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One of the most significant challenges facing any organisation is recruiting, hiring, developing and retaining the right people. Indeed, this is seen as a business’ best chance of gaining – and keeping - the competitive advantage. 

 

Hugh Welsch, president and general counsel at DSM North America posted an article on Entrepreneur (a magazine? A website? a blog? the name seems incomplete)where he states that attracting and retaining the best talent requires a business to take a multi-faceted and non-traditional approach. It’s simply not enough to post an advert on the relevant job search websites, or scour LinkedIn. In fact, in most cases, this approach will result in the hire of a person who may look good on paper, but may not be exactly what you’re looking for when it comes to the crunch. 

 

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Paul B. Brown recently blogged about how the best leaders model the behaviour they want. The article, posted recently on Forbes.com, pointed out that employees spend a great deal of time observing the behaviour of their bosses. Moreover, what a boss does is just as important as what he says, if not more so. 

 

Brown provides an example of a workforce in a car dealership he once visited. The dealership  had been run by the same family for generations and  significantly dominated the car market in the region. The owner himself was described as a quietly charming man who was seldom known to raise his voice. 

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Growth problem or strategic shortfall?

Posted on Monday, 31 March 2014 in Business Skills

For an entrepreneur, growth is an issue that is always top of mind – be it growth of the bottom line, client base, products or profit. 

 

In an article posted on Entrepreneur SA’s website, business expert Kevin Mackenzie points out that the response a reaction to lack of growth in a business is almost always to change tactics – a new marketing strategy, increased focus on sales,  geographical expansion or even product extensions. 

 

Before one looks to these solutions, Mackenzie argues that the underlying reasons for the lack of growth need to be identified and addressed. There are usually a number of factors at play including the following:

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One Skill to Master Them All

Posted on Wednesday, 12 February 2014 in Business Skills

Could there really be one integrally important skill that eclipses all others? A discipline which, if mastered, will enable all the other skills you possess to flourish? Maryling Yu believes there is. In her article, The Most Important Skill in Life (It’s Not What You Think), Yu argues that the ability to become happy and stay happy is the number one key to personal development.

 

Yu’s logic is simple. While many others, when questioned about the most valuable skills in the workplace, will likely respond with focus, communication or leadership skills, Yu believes that none of these capabilities are truly effective unless you have learnt to master your emotions.

Why size matters

Posted on Wednesday, 12 February 2014 in Business

“Bigger doesn't necessarily mean better in the business world”.  This is an opinion, which has been tossed around quite a bit lately, but does it really hold any true significance? Andrey Grehov believes it does, and in his article, “Stay Small to be Big”, recently published on the Huffington Post, he explains exactly why. 

 

Using the analogy of renting a small apartment rather than a large one, Grehov explains that the expense and time required to run large businesses are significantly more. The energy required to sustain a big business is considerable. What's more, in a constantly changing business environment, flexibility is a significant advantage for smaller businesses. 

 

Looking at some of the most dynamic and successful companies in the business world like Instagram and SnapChat, we can see just how effective a smaller team can be. Not only does it mean that your business model is easier to change, but also that you are able to adapt to external and internal changes far more quickly. Less communication is required to spread important messages and information. 

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