Navigating the competitive landscape in today’s cutthroat business environment can feel like traversing a minefield, especially when facing established market leaders. We understand the challenges businesses encounter when vying for market share against entrenched incumbents. Drawing from our expertise in competitive intelligence and strategic positioning, we’ve compiled actionable insights to help you thrive in the…
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The journey of an entrepreneur is exciting, but fraught with challenges. A report by Forbes Advisor paints a concerning picture: over half of small businesses cut costs in 2022. This highlights the ongoing struggle with achieving consistent performance, a key ingredient for long-term success. Inconsistent performance can erode customer trust, hinder growth, and ultimately threaten…
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Change is inevitable. However, for small and medium-sized enterprises (SMEs), embracing change can pose unique challenges. From limited resources to fear of disruption, SMEs often find themselves grappling with the complexities of change management. Let’s explore five common reasons why SMEs struggle with change management and provide actionable tips to help them navigate through it…
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Upskilling vs. Reskilling: Understanding the Difference Upskilling refers to enhancing existing skills and knowledge within your area of expertise. This could involve learning new software, mastering advanced techniques, or deepening your understanding of industry trends. Reskilling, on the other hand, implies acquiring entirely new skill sets to transition into a different area of focus within…
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Recent studies highlighting the anxieties of SMEs regarding rising costs, staff shortages, and retention paint a sobering picture. For these vital engines of our economy, these challenges are more than just statistics – they’re daily hurdles threatening their survival and growth. But, in my experience as a Performance Consultant, I see not just difficulties, but…
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The economic downturn has upended the job market in ways nobody could have predicted. Businesses of all sizes are trying to find new methods to stay open and productive, as job seekers scrabble to find positions in industries that are facing unprecedented challenges. While economic uncertainty makes it tempting for companies to reduce expenses, hiring…
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As business leaders, it is our responsibility to ensure that our organisations are diverse, equitable and inclusive. These three practices are essential components of a successful organisational culture, as they can create a positive environment for employees while also leading to increased productivity and profitability. Let’s take a closer look at the advantages of diversity,…
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No one really willingly leads a team that is unproductive. Creating cohesive teams that consistently come up with clever solutions causes leaders a great deal of difficulty. However, despite having the best intentions, many of the methods used by leaders to enhance teamwork are not very successful. Leigh Thompson, a management and organisation professor at…
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