Shareholders around the world have seen extravagant expenditures of their wealth squandered by CEOs with their arm-waving and talmudic reading of balance-sheets and P&Ls, like the obsessive, pre-scientific study of entrails. Less than one CEO in a hundred could give an intelligent, educated account of what strategy it would take for their business to survive in the rapidly evolving environment of the next decade.
With increasing pressure from external regulatory bodies and savvy consumers looking to make smarter and more responsible purchasing decisions, it is more important now than ever to operate sustainably. But it isn’t a matter of simply planting trees or installing energy-saving light bulbs. It is imperative that companies take responsibility for their operations and, ultimately,…
The place of interaction between government and industry is often clouded with confusion, perplexity and frustration, where it seems as though no one is truly speaking the same language. In order to help you in your dealings with government, we thought we would offer you an inside look as to how the government thinks about…
A business plan is nothing without a well thought out strategy. In other words, the business plan should look beyond simply how you plan to work. Rather, it should provide a detailed road map to success.
For most managers, conducting a management buyout (MBO) can be a life-changing experience. An MBO offers the management team (either as a whole or a few individuals) an opportunity to purchase the business from its current shareholders, usually with the backing of a private equity fund. The transaction allows the individuals involved to enjoy a significant stake in their own business and be given the opportunity to “run the show”.
Activities to foster innovation often focus on the sexy-subject of product innovation (including Anthill’s SMART 100). According to Peter Bryant, innovation strategist and Senior Fellow of the Kellog Innovation Network, Australian businesses might be better off looking inward and using innovation as a tool to enhance operational efficiencies. It’s time to think inside the box!
Every cloud has a silver lining. Especially if the cloud is economic meltdown and the silver lining is delivered digitally. Robelen Bajar follows the rainbow.
In past recessions, the tried and proven strategy has been for organisations to shed all non-core businesses and hunker down to the job of making the core business more secure. Often in the process, entrepreneurial activities are starved and new product development is pruned back. The problem is, consumers have grown to expect continual improvements…
Adobe didn’t get to where it is today by playing defence. And, as Brad Howarth discovers, the company knows it must keep innovating to stay on top. It’s a lesson for us all.
Okay, this is, for some people, going to be an uncomfortable column to read as I am going to seriously challenge what for many seems like an obvious ‘conventional wisdom’. In many cases it is better for the planet if you offset your carbon emissions than if you reduce them via your own in-house efficiencies. The woman with the fully carbon offset Hummer is probably a better friend to the planet than the man in his non-offset Prius.
Human beings are extremely sophisticated animals. But are we really that different from our tree-dwelling primate ancestors? With the global economy biting and organisations scrutinising their structures for inefficiencies, it’s worth considering the impact our biology has on leadership dynamics.
Sometimes the hardest thing in business is not finding customers; it is being paid for the product or service you provide. As Australia’s economy slows, the average age of accounts receivable is stretching many smaller and emerging businesses to almost breaking point.
The path from start-up to success story can be a challenging journey. These two Victorian innovators are taking the path less travelled, turning good ideas into profitable international businesses, and they’re not looking back! Trash and Treasure in the 21st Century Most reasonable people support recycling, yet the average citizen’s active commitment to the cause…
When aiming to generate media coverage for our start-up or business, we often get one thing wrong. It relates to our training as marketers. We are too targeted.
Nearly 12 months after the Federal Government’s surprise decision to axe the popular Commercial Ready Grant Scheme, Nick McNaughton embarked on a mission – to plot the impact of its closure on Australian innovation. In his first report, McNaughton heads to the coal-face, seeking feedback from those most affected by the cut – technology developers and members of the early-stage investment community.
When attempting to understand ‘how to write a business plan’ it is often better to first ask, ‘What is a business plan anyway?’ You see, there is no single definitive answer. If you look at any two business plans you will quickly notice that their differences in size, content, nature, colour and presentation, will often…
IN BED WITH BEN As we enter a time of certain economic turmoil, businesses wonder whether they can weather the storm… and begin to panic. To succeed in this uneasy period, business will require a vital mix of strategies to ensure they not only keep their heads above water but flourish. This may be easier…
IN BED WITH BEN As we enter a time of certain economic turmoil, businesses wonder whether they can weather the storm… and begin to panic. To succeed in this uneasy period, business will require a vital mix of strategies to ensure they not only keep their heads above water but flourish. This may be easier…
You’d be hard-put to win the Flemington 1,200 metre sprint riding a Clydesdale carthorse. But that’s the way some companies go about their advertising, thinking that because the solid plodder can pull a mountain of beer barrels, it must be also capable of moving nimbly. That’s silly, says Ray Beatty.
You’d be hard-put to win the Flemington 1,200 metre sprint riding a Clydesdale carthorse. But that’s the way some companies go about their advertising, thinking that because the solid plodder can pull a mountain of beer barrels, it must be also capable of moving nimbly. That’s silly, says Ray Beatty.
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