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Life Happens – The Importance of Cash Flow in Keeping Your Business Running through Troubled Times

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 things outside the business and keep the company...
“If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow.” – Jack Welch

“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 third measure. But a profitable company can still be...
How an Unretirement Policy will Improve Your Business

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 with many people, judging by the number of ‘hits’...
“Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” – Mark Twain

“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 what I did 30 years ago (I need glasses now for...
Unretirement – Overcoming the Skills Shortage with an Untapped Resource

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 this, or expecting to do so within the next few years,...