Leadership development programs are crucial for nurturing and enhancing the skills and capabilities of professionals in today’s dynamic and competitive business landscape. However, many of these programs fail to take into account the influence of a company’s culture and organisational context, as well as the role of senior leaders in shaping that context. This oversight…
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Image Source: FreeImages Professionals constantly seek ways to navigate challenges and achieve success without sacrificing their well-being. Traditional leadership models, such as servant leadership, have been crucial in promoting a more compassionate and human-centered approach to work. As the landscape evolves, it may be time for leaders to adapt and embrace a more impactful and…
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In the modern workplace, mistakes are inevitable. Whether you’re a startup founder, a team leader, or an employee, it’s essential to foster an environment where individuals feel empowered to take risks and learn from failures without fear of blame or punishment. A blameless culture promotes collaboration, innovation, and personal growth. Redefine Failure as Learning…
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The traditional approach to strategic planning no longer guarantees success. As markets shift, technologies advance, and customer preferences change, organizations must learn to navigate the uncertainties and risks associated with growth and innovation. One of the groundbreaking concepts that has gained prominence in recent years is “Discovery-Driven Growth,” introduced by the esteemed business strategist and…
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“Creating the right atmosphere for middle managers to be the “force multipliers” they are meant to be is not a trivial endeavour.” According to a study by Gallup, companies that effectively develop their middle managers achieve 96% higher levels of employee engagement compared to those that don’t. Higher employee engagement leads to increased productivity, lower…
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Assessing the current state of your business is a critical undertaking that requires a comprehensive and objective approach. While it is possible to conduct this assessment internally, seeking professional help can significantly enhance the accuracy and effectiveness of the evaluation process. This article highlights the importance of professional assistance in assessing the current state of…
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Today is world MSME day. According to the latest ASBFEO report, the economic contribution of small business to the Australian economy has topped half a trillion dollars. The value of small business to the economy surged by 15 per cent in 2021-22 to $506 billion and accounts for one-third of Australia’s GDP. The report also…
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In the realm of Small and Medium Enterprises (SMEs), leadership plays a crucial role in fostering organizational alignment. When leaders act as alignment champions, they create a strong foundation for success, driving the entire organization towards a shared vision and goals. In fact, research shows that SMEs with strong leadership alignment are more likely to…
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Organisations are continually searching for ways to gain a competitive advantage. While traditional strategies focus on product innovation, cost reduction, and market positioning, there is a powerful yet often untapped resource that can propel companies forward: employee empowerment. Employee empowerment as a competitive advantage is closely intertwined with strategy development. When employees are empowered, they…
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In the present climate, all organisations – particularly MSME’s, are faced with the challenge of planning for an unpredictable future. The traditional approach of relying solely on historical data and linear projections is no longer sufficient. Fortunately, there is a powerful tool called strategic foresight that can assist organisations in navigating this uncertainty. Strategic foresight…
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