All companies continue facing unprecedented challenges. Disruptive technologies, shifting consumer preferences, and increasing competition are just a few of the factors that are causing companies to rethink their strategies and operations. One of the most common solutions is to embark on a business transformation journey, where they restructure their operations, adopt new technologies, and…
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In today’s competitive business environment, strategic planning has become a crucial element for organisations striving to achieve long-term success. It goes beyond simply envisioning goals and requires a systematic approach to navigate the complexities of the ever-changing market. In this article, we will delve into the key frameworks that can help organisations master the art…
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In today’s fast-paced and competitive business environment, building a strong organisational culture is critical for the success of small and medium-sized enterprises (SMEs). According to a study conducted by Deloitte, “organisational culture has a clear link to corporate performance.” The study found that companies with strong cultures had a 51% higher employee retention rate and…
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Global consulting firm McKinsey has identified ten significant shifts that organizations must address, including increasing speed and resilience, finding a balance between in-person and remote work, making way for AI, tailoring employee value propositions, building institutional capabilities, matching top talent to high-value roles, self-aware and inspiring leadership, making meaningful progress on diversity, equity, and inclusion,…
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In today’s competitive and constantly evolving business landscape, it is essential for organisations to have a robust talent management strategy in place. Talent management encompasses various initiatives and processes aimed at recruiting, developing, nurturing, and retaining an organisation’s most critical asset – its people. By leveraging effective talent management strategies, organisations can build stronger capabilities,…
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Having a strategic vision is an essential part of running any successful organization. However, as a CEO or MD, it can be challenging to turn that vision into reality. It takes a lot of teamwork, organization, and planning to execute a strategic vision successfully. Below are ideas on how to turn your strategic vision into…
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Employee feedback is an essential part of any successful business. By actively engaging with employees and gathering their feedback, businesses can better understand the needs of their workers, work teams and workplace, to improve engagement and boost productivity. Let’s discuss driving your employee feedback strategy forward and creating a more engaged and productive workplace. …
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Thriving in Turbulence: Strategies for Leading Your Company in a Dynamic Environment Change is the only constant in today’s business landscape, and companies must equip leaders to handle these dynamic environments. More than merely reacting to change, influential leaders anticipate, embrace, and capitalise on the evolving landscape. As a CEO or MD, developing strategies to…
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Management Principles From Edgar Schein As a professor emeritus at the MIT Sloan School of Management, Edgar Schein dedicated his career to researching and teaching topics related to organisational development, change and innovation. His work on teamwork, culture, and leadership has significantly impacted how firms approach management today. Here are five management principles from Edgar…
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Small and medium-sized enterprises (SMEs) are the backbone of many economies, accounting for a significant portion of employment and economic output. However, despite their importance, SMEs face a number of challenges that can hinder their growth and sustainability. Let’s take a closer look at some of the top challenges faced by SMEs today. Talent Acquisition…
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