The BusinessFitness Blog
Thoughts on topics to help you make more of your business…
Life Happens – The Importance of Cash Flow in Keeping Your Business Running through Troubled Times
We’ve all had it – those times when ‘Life’ gets in the way of running your business. Yet, paradoxically, it’s often in these times when your business seems to need you the most. So, how to you ensure you can focus on...
“If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow.” – Jack Welch
A great comment by the legendary Jack Welch. I think few business owners would disagree with the measures of customer and employee satisfaction, but many might question seeing cash flow, as opposed to profit, as the...
How an Unretirement Policy will Improve Your Business
Last week I wrote about how an Unretirement policy – enabling older workers who would previously have been expected to retire – can be a significant driver in overcoming the skills shortage. This clearly struck a chord...
“Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” – Mark Twain
Sometimes referred to as the father of American literature, Mark Twain really hit the nail on the head here – age is most certainly an issue of mind over matter! Speaking for myself, I feel very little different now to...
Unretirement – Overcoming the Skills Shortage with an Untapped Resource
There is no question that there’s a global skills shortage – not just among the developed countries, but the developing ones, too, like South Africa – with no less than 87% of companies either already experiencing...
“The only source of knowledge is experience.” – Albert Einstein
Are businesses not ignoring a great source of knowledge, skill and experience by mandating retirement based on an arbitrary age, generally between 60 and 65 for men, when longevity has increased so much? By the age of...
Looking at Time Differently To Boost Productivity
I was listening to an ‘Online Marketing Made Easy’ podcast the other morning, with Amy Portfield interviewing Ed Mylett talking about his new Book, ‘The Power of One More,’ when he spoke about his approach to time. As...
“Time is a created thing. To say ‘I don’t have time’ is to say ‘I don’t want to do.’ ” – Lao Tzu
An interesting point from the Chinese philosopher, Lao Tzu, who lived some 2500 years ago. And in these comparatively rushed times, something to really think about - is it really a case of "I don't have time"?. All...
Why Delegation is a Critical Leadership Skill and How to Do So Effectively.
Do you ever feel overwhelmed leading your business and yet see people on your team without enough to keep them busy? If so, it’s a sure warning sign that you’re not delegating properly. In fact, most business leaders...
“No person will make a great business who wants to do it all himself or get all the credit.” – Andrew Carnegie
I’ve written before about the importance of delegating and accountability, but Andrew Carnegie really sums it up with his quote about the need to not try to do it all, nor take all the credit. Carnegie came from...
4 Elements of a Great Business Strategy
Business Strategy: the plans and actions you have identified that will enable you to achieve your business goals and objectives. Typically, you will have these at a company-wide level and then broken down further for...
“What business strategy is all about – what distinguishes it from all other kinds of business planning – is, in a word, competitive advantage.” – Kenichi Ohmae
What the well-respected Japanese management consultant, professor and Dean at UCLA, Kenichi Ohmae, went on to say, although it doesn't just apply to business strategy, was, “Without competitors there would be no need...