8 tips for leading your company out of crisis

8 tips for leading your company out of crisis

In our business we’re all too aware that no company, big or small, is immune to crisis. In fact, according to a global report by PwC, 80% of CEOs say they’ve faced financial crisis at some point. Crisis triggers can be diverse, from operational inefficiencies to poor staffing to economic downturns. But regardless of how …

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Cash flow problems: the whats, whys and hows of survival

Cash flow problems: the whats, whys and hows of survival

When you’re running a business, cash flow is your lifeblood. When it’s flowing nicely, you can thrive and grow. When it dries up leaving you without the funds at hand to manage your day-to-day expenses, your survival is in question.  According to a 2015/16 report by the Australian Securities and Investments Commission (ASIC), inadequate cash …

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Communicate to re-accumulate: why talking is key to successful business turnaround

Communicate to re-accumulate: why talking is key to successful business turnaround

What do businesses that have lifted themselves out of financial dire straits have in common? As well as an astute turnaround plan to pull them back to solvency, they also have another vital ingredient: a commitment to open, ongoing communication when executing it. While communication is always good for oiling the wheels of business, it’s …

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