“Can a young person be considered wise?” I was at a business function recently where this question was posed to the room without much resolution. Some people had their own personal views based on experience, instinct or belief. But there does not appear to be much scientific data to specifically support an answer either way.…
World famous business consultant and author Peter Senge has written in his best-selling book ‘The Fifth Discipline’ that: Real commitment is rare in today’s organisations, 90% of the time what passes for commitment is ‘compliance’. Is he right? WHAT DOES ‘COMPLIANCE’ LOOK LIKE IN A BUSINESS? People merely ‘going through the motions’ to get through…
Willful blindness is a term used in law to describe a situation in which a person seeks to avoid civil or criminal liability for a wrongful act by intentionally keeping himself or herself unaware of facts that would render him or her liable. In other words, turning a blind eye to things that clearly should have been noticed.…
WOULD YOU LIKE TO INCREASE YOUR SHARE OF THE PROFIT PIE? There is a lot that can be learned from a thorough assessment of the gross profit within a business. And from that assessment a number of options for improvement may become apparent. Here we explore seven important ways you can assess gross profit in…
A great deal of my business life as an advisor and business coach has been working with family businesses I enjoy working with them and I will share my four main reasons why. Note these reasons can equally be viewed from the perspective of a non-family employee. There are powerful lessons here for business owners…