Following the re-opening of restaurants and other non-essential shops which meant that several employees returned to their place of work, discussions with many business leaders invariably always turns onto how they should proceed with having their employees return to the office. My advice is to use CAUTION. They are many variables at play and you …
Author: Silvan Mifsud
Cash is King!
During this COVID-19 induced crisis, you must have heard over and over again that a core priority for many companies is preserving cash. It is true that preserving cash in the short term is extremely important but you also need to balance it with decisions that will enable the company to emerge from this crisis …
Leadership in Times of Crisis
I am sure many of you have read many articles about Leadership. However it still strikes me that on a daily basis I still see lack of Leadership skills which in a time of Crisis like this are so much needed. Some have asked me about what type of Leadership should one adopt in times …
A Structured Approach to re-opening the Economy
Every conversation I have been having recently invariably includes a debate on whether we should be relaxing the restrictive measures we had so far or not. Like everything in Malta the diametrically opposed poles have formed up. Those that I would call the "zero risk takers" and would have us live in a quasi lockdown …
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28% of Private Sector Employees in Malta fearing for their job
I once again present you with the very interesting findings of the research done by EMCS - http://www.emcs.com.mt ; which was carried out between Tuesday 12th May and Friday 15th May 2020. In total 498 individuals aged 18 and over were interviewed, with data being representative of the local population in terms of gender, age …
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Strategic Recovery Priorities
I know that speaking of Recovery may sound a bit of out of tune as many businesses are still struggling to survive and not perish, let alone to recover in the future. However all the research in the world is showing that the businesses that will very likely thrive and grow in the future are …
Helping Family Businesses
I must confess that I have a soft spot when it comes to helping Family Businesses. When I see the effort and time family members put into their businesses and how much their businesses could operate better if it had to be better structured I feel compelled to give a lending hand. In such times …
Having effective online virtual meetings
I am sure you are by now surely spending a lot of time on online meetings through Zoom, Teams or other platforms. However are all these online meetings being effective? You join a video conference call. You’re one of nine faces on the screen. About 10 minutes into the call, your mind starts to wander …
Re-Starting with Various Challenges
As we are now in the inital phase to re-open and re-start the Maltese economy I feel that this is a time for hope but also for caution. As I have been saying in my various Blogs, this does not mean a return to the old “normal”. At the end of the day the virus …
Global Consumer Sentiment – A Further Update
In the past Blogs I have been updating you on the Global Consumer Sentiment as affected by the COVID-19 based on the research done by McKinsey & Co. I will focus on how this consumer sentiment is evolving in France, Germany, Italy and UK. As can be seen below UK seems to be the only …
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A Business Blog for SMEs & Family Businesses 