I would be a much richer man had I collected at least 10 Euros each time a family business owner said this to me - that management is just common sense. This statement, often uttered by business owners, particularly those with a background rooted in operations, reveals a fundamental misunderstanding of what management truly entails. …
Consumer Confidence
The attached is a graph of the Consumer Confidence Indicator (CCI) in Malta from end 2018 to June 2025 and the Major Purchases over the next 12 months (MP12M) indicator over the same period, as published by the Central Bank of Malta in its Economic Updates. . The above gives us a lot of data …
Attracting and Retaining Top Talent: The Challenge Family Businesses face amidst Malta’s Tight Labour Market
In Malta, where the labour market is notably tight, all businesses—including family businesses that form a significant part of the economic landscape—are finding it increasingly challenging to attract and retain the best talent. This critical scarcity makes it imperative for family businesses to address their unique structural challenges proactively, ensuring that inherent issues do not …
Latest Business Sentiment
The Central Bank of Malta's Business Dialogue 3/2025 report, just published today, provides key insights gathered from 60 interviews conducted with local non-financial corporations (NFCs) between April and June 2025. This exercise collects information on current business conditions, short-term activity expectations, cost and price changes, investment and employment plans, and wage growth expectations. The below …
Helping Family Businesses do a Professional Revolution
Family businesses, the very backbone of Malta's economy, navigate a complex landscape where the personal often intertwines with the professional. While contributing significantly to the nation's commercial fabric, these enterprises are simultaneously grappling with a distinct set of challenges that frequently hinder their growth and longevity. Perhaps the most prominent hurdle facing Maltese family businesses …
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Why Managers with an Operator’s Mindset are Traumatic
Employing or promoting individuals with a strong operator's mindset into managerial positions is a common pitfall for many family businesses. While the dedication and efficiency of operators are invaluable at a certain level, an over-reliance on this skillset in leadership can stifle growth, innovation, and long-term sustainability. This article explores the issues arising from such …
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The True Cost of “Saving”
I have been wanting to write on this delicate subject for years. I was always hesitant as I feared that I might be misunderstood. However, I have decided to run the risk and cross the Rubicon, hoping that my message is clear enough to set you thinking without being deemed to be offensive. I fully …
How a CEO should Navigate Micromanagement from a Family Business Owner/s
Being an external non-family CEO of a family business, isn't just a job title; it's an intricate dance. You're not just dealing with spreadsheets and strategies; you're navigating a tapestry of personal histories, deep-seated emotions, and that powerful, almost primal, desire of an owner to protect what they've poured their life into. When that protective …
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A Tipping Point
I firmly believe that Malta stands at a crucial juncture. We have a vibrant economy built on resilience and adaptability, now confronted by a much needed shift. Our economic growth has relied heavily on an ever-increasing influx of foreign labour, masking a stark reality: a rapidly declining indigenous population. This is not merely a statistical …
Evolving Leadership: How to Steer Your Growing Business to New Heights
As a business expands, the demands on its leadership inevitably shift. The hands-on, "doing everything for everyone" approach that might have propelled an early-stage venture to success can quickly become a bottleneck, hindering further growth and frustrating the very leaders who built the company. I was recently listening to a Harvard Business Review podcast that …
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