Disaster management 101

MOST people in business do not plan for disasters. This is not a reference to finances or staffing, but about planning for occurrences such as power surges, inclement weather, fire or theft. There is generally a “it won’t happen to me” attitude, and when budgets are tight planning for contingencies...

Stephen Boss

Recently I went to a well attended small business conference where the speaker was giving advice on starting new businesses whether in Spain or anywhere.  There were several points he mentioned before one takes the plunge, even though some have been mentioned in previous articles I will try to summarise. ...

Yesterday ended last night

AS a leader or manager, the key to success is to remember that “yesterday ended last night”. One a should not look to the past except for learning from it. People are only as good as their last deal or sale.  Having past accomplishments obviously brings one to where they are today, but living in the...

Avoid fantasizing about success

STUDIES show there is no evidence to suggest writing down one’s goals or asking one’s staff to do so does leads to these being achieved. Unrealistic optimists believe that success will happen to them, if they do lots of ‘visualizing.’ Recent research shows that visualising success, instead of the...

Don’t live in a dream world

SOME may have heard the story of a successful businessman who hires a Harvard MBA, and the employee immediately lost millions for the company in a deal. When asked if he should resign the owner of the business said “no, I just paid for your education”. Nobody likes to fail in any endeavour, but sometimes...