Business Essentials

Getting advice and direction can be hard, especially for resource-poor small businesses. Extra pairs of eyes from outside can be invaluable to the growth and success of a business. But many smaller companies worry about the costs of external direction. Business coach and leadership expert, Alan Rodway, says there is a middle road: a cluster board of diverse experts to help with your decision-making.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

How effective is the annual performance review? And is there a better way?

Timely and targeted conversations are much more effective ways to help your staff perform their best, says Anneli Blundell, co-author of ‘Developing Direct Reports’. She takes us through a three-step process on how to handle continuous conversations with your team, so they can develop their skills throughout the year.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

If you haven’t started planning yet, now’s the time. That’s according to Kerry Boulton, Founder & CEO of The Exit Strategy Group, and author of ‘Million Dollar Pay Day – How To Get Rich And Get Out…Creating The Perfect Exit Strategy and Life After Business’. Kerry has walked the walk when it comes to selling a business – she built up and sold Freight Management International 20 years ago – and she has valuable lessons from that experience.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Risk taking should be encouraged if you want to see your business innovate. That’s the message from Amantha Imber, CEO of Inventium and author of ‘The Innovation Formula’. In the book she highlights fourteen science-based keys to business innovation and she discusses some very practical ideas that business leaders can immediately implement.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Business leaders need to find better ways to influence others to navigate the world these days, but how?

Gone are the days of ‘hard power’ of command and control – it just doesn’t work in business. ‘Soft power’ of engaging and consulting is better, but takes time. Author Yamini Naidu says a powerful way to influence and inspire staff and customers is through story-telling, by grabbing emotion and connecting with the heart.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

How does a busy business person slow down and take back control in a world of constant noise and interruption?

Occupational therapist, Angela Lockwood, addresses those issues in her book 'Switch Off: How to find calm in a noisy world'. She has espoused everyday activities to cut out the clutter and bring focus back into our lives, including breathing exercises, outdoor play, healthy eating, laughing and meditation.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Selling your business can be difficult and stressful enough without the minefield of issues that can catch you out if you’re unaware. Directors, Andrew Henshaw and Scott McKenzie of Velocity Legal take us through some of the pitfalls during and after the sale agreement has been signed. It's surprising how often problems can occur, they say, and it's best to be prepared for them.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

If you can identify the internal barriers holding you back, you may discover untapped potential to grow more revenue.

Consultant John Cleary of Cost Management Specialists has a 9-step strategy to increase cash flow – and it doesn’t necessarily mean spending more money in one area or reducing costs in another to get there. John explains how breaking down internal silos will help reveal where the opportunities for increased revenue really exist. Then, make sure you understand your clients’ needs and ask some hard questions about your product or service range.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Like maintaining mental and physical health, it takes real effort to keep a business going. And, in a world of disruption, it can be even harder to keep moving and staying ahead of the game. Business Adviser Alan Hargreaves’ book ‘Management Reboot – 52 ideas to make things happen’ helps unpack the good and bad ways to handle the disruption of new players in the market. Alan discusses what they are and he warns businesses not to be complacent in this fast-changing world.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

A little doubt can be a good thing, but too much can stop growth and cripple your business.

Coach and keynote speaker, Terry Barridge says confidence comes from doing things you’re familiar with, but if you’re taken out of your comfort zone, do you lose all confidence? In a changing business environment, future leaders need to move out of their comfort zone more often and learn to handle their doubts. Terry has some tricks on how to battle the negative self-talk, build confidence and exorcise those doubt-driven demons.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.