As you know for the good part of November 2022 till early December 2022, the family business committee within the Malta Chamber of Commerce together with the Family Business office ran a survey with various family businesses. One element that emerged clearly is that across the various types of businesses that make family businesses, there …
What to focus on in 2023
We had expected this year to pan out much differently than it actually did. I do not want to sound too pessimistic, but it is likely that the next year will not be much better, as 2023 will largely be effected by what happened in 2022 and before. High inflation, central bank tightening, Russia’s invasion …
New Year Resolution – Adopt a Leader’s Mindset
I constantly see business leaders fire fighting and way too busy to dedicate time to important matters - like learning and development, business strategic planning, budgeting, reviewing their business model or succession planning. Finding the time is so hard for many business leaders. With looming deadlines, daily tasks and urgent meetings all the rest can …
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Why do Leaders fail to Lead?
I have written a number of Blog articles recently on the theme of Leadership. However this time round I wanted to write about the common pitfalls I see various business owners and leaders fall into, which prohibits them to lead effectively or stops them from leading at all. This is quite a longish article which …
Are your Managers real Managers?
Though it is one of the most common and most talked about mistake, I keep seeing it done and repeated in various businesses. The mistake of promoting people into managerial positions based on their technical skills and knowledge, rather than ability to lead, manage and communicate. Then the inevitable happens. The inevitable is that such …
Your Employees’ Work Ethic
I meet many business owners who complain about the work ethic of their employees. Work ethics is a set of moral principles or values that an employee abides by and uses in their job performance. Work ethic is the ability of an employee to have an attitude to perform his/her job duties with high moral …
Using Leadership to Communicate Effectively
Many times I see business leaders, literally suffering as they find it so hard to persuade anyone else to follow their vision. It seems many business leaders fail to grasp how they can influence people around them. Which is why I keep repeating that communication is no longer considered a "soft skill" for business leaders, …
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Leadership Training – Setting you FREE
In my role as a family business consultant, I many times coach and train CEOs, top managers and family business owners on leadership. Such training is mainly intended to give an opportunity to such persons to look within themselves and understand that what’s going on inside themselves and how that is influencing their actions. I …
You are as good as your last show
Once someone taught me that "you are as good as your last show". He meant that you are to remain humble and not let any past success get to your head. He meant that any decision needs to be approached with an open mind and based on its own merits after carefully considering the present …
EU’s Updated Economic Outlook
The EU Commission has today just issued it's updated economic forecast. Overall the EU economic forecast is that we should be bottoming out in 2023, with an outlook to return to overall economic growth across the EU in 2024. On a general perspective accross the EU, notwithstanding a projected contraction of GDP in the fourth …
A Business Blog for SMEs & Family Businesses 