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Business Operations

5 tactics for effective cybersecurity management

5 tactics for effective cybersecurity management

Research shows that 62% of small and midsize businesses do not have a current strategy in place for managing cybersecurity or safeguarding against cyber attack. Michael Markulec, Vistage …


The Impact of Cyber Crime Why Cybersecurity Should be Your Priority

The Impact of Cyber Crime: Why Cybersecurity Should be Your Priority

While most of us are sleeping, a professional, cyber-military-trained team is attempting to fight off wave after wave of cyber attacks. And that’s necessary in a world in …


Smiling but sinking why the competitive tendering system must not change

Smiling but sinking: why the competitive tendering system must change

In commercial and business-to-government markets, competitive tenders are the very first transaction that sets the tone for how buyers and suppliers do business together. They have been around for …


The new KPIs for modern businesses

The new KPIs for modern businesses

From Twitter to SnapChat, many of the most recognisable corporations in the world are making virtually no profit. Square, FedEx, and Amazon aren’t just industry giants; they also …


Liberate the workforce using technology

Liberate the workforce using technology 

At a roundtable recently, The Executive Connection discussed how new and emerging technology will change, and already is changing the way people work; evolving to a point where …


Innovation and diversification: Lessons from REDARC

Innovation and diversification: Lessons from REDARC

Anthony Kittel has taken REDARC Electronics from operating out of a tin shed to a multi-million dollar company with its own purpose-built advanced manufacturing facility. Purchasing the business …


Tips to better manage your email inbox

Tips to better manage your email inbox

4.1 hours — that’s the amount of time the average person spends checking their work email every day. It’s easy to see why: email has essentially replaced many other methods …


4 tips to running effective meetings

4 tips to running effective meetings

From stand-up scrums to sit-down sessions, meetings take up a large portion of time for any organisation. When managed effectively, a meeting is an opportunity to optimise business operations. …


CEO’s greatest barrier to innovation is time

TEC’s Confidence Index Report revealed that 35% of CEOs consider time as the major barrier to innovation. Time is a precious resource — it cannot be purchased, bartered, …


How to unlock data in your business

How to unlock data in your business

Big data is currently a global industry worth an estimated $130.1 billion — and it’s expected to grow to more than $203 billion by 2020. Businesses in all industries have …


A guide to company culture from 5 successful businesses

A guide to company culture from 5 successful businesses

Developing a strong sense of company culture pays off. Employees who are happy are up to 12% more productive than average workers, able to outperform their peers and consistently …


The guide to organisation structures

The guide to organisation structures (flat vs hierarchical)

. But it doesn’t have to be this way. Organisations can undergo successful restructuring as long as they understand the differences between organisational structures (flat, hierarchical, matrix etc)— …


If we don’t innovate...we’re toast

‘If we don’t innovate…we’re toast.’

In June the CEO of Commonwealth Bank said his business will be ‘toast’ within a decade if it fails to successfully innovate, describing it as an ‘existential imperative’. …


Looking into the Future: Blockchain Technology

Looking into the Future: Blockchain Technology

Blockchain is perhaps the most radical innovation of the last few years – and perhaps one you haven’t yet heard of. With banks believing blockchain technology is the …


What you need to know about disruption

What you need to know about disruption

Why are there no more Blockbuster chains? No more Borders book stores? Why did Kodak declare bankruptcy in 2012? When disruption hit, innovation took too long. We call …


How Well Are You Responding To Change?

How Well Are You Responding To Change?

Today’s business landscape is inundated with established organisations feeling the intense pressures of disruptive new players in their markets. We nearly lost Kodak, for example, Aldi is growing …


Are you Inside-Out or Outside-In

Are you Inside-Out or Outside-In?

Do you frequently struggle to step back from operations to see the big picture? You aren’t alone. Even for those who have managed to allow themselves some time …


Technology isn't your roadblock in the digital world, people are

Technology isn’t your roadblock in the digital world, people are

The world’s connectivity is growing at an exponential rate. While this may be exciting from a consumer’s point of view, it’s giving Australia’s business leaders plenty to think …


A Matter of Time

A Matter of Time

Managing the conflicts between SCOPE, COST and TIME is a key project management skill. Understanding the relationship between tasks and the resources required is an integral ingredient to …


Purpose or Profit

Purpose or Profit?

Why do Enterprises Exist? The question of purpose has become popular at last. A combination of younger people wanting to have a purpose and to work for a …


Margin at the Margin

Margin at the Margin

The power of marginal revenue Understanding the concept of marginal contribution can be a powerful weapon in setting strategy. Once overheads have been covered every extra dollar of …


How CEOs can improve their communication with staff

How CEOs can improve their communication with staff

Staff communications from a CEO represent some of the most useful conversations a business leader will have. Setting business goals and crafting an organisational strategy are obviously very …


3 ways to get your team thinking creatively

3 ways to get your team thinking creatively

For any business leader, it is important to remember that creativity isn’t an endless resource. Over time, a team can burnout and the ideas that used to spark …


Are you working on your corporate culture and values

Are you working on your corporate culture and values?

Many CEOs and business leaders can become fixated on concrete measures of business performance. Cash flow, share value and number of employees can all hint at the success …


What is SEO

What is SEO?

In the 21st century, being a business leader is as much about being present in the digital sphere as it is about meeting in person. As businesses have …


What are the top issues affecting SMEs

What are the top issues affecting SMEs?

SMEs represent some of the most inventive companies within Australia, with the size to move quickly and seize business opportunities that larger companies cannot match. Many people are …


The 10 sites and apps every executive should be using

The 10 sites and apps every executive should be using

There are plenty of apps that can help a CEO achieve highly. Here are 10 which can add value to a business leader and boost their productivity. The …


Creating a flexible working environment for older workers

Creating a flexible working environment for older workers

A recent study has shown mature-age employees are increasingly seeking flexible work arrangements. Is your business set up to cater for this? Australia is an ageing nation and …


Do you have organisational oversight of your business

Do you have organisational oversight of your business?

Building a strong business foundation and having oversight of the whole organisation is going to be essential for rapidly growing companies. A CEO’s job is to be on …


Are your staff driving customer engagement

Are your staff driving customer engagement?

Customer engagement is an essential area for businesses to address, especially as they look to build a strong ongoing relationship with clients. Your staff are the face of …


Entrepreneurs and intrapreneurs: Understanding the difference

Entrepreneurs and intrapreneurs: Understanding the difference

Many businesses try to foster innovation, but are you aware of the difference between entrepreneurs and intrapreneurs? Companies must constantly innovate to bring new products to market, grow …