Board Associates

06/10/2024

Pit your very soul against the unknown and seek stimulation in the company of the brave…

(from the Gurkha museum in Nepal)

06/11/2023

Harnessing Team Insights for Strategic Success

In my role as the founder of Board Associates, I've come to appreciate the invaluable wisdom that lies within a team. Our latest discussion, now available on the Board Associates' website, is a testament to this. It underscores how advisory boards, when armed with insights from within the company, can significantly influence the strategic agenda.

What often surprises me is the number of hidden issues that even the most astute business owners may overlook. These underlying challenges, when brought to light, can dramatically shape a company's trajectory. Our approach to unearthing these insights is not just unique; it's crucial for setting the foundation for effective strategic planning workshops. By grounding these workshops in the reality and wisdom inherent in the business, we ensure that strategic plans are not just visionary but also practical and executable.

Moreover, the impact of a well-functioning, stable, and high-performing team culture cannot be overstated, especially in the context of business exits and succession planning. A robust team culture doesn't just drive business success; it enhances the value of your business, attracting a higher multiple from potential buyers or successors.

I encourage you to explore our latest article on the Board Associates' web page. It's an exploration of how leveraging internal team wisdom, guided by strategic advisory boards, can lead to significant business improvements, successful exits, and effective succession planning.

https://www.boardassociates.org/resetting-culture/

Explore insights from industry leaders Belinda Straughn-Winks and Matthew Dunstan on reshaping workplace culture for business improvement. Discover sustainable practices, challenges of rapid growth, and the power of strategic planning.

03/08/2023

Some people talk sustainability and others act.

It’s a pleasure to be associated with a company who is not afraid to take a stand on sustainability and who don’t only do it for themselves, but also provide real-world solutions for their customers too.

Almost 12 months on from becoming Australia’s first technology lifecycle management company to become carbon neutral, we have another significant “feather in… | 19 comments on LinkedIn

09/07/2021

Paying the right attention to your sales metrics is a crucial element to understand your revenue pipeline.

At times, we often spend a large percentage of time reviewing information that leaders can do very little to influence.

Check out Harvard Business Review recent article on the indicators within the sales organisation that they believe will ultimately produce results for any business.

Four indicators that will give executives a clearer picture of the revenue pipeline.

11/06/2021

Over the last few weeks we’ve seen many of our clients turn their attention to implementing fresh marketing strategies into their business plan.

We thought it is fitting to share with you our ‘cheat sheet’ questions for guiding marketing budgeting and planning ✅

Check out our recent blog post on how these business strategy questions and creative tips drive marketing planning.

Many of our clients turn their attention to implementing fresh marketing strategies into their business plan. We thought it is fitting to share with you our ‘cheat sheet’ questions for guiding marketing budgeting and planning.

04/06/2021

You've got your strategic plan in place, it's now time to implement it!

To help with your implementation phase or some strategic inspiration, check out our favourite books 📚

1. Playing To Win - Alan G. Lafley and Roger Martin
2. Great By Choice - James C. Collins

If you are looking at some guidance during the implementation of your strategic plan, reach out to the team of expert advisors at Board Associates - [email protected]

02/06/2021

Strategic plans can often be seen as too hard, easy to forget and hard to manage. dread to-do lists, and often a strategic plan is seen as one 📝

Strategic planning is two-fold. Think of it as a driver FOR your to-do list. Once you do this, you can prioritize what you can do to achieve your .

Check out our video on how plans aren't a to do list, they are there to change something 🤝

31/05/2021

EOFY calls upon many nightmares for business owners.

Rather than approaching the end of financial year with dread, see it as a new chapter closing and fresh opportunities awaiting.

At Board Associates, we've devised some prompts on how to make EOFY run as smoothly as possible.

1️⃣ Meet all your EOFY compliance responsibilities
2️⃣ Ask about potential business deductions
3️⃣ Prepare for the new financial year ahead - specifically, budget setting!

If you'd like some help with any of the above, we'd be happy to schedule an initial chat to discuss how we might be able to help!

31/05/2021

Business thought for the day...

29/05/2021

Running a business can swamp you into day-to-day problems and owners can often forget the bigger picture.

However, investing time to create and manage budgets, create and review strategic and business plans and monitor business finances and company performance, will help your business operate successfully!

Our key benefits to budget setting include:

✅ Better ability to make sustained improvements and predict problems
✅ Correct financial information to make decisions
✅ Improved clarity and focus both personally and in your business
✅ Increased confidence in your decision-making

To learn more on budget setting, visit our website: www.boardassociates.org

28/05/2021

67% of organisations strategic plans fail.

For any business, strategic planning is fundamental. They are a key to the future and help create direction for your business, as opposed to reacting to the market place daily.

Establishing how you’ll change as a business, while the external circumstances change, will allow you to demonstrate a clear understanding of what the result will be of failure or success.

Check out our video on why strategic planning fails so you can ensure your business doesn't fall into the same trap.