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Expert
  • October 14 2019 Going from $50m to $2b in 20 months; Andrew Laurie, CEO, reflects on how he did it

    Generating growth is often considered the highest priority for a business. Sustaining strong levels of growth requires robust planning coupled with extremely strong internal practices and procedures. Putting these processes in place and rigidly sticking to them can result in exponential growth, as it did in my previous workplace, a travel company based in the Read More…

  • October 11 2019 Low cost and high impact: yes it can be done

    It’s no secret that many not-for-profits (NFPs) operate on very tight budgets. We’d much rather see the money going to our cause than into our operating costs. Plus, resources are low. However, regardless of the low budget and lack of resources, our impact needs to be huge.  I’ll tell you now, it can be done. Read More…

  • October 9 2019 Finding the ‘sweet-spot’ in process automation

    When an organisation embarks on a process automation journey, a fundamental question quickly arises: exactly where do you start? With hundreds (or even thousands) of processes already in place, the idea of automating them can seem rather daunting. Another challenge stems from the fact that all the existing processes might not be working as effectively Read More…

  • October 8 2019 Why today’s leaders are focussing on Emotional Intelligence (EQ)

    Over the past few years Emotional Intelligence (EQ) has become a hot topic, particularly in the workplace. Hard skills alone aren’t enough to create strong leaders, with research showing that those with a high EQ are more self-aware, motivated and empathetic – crucial traits for successful management. “The importance of EQ in management is becoming Read More…

  • October 3 2019 How this ‘Fourth Industrial Revolution’ will change the way businesses engage customers

    The term ‘Fourth Industrial Revolution’ was originally coined by Klaus Schwab founder and executive chairman of the World Economic Forum. Schwab explained that one of the features of the Fourth Industrial Revolution is that “it doesn’t change what we are doing but rather it changes us”.  Over the past 150 years, automation and mechanisation has Read More…

  • September 26 2019 Why setting long-term goals is essential for business and life success

    Most business owners are familiar with the process of setting goals. However, there is a difference between short-term goals that keep a business ticking over and the kind of long-term goals that can see a business owner genuinely achieve their dreams. Some business owners prefer to stick to shorter-term goals because they believe it’s more Read More…

  • September 26 2019 Your liability as a director, explained

    Bennett & Philp’s Business Advisory Expert Nadia Sabaini sheds light on the legal obligations of a company director and the extent to which a director can be personally liable for the actions of their company. Last month Australia was shocked with the news of George Calombaris underpaying his hard-working restaurant staff. While it can be Read More…

  • September 17 2019 “For businesses that do give back, the benefits are huge”; How-to tips from CEO Sue Karzis

    Some of the most profitable and ultimately sustainable companies are focused on collaborating for the good of the community, rather than their bottom dollar line. Why? Well, it’s a reflection of society. The Australia Giving 2019 Report, recently released by Fundraising and Philanthropy in Australia, found that 35% of Australians have volunteered in the preceding Read More…

  • September 13 2019 Your staff and their use of social media: Where to draw the line between work and home

    The boundaries between home and work are often blurred – particularly with the growth of the internet where our lives are increasingly public. A whole generation is entering the workplace who have grown up with social media, sharing their lives online, whilst many, perhaps less savvy workers might be using the various platforms to communicate Read More…

  • September 6 2019 The evidence-based pathway to becoming an Australian corporate leader

    The pathways to success for Australia’s top 50 ASX-listed CEOs have been revealed for the first time, in the most detailed examination of who our corporate leaders are, and how the community ranks their performance. University choice, country of birth, average age, international experience, undergraduate degree, social media use and whether the CEOs were promoted Read More…

  • September 4 2019 Building a life: how to step back from daily operations and make family and life a priority

    Many people start a business with the aim of spending more time with family or more time on hobbies or self-development, only to find that the business needs them there 24/7. Hobbies and family time go out the window, and the business owner finds themselves with even less freedom than they had when working in Read More…

  • August 27 2019 Overcoming the challenges of managing larger teams

    Successful business owners aren’t automatically great team managers however, as the business grows, the importance of managing teams grows along with it. And, regardless of how well the business is run otherwise, if a business owner can’t attract and retain top talent, it will be difficult to continue to grow in the long term, according Read More…

  • August 26 2019 What your employees really think about AI

    Recently, Dynamic Business attended the 2-day Gartner ReImagine HR event to hear the new trends, reports and insights from HR industry leaders and share them with our readers. HR leaders from all over Australia came together to uncover and discuss the latest HR and leadership trends, best practice, challenges and opportunities. One of those discussions was from Jonathan Read More…

  • August 23 2019 Staff reward schemes play an important role in building loyalty

    Retaining experienced and key staff is a core focus of many small businesses. An increasingly mobile workforce means taking a “job for life” is rare. The national average tenure in a job nowadays is three years and four months according to the Commonwealth figures, while a 2019 Deloitte survey out of the US suggests 49% Read More…

  • August 15 2019 What employers should be aware of before changing an employee’s contract

    Throughout the course of employment, circumstances can change and you may find there’s times when you need to alter your employee’s work arrangements. Read about how to do it legally here. Hiring employees means that you’re responsible for ensuring the terms of your employees’ contracts are being met. Whether this means paying the correct salary, Read More…