Published on 10 August 2014 How Successful People Stay Calm by Travis Bradberry, Ph.D. published 5th August 2014 The ability to manage your emotions and remain calm under pressure has a direct link to your performance. TalentSmart has conducted research with more than a million people, and we’ve found that 90% of top performers are […]
Category: Business Advice
Working With Trades Unions to Promote Consensual Turnarounds #009
Published on 10 December 2010 by Tony Groom A Company Doctor and former President of the Turnaround Management Association, who seeks to save companies, and who does not work for banks, has approached a number of UK trades unions with a view to forging a collaborative approach to dealing with companies in financial difficulties. Currently, […]
Times are Tough for Commercial Landlords #069
Published on 24 November 2011 by Tony Groom Commercial landlords are coming under pressure from all sides in the current economic climate. The plight of those landlords in the retail sector has perhaps been the most widely publicised as more and more empty shops appear on the High Streets where retailers have either ceased trading […]
The Roller-coaster That is Magazine Publishing #067
Published on 4 November 2011 by Tony Groom The magazine publishing industry has been on a roller coaster ride for many years as print advertising revenues have plummeted, driven partly by a shift to online advertising but more recently by the drop in marketing budgets during the ongoing economic crisis. There has been a great […]
Successful Retail Business Models Can Happen in a Depressed Market #059
Published on 1 August 2011 by Tony Groom Despite the ongoing doom and gloom on the High Street there have been some bright spots. All the following success stories illustrate a crucial point – that retail decline is not terminal, as long as businesses think innovatively. The first success story is Coffee Nation, which has […]
Save Your Company by Terminating Onerous Contracts to Cut Costs #018
Published on 10 December 2010 by Tony Groom Many directors are afraid of terminating contracts and agreements when their companies are in financial difficulties normally out of a concern that termination will lead to a cancellation payment that the company cannot afford. If a company is experiencing fewer orders or lower sales, for example, generally […]
Redundancy Costs Due to Staff Reduction Can Leave a Company Insolvent #006
Published on 23 December 2010 by Tony Groom Companies struggling to survive a severe economic downturn like the current one often consider ways to reduce their overheads. Generally one of the biggest costs on a business is the payroll and looking to redundancies as a way to reduce them is a common response to a […]
Norman Tebbitt said “Get on Your Bikes”, we Say “Get on a Plane” #071
Published on 3 July 2012 by Tony Groom Optimism has been in short supply as 2011 comes to its end and businesses will need to be even more innovative and proactive if they are to survive and grow in the face of the gloomy economic predictions of stagnation for the next few years. The Office […]
Many Companies for Sale turn out to be Insolvent #056
Published on 8 July 2011 by Tony Groom Many companies are being listed for sale through brokers with high price tags based on very tenuous valuations, where the owners have been deceived into thinking they will be paid a huge amount for their equity. However, on closer inspection it turns out that many of them […]
Is Your Business Structure Holding Back Your Success? #013
Published on 23 November 2010 by Tony Groom The structure of a business is crucial to its success and often it can get in the way of growth. An example is the lack of built-in capacity for growth. If a business needs to build another factory, say, then if the funding is not in place […]