Something I face regularly is the under estimation that Business Leaders have of the power of a company's culture both on the positive and negative side of the things. A work culture can enable change & innovation or act as a barrier for progress. A work culture can help everyone grow or even destroy lives. …
Author: Silvan Mifsud
Under Performance
In almost every business I deal with, there are issues to be faced with regards the under performance of certain employees or even managers. The situation becomes even more difficult and uncomfortable to deal with when those under performing think that their performance is terrific when it’s actually just adequate or worse. A pertinent question …
It’s a Marathon not a Sprint
In 2020, we’ve endured a global pandemic and a massive economic crisis, with forces that are fundamentally reshaping societies through technological innovation and business-model disruption. When I meet business people, managers, executives or employees, beyond the perfunctory answers of “I’m fine” or “I’m managing through it,” when i prompt further, I usually get responses which …
Family Businesses: The need for an Independent Director
Those of you who read my many Blog articles, know I have a soft spot for Family Businesses. Hence why yet again I find myself writing about them. Family-run businesses can experience serious complications for a variety of reasons, including family conflicts and poor management. How can an independent director on the board help in …
Continue reading Family Businesses: The need for an Independent Director
Accelerating e-commerce growth
Since the start of the pandemic many businesses have literally scrambled to e-commerce to try and make up for the loss of business from more traditional sources. In many cases it was a panicked reaction which at best can be described as a partial shift to digital. However, to make that shift sustainable, businesses need …
38% to decrease their spend this Christmas
EMCS conducted an updated survey on matters related to COVID-19 between Thursday 12th and Thursday 19th November 2020, whereby a total of 571 surveys were collected. The sample represents a 95% confidence level and a confidence interval of 4.1%. Below please find the insightful results of this survey:- •With 70% responses, the general public is …
Will your business survive and thrive?
The best business leaders have seen that, in the midst of this pandemic, their companies are able to operate at an unimaginable pace and with so much resilience and creativity, so much so that they want to hardwire these behaviours into the organisation they lead to remain present even after the pandemic is gone. However, …
Why does delegation fail?
You might know by now that I have written various Blog articles on the need for Business Leaders to stop micromanaging and to delegate. Yet I still see business leaders who are overburdened and overloaded with tasks, instead on focusing on the highest priorities and delegating tasks to others. When I challenge such leaders I …
Credit Management
As I repeated numerous times, I still meet SMEs and family businesses that fail to get the basics rights. If there is one area where this is the case, it's credit management.....and in the current crisis the past failings of credit management (or shall i call it mismanagement) are now coming back to haunt businesses …
Malta’s Economic Forecast
I believe it is understandable that drawing an economic forecast in such turbulent and uncertain times is extremely difficult. On the 19th October, as part of the Budget Speech, Government projected that whilst Malta's GDP will fall by 7.4% (real terms) in 2020 when compared to 2019, Malta's GDP will then grow by 5% (real …
A Business Blog for SMEs & Family Businesses 