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Organisational culture plays a pivotal role in shaping the identity and success of a company. Edgar Schein, a renowned organisational psychologist, (widely acknowledged as the father of modern organisation culture), introduced a model that delves into the depths of organisational culture, providing invaluable insights for leaders and managers. Understanding Schein’s Model Schein’s Organisational Culture…
Running a small or medium-sized business (SMB) can feel like steering a ship through turbulent waters, especially when daily operations demand your immediate attention. In the hustle and bustle, it’s easy to overlook the compass that guides your business: a clear strategy. Let’s explore why taking the time to chart your course is not just…
The interplay between organisational culture and strategic vision stands as the linchpin of success. The widely circulated adage, “Culture eats strategy for breakfast,” reverberates in corporate circles, but its true essence often eludes understanding. Let’s unravel this complex relationship and explore how these two vital elements collaborate to drive businesses forward. The Misconception: Demystifying the…
Companies are constantly seeking ways to innovate, cut costs, and boost profits. While various strategies exist, one approach stands out as a true win-win: investing in workers. According to a groundbreaking study by McKinsey, organizations that prioritize both performance and people can reap significant economic rewards, with the potential for a whopping $1 billion in…
Traditional methods of evaluating candidates based solely on resumes and qualifications are becoming obsolete. Skill-based hiring has emerged as a revolutionary approach, focusing on a candidate’s abilities and competencies. So, how can businesses ensure that investing in skill-based hiring strategies delivers a significant return on investment (ROI)? Let’s explore the importance of measuring the ROI…
Small and medium-sized enterprises (SMEs) are the backbone of economies worldwide. In Australia Small and Medium sized companies account for over 99% of Australian businesses according to the ASFBEO. The vast majority (93%) of these businesses have a turnover of less than $2 million. The rising challenges of increasing costs and labor and skill shortages…
