This thought provoking article by Forbes examines the differences that team structures and individual employee performance can have on the overall productivity of a business. It’s an article that’s well worth reading for any business owner as the outcomes of adopting different methodologies for managing teams are dramatic. All businesses tend to have the same […]
A recent report produced by Bankwest found that over 61% of businesses say that innovation drives strategy in their business and that over 87% of businesses are embracing innovation to at least some extent in their strategy and culture. When asked what innovation means to their business, most common responses to the survey were: •[…..]
At its latest meeting in July, the RBA decided to leave the cash rate at 1.50%. However, interest rates are currently at historically low levels and expectations are that interest rates will begin to rise in the near-term. “The Reserve Bank, though, warned that its current estimate of the so-called neutral rate could rise back[…..]
Business owners know it’s important to have an inner circle of trusted advisors to whom they can turn and many are implementing advisory boards to assist them with achieving their business goals. An advisory board is a select group of “independent” people who provide advice and support to the owners/shareholders/directors of a business. Their role[…..]