Any typical conversation with a business owner always evolves to discuss this matter at some point or another and now more than ever, as businesses seem to be all finding it hard to find the right type of employees to work for them. At some point in the conversation, business owners will likely grumble with …
Author: Silvan Mifsud
Your business is not your family
I meet many family business owners who proudly tell me “We’re a family here.” It makes me cringe when I hear it. It is true that the relationships we build at the workplace can help you grow in your career and provide you emotional support and friendship. However thinking that the team working in your …
Be Human….A Human Leader
We know that one of the components within the world famous Emotional Intelligence theory developed by Daniel Goleman is "Self-Awareness" i.e. the ability of knowing one's strength and weaknesses and able to have a self-deprecating sense of humour about your weaknesses. Yet I still see business leaders who operate based on the so called the …
Why do some businesses perform and others do not?
Some may say it is just down to luck. I always preach that for businesses to succeed they need to be supported by an efficient structure (organisational structure, processes and systems) and a cooperative culture. I walk into various different businesses every week and it always boil down to these two important things. The latest …
Continue reading Why do some businesses perform and others do not?
Accepting Reality
The ability to accept reality is one of the most useful, and most misunderstood, skills for a leader. As Carl Jung wrote, “We cannot change anything until we accept it." However, I see it quite regularly that business leaders and managers many times fight with accepting the reality around them and hence fail to understand …
Employee Engagement
As I discussed in a recent Blog article of mine, many businesses and economic sectors are facing a substantial amount of employee turnover. To counteract this, business organisations, more than ever before, need to focus on cultivating employee engagement. The first question to answer is - What exactly is employee engagement? Research indicates that there …
Budget Measures 2022
Government is expecting to close off 2021 with a public deficit of €1.545 Billion, equivalent to 11% of GDP and with a public debt pile of € 8.56 Billion, which is equivalent to 61.32% of GDP. Beyond 2021, Government is forecasting a real GDP growth of 6.5% in 2022 and 4.7% and 4.5% in 2023 …
What type of Leader are you?
The answer to this question will indicate the possible personality flaws that are likely having a disproportionately negative impact on the quality and execution of strategic choices and general management in the business organisation you are leading. Research clearly indicates that leaders can really get in their own way. It might be excitement or fear …
Holding onto your team
There seems to be a new global phenomena. The Americans have called it the "Great Resignation". It seems that the pandemic has pushed employees to rethink their careers, work conditions and long-term goals. Those workplaces that are now attempting to bring their employees to the office, all the time, are being faced by the employees' …
Budgeting
This Friday we will kick-off Q4 2021. It is usually the time of the year where companies should be finalising their annual budgets for 2022. However, I am amazed at the vast amount of businesses that do not bother with budgets. Many bring up the excuse that the minute the budget is concluded it is …
A Business Blog for SMEs & Family Businesses 