If you’re an SME, you’ve probably heard it from all angles about how important it is to measure your metrics, discover your data and analyse your analytics. It’s easy to say, but often harder to appreciate the real ‘why’ of spending time and money on this. After all, if your business is going well, why…
Wanting to measure and monitor performance is nothing new for businesses, and yet many SMEs still seem to be in the dark about how they are doing, both internally, as well as compared to their peers (although, as we said in last week’s post, just focussing on your own business is the best start).
We’ve welcomed in 2015 and most of us are back to business, hopefully with a renewed energy and optimism for the year ahead. Of course, this part of the world also welcomes in the new Lunar New Year in a few weeks where we wave goodbye to the year of the horse and start afresh…
We are now able to collect more data, in a faster time, than at any other point in history. Think about an average day – you use a smartphone to share stories and photos online, you access your online banking through a web app, you make purchases from your tablet, you download your favourite music…
Leading an organisation might often feel like a never-ending line of decisions to be made. In today’s fast-paced marketplace, making the wrong choice, or making it too late, can have a negative impact on your success, your brand and your profitability. Gone are the days where companies had analysts reviewing every data source imaginable; in…
Think back to a time when your organisation was still in its early days – what would you have told yourself, and others at that time, knowing what you know now? How would years of wisdom, experience, success and failure changed what you did? Would you have taken more risks? Would you have invested more…
What does a ‘growing’ company mean to you and your industry? More staff? More machinery? More manufacturing? More warehouses? More locations? Definitely more sales and more customers! But have you ever considered that while all of the above are inevitable for a growing business, that the most challenging element might be (literally) staring you in…
They all started there – in that startup phase where the CEO was also the operations manager, the production manager, the sales and marketing guy, the hirer and firer, the chief problem solver. They knew everything about the organisation because it was their concept, their baby and they knew every contact, every sale, every team…
Ensuring your company manages change and risk effectively can be tricky: Change and risk are often mutually exclusive in our organisations; you can’t embrace risk without some form of change taking place, and you can’t implement risk-free change. So what should you do? Stay safe and never change? Or, jump into risky situations whenever they…
This post was previously published on 28 February 2012. For more up to date information on the PIC scheme and other budget initiatives, please refer to our most recent blog post on Singapore Budget updates, with the latest available information from IRAS. For the full details, visit the IRAS PIC site. Many clients approach Blue…
