Official confirmation of recession, tax raises and spending cuts. Doom and gloom 24×7 on the news. Here’s my take on what it means for us as SME business owners. Context This is not the first recession, and it won’t be the last. Sometimes they’ve hurt a little, sometimes a lot, sometimes not at all. Depends […]
Strategy
Getting ready for Next Year
New year round the corner, recession in the works, and a burgeoning need for our businesses to step up and meet environmental and social goals as they meet their commercial ones. Who said running a business was easy? Here’s what I’d look at: *FIRST*Make sure your business-as-usual is working well. You will not be able […]
“We create wealth on Capitalist principles and distribute it on Marxist ones”
“Create wealth like a Capitalist, distribute it like a Marxist.” Here’s what that looks like… Simon Biltcliffe believes that Capitalism is a great way to create wealth, but is terrible at distributing it. And Marxism can’t create wealth for toffee, but has great principles for distributing it. Adjust for externalities, and there you have the […]
Empowerment and Response in a Time of Recession and Volatility
It’s tough to make decisions and run a business with the volatility we’ve got going on around us, but there’s one business priority at the highest level which I think those of us running SMEs should keep focussed on. Watching politics at the help of the UK right now, you can’t help but feel that […]
The effective leadership team’s superpower…
… is discipline. Sure, being human, having vision, empathy, clarity, and so on – all of these are essential. But the place I’ve seen more SMEs fail to live up to their potential is a lack of discipline. Simply not doing what they say they’re going to do. I recently worked with a number of […]