Earlier this week, I had one of those experience I love so much in my work. Following a number of training sessions, I sat down with the management team of a family business, to discuss how this business can grow beyond the time availability of its present managing director. Such discussions always evolve two main …
Change Yourself First
In the past weeks, I have been trying to hammer the fact that the business landscape is once more changing fast. We seem to be entering a new economic cycle characterised by high inflation and lower economic growth (Click HERE, HERE, HERE and HERE to read about it). However, notwithstanding all the change in the …
Look Around You
One thing I constantly push family businesses on, is to never stop looking around them. Many family businesses fall into the trap of getting engulfed in their daily operational world and rarely find time to join the dots of what is happening around them and how this will effect their business. As we face less …
1st Cohort of the Award in Leading a Family Business course is now full-up. New Dates for 2nd Cohort out soon!
I wanted to really thank everyone, for the tremendous interest and response we received with regards the first accredited course we launched as an "Award in Leading a Family Business". The 1st cohort is now full-up. We are presently working to open a 2nd cohort, which will start in February 2024. More details on this …
Business Strategy is not a Mystery
My experience with family businesses indicates, that many fail to consider the importance of business strategy, as they believe it to be something complicated that is way beyond them. Sheer nonsense. It is many times a case of a mental barrier. At it's core business strategy is simple. It’s a plan to create value. The …
A New Economic Cycle & Family Businesses
The latest Q2 2023 GDP figures seem to indicate that Malta is now entering a new economic cycle. First of all, if one where to have a general overview and compare the overall GDP growth rate in Q1 & Q2 2022 to Q1 & Q2 2023, from a volume perspective, you would see that when …
Launching the first Accredited Course in how to lead successfully a Family Business
The course, entitled Award in Leading a Family Business, is the first of its kind to be offered in Malta and has been accredited by the Malta Further and Higher Education Authority at MQF/EQF Level 5 (3 ECTS). This course will be officially launched during an event to be held on Friday 1st September at …
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Leaders Need to Rest
As business leaders face continuous stress & pressure, the expectation is that they need to work more to be productive. That is not entirely true. Everyone has a stress saturation point and with a complex business environment, business leaders are experiencing higher demands and pressurised decision making. The result of this increased pressure on business …
Mastering Delegation
Business leaders increasingly find themselves having to make requests in order to get stuff done. The main problem is often than not, they just don’t know how to do such a request. Often, business leaders feel that by the time they make a request and explain what it entails, they could have just done the …
Elemental
Last Sunday I took my 8 year old daughter to the cinema, to watch the latest Disney animation film, called Elemental. I thought I was up for a couple of hours of mindless fun. Little did I know, that the main story was about a family business and the succession planning issues that one finds …
A Business Blog for SMEs & Family Businesses 