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20/06/2024

14 years of the Sleepout equals 2 weeks of sleeping outside spread over a comfy 14 years. 122,000 Australians do that many nights in a fortnight and many of them are women and children. We cannot give up on them, they need our support Vinnies CEO Sleepout

18/11/2020

First came ‘WFH’ (Working From Home), then ‘The Third Space’ (working from Starbucks etc) and thanks to the impact that Covid-19 has had on all business models (both traditional and modern), we are now entering into new territory. No doubt businesses will determine for themselves what is the most effective model for the business and all stakeholders including employees and clients, and this recent article from the Harvard Business Review labels a new potential theme, ‘WFA’ (Working From Anywhere).

We thought this may be of interest as you think about and plan for how your business will operate in 2021 .

https://hbr.org/2020/11/our-work-from-anywhere-future

05/11/2020

This week's article "Innovate or Die - Just not the way you thought ..." from the Team at Morgan Shaw Advisory.

Key takeaways from the article include:

- Which department is the most important in a business?
- Does your business consider the internal customer?

- Innovation is just as important from an internal perspective as an external.

- If you can improve the relationship with the internal customer imagine the possibilities…

https://www.morganshawadvisory.com/wp-content/uploads/2020/11/Innovate-or-Die-%E2%80%93-Just-not-the-way-you-thought%E2%80%A6.pdf

21/10/2020

This week's article comes from the Harvard Business Review, 'How to Manage a Hybrid Team' written by Rebecca Knight.

Interesting points from the article include:

- Having some employees in the office and some working from home leads to challenges such as how to ensure everyone still works in sync and how to be flexible, but fair.

- Eight tips are given to address above challenges, e.g. emphasise inclusion, strive for equity and ‘take heart’.

- Two case studies on routine and communication are used to demonstrate the above advice in practice.

https://hbr.org/2020/10/how-to-manage-a-hybrid-team

07/10/2020

This week's article 'You Don't Have to Pivot in a Crisis' is written by Daniel Isenberg and Alessandro Di Fiore and published in the Harvard Business Review.

Interesting points from the article include:

- While most start-up ventures responded to COVID by pivoting to new markets, there were a few that deliberately did not pivot and made minor tweaks to their strategy. A CEO likened COVID to being ‘a wartime scenario with little information, and the worst thing would have been to run amuck’.

- The plan of action for companies who didn’t pivot was to ‘slow down, reaffirm your thesis, trim around the edges, watch the data, and test for weakness — and if you do have to pivot, do it explosively’.

- These companies have adopted the behaviour of a cheetah, i.e. never pursuing at full speed so they don’t over-commit and can change course effectively when required.

https://hbr.org/2020/09/you-dont-have-to-pivot-in-a-crisis

24/09/2020

This week's article 'Why leaders must talk to staff on mental health' is written by Shelley Dempsey, Communications Executive at the Australian Institute of Company Directors.

Some key points to consider are:

- Conversations around mental health have increased during our battle against COVID-19. Regardless of the size of your business, employee well-being is required for operational excellence and many businesses are incorporating health and well-being as part of their business strategy.

- The pressures of COVID-19 have seen advice from experts change in some cases, so it is important to keep up to date with evolving practice in the mental health area and understand what tools and support are available.

- The article provides details on how you can promote positive mental health in the workplace and references organisations where you can seek further training and resource.

https://aicd.companydirectors.com.au/membership/membership-update/why-leaders-must-talk-to-staff-on-mental-health

10/09/2020

We would like to share an article ‘The Importance of the Information Memorandum in the Sales Process’ written by Darren Shacknofsky, Head of Transaction Services at Morgan Shaw Advisory.

An Information Memorandum is one of the most important documents in the business sales process, doubling up as the key marketing document to generate interest from prospective buyers and the key financial document to value the business as a basis for submitting a non-binding indicative offer.

https://www.morganshawadvisory.com/wp-content/uploads/2020/09/The-Importance-of-the-Information-Memorandum-in-a-Sales-Process.pdf

27/08/2020

This week's article ‘Growth opportunities for SMEs’ is written by Shelly Dempsey, Communications Executive at the Australian Institute of Company Directors.

Some key points to consider are:

- The Amazon Launchpad Innovation Report conducted in July 2020 reveals 92 percent of SME businesses feel optimistic for the future, despite the challenges they face.

- There are growth opportunities such as partnering with platforms (e.g. Amazon) to grants funding (please see the article for a list of schemes).

- The important element is to strike a balance between caution and risk. The article provides four pieces of advice to help SMEs battle the COVID crisis.

http://aicd.companydirectors.com.au/membership/membership-update/growth-opportunities-for-smes

12/08/2020

This week's article comes from McKinsey & Company.

The key takeaways are:

• New consumer behaviours have arisen as a result of COVID – in fact, we’ve been writing a new future during months of lockdown and self-isolation

• How can marketers and business owners build lasting relationships with their customers?

• The article discusses six important changes in consumer behaviour (some are acceleration of existing trends, some are emerging). Read to see how they may impact your marketing strategies – you may need to ‘rethink the playbook for the next normal’.

https://www.morganshawadvisory.com/wp-content/uploads/2020/08/MCK-reimagining-marketing-in-the-next-normal.pdf

30/07/2020

We would like to share an article written by Morgan Shaw Advisory: 'The Importance of Cashflow Now'.

The key takeaways from this article are:

- The JobKeeper stimulus package and it's extensions.
- Getting back to basics and understanding the financial position of your business, “Cash is King”.

https://www.morganshawadvisory.com/wp-content/uploads/2020/07/The-Importance-of-Cashflow-Now.pdf

16/07/2020

To navigate the ever challenging business (and life) uncertainties, it helps to get your business Game Ready. Being Game Ready means to maximise the opportunity when it arises, whether you’re selling, buying or merging.

Graham Morgan, Managing Director of Morgan Shaw Advisory and TEC Chair recently presented a webinar on this topic. ‘Are You Game Ready?’ Listen to find out!

Click below for a highlight package or the full 45 minute webinar with Q & A.

Highlights Package: https://vimeo.com/437722027

Full Webinar: https://vimeo.com/437722128

We hope you enjoy the webinar.

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