happens and how you can improve how … [Read more...]
Do you trust your people? You do? That's excellent! However, theft and fraud could be hurting your business. Could someone within your business be stealing from you today? If you are depending upon trust and trust alone, you are setting up yourself and your business for trouble. Fraud and theft … [Read more...]
Have you opted for low cost sourcing from China? When did you last look at other options? The time is fast approaching when China may no longer be the obvious answer. A New Balance Of Factors For more than two decades, China has been the “Factory of the World”. So much so that most low cost … [Read more...]
Like me, you may be an independent consultant and very happy with this arrangement from a career perspective. Independent Consultant - The Good life And Not So Good Life I really love the good side of being an independent consultant: You like me enjoy managing your own time. And you do not have … [Read more...]
Why thinking of your employees costs as a sunk cost is costing you more than you think. When a new financial year arrives, for many small business owners, the ghosts from A Christmas Carol seem to live on in relation to your employees. As you finalised your EOFY reporting for the past year, like … [Read more...]