Avoid a ‘bunker mentality’ In these uncertain times, remain positive and create a plan of action. Our message in times of change is:
Be clear on what you need to do and why you need to do it.
Be clear what you need and why you need it
DIVERSIFICATION How to consider what to do next
If we are seen to be diversifying are we signalling failure? The fact you are considering ‘diversification’ signals you have a realistic position on your own market and business sector. The positive from this is we are following what our customers want and need while strengthening our future business. The previous article about Diversification has…
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Business Diversification – what does it mean and why is it important to sustainable business growth?
Is Diversification relevant to your business? Nothing stays the same. There are many previously successful businesses who have failed because they have not recognised a change in consumer demand or buying habits. One minute business is booming, the next it’s plummeted! How do you maximise your business opportunities to ensure you don’t have all your…
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Effectiveness v Efficiency
"DO THE RIGHT THING RIGHT" "doing the right thing is more important than doing things right." Doing the right thing is effectiveness; doing things right is efficiency. That's according to noted management expert, Peter Drucker. As he says; Focus first on effectiveness (identifying what is the right thing to do), then concentrate on efficiency (doing…
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