Each year, the Australian Securities and Investment Commission (ASIC) publishes its insolvency report. For 2019-2020, the top cause of business failure was inadequate cash flow or high cash use in 51% of cases. 85% of failed companies had estimated assets of $100,000 or less, and 38% had estimated liabilities of $250,000 or less. The adage […]
We’ve been talking a great deal about stress on the blog lately, and with good reason. According to a recent poll from Kaiser Family Foundation, 46% of women and 33% of men said the fear of COVID-19 has negatively impacted their mental health, and among adults who have experienced income or job loss due to […]
According to a recent survey conducted by the American Psychological Association, stress is at an all-time high among working adults as a result of COVID-19. From Science Daily: “As the global pandemic continues and parents juggle child care, work and schooling demands, the mental health toll on parents is growing, warns APA. At the same […]
Because of the COVID-19 pandemic, many companies around the world have had to implement voluntary or mandatory remote working policies. Business owners and managers are contending with this new reality that requires them to lead their teams from afar. You might be worried about how you will keep morale and productivity high, communicate effectively with […]
One of the best ways you can invest in your leadership development is through continual learning. Fortunately, in the age of the internet, there are scores of opportunities online to do just this—often for free. Podcasts, for instance, have become increasingly popular in recent years, allowing leaders to learn top strategies from some of the […]
Any business out there can experience a huge crisis at some point: a lack of customers, poor cash flow, or bad marketing. Whatever the case, dealing with the issue is a must. Luckily, there are many things you can do to minimise the effect the crisis has on your company and get past it as […]
When bad news comes around, it can often be devastating to a team. Whether it’s a project failure, a tightening of a deadline, or the removal of resources, it can kill their motivation to keep trying harder. You don’t want this to happen, so what do you do? Here’s how to break that […]
Today, we’re completing our series on The 7 Habits of Highly Effective People. There’s a reason why Stephen Covey’s global sensation has been a bestseller for decades. The information found within the pages of this book truly has the power to change your life both in the personal and professional spheres. My hope is that […]
Today, we’re wrapping up our mini-series on brain science. If you’ve missed any of the installments in this series, you can learn more about unconscious bias in Part 1 and Part 2 of the series, and in Part 3, you can discover 3 easy ways to help your brain learn. Today, we’re going to […]
Julia Sperling is a medical doctor with a background in neuroscience. She’s also a faculty member of McKinsey Leadership Development. Her work focuses on shifting mindsets and behaviors by highlighting beliefs and biases that constrain personal growth, learning, and job performance. These include misconceptions about how the brain works, often popularized by bad journalism and […]