Article by: Sara Pantaleo Crisis management is a necessary skill for any business to have. It’s the process of identifying threats and mounting an effective response to prevent further damage or loss. Businesses that plan to prevent crises from spinning out of control can limit the damage when something goes wrong. This process, known as…
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When I first joined the family business, I found it very difficult to break through the sexism and invisibility of being a woman in a male-dominated industry. Even though I was developing and improving the business, I was seldom acknowledged in the early days and treated like a little sister. Not just from my family…
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It takes 20 years to build a reputation and five minutes to lose it..Warren Buffett What is a crisis? A time of intense difficulty or danger? So, in business, a crisis is related more to a significant adverse event with possible reputational damage. An out-of-the-ordinary event, disclosure or set of circumstances, real or perceived,…
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So it’s the end of the financial year, and your accountant reports your business has a nice profit. You are surprised and tell them you cant understand as you have no money in the bank and don’t know how you will pay the taxes on the profit. According to a report released by ScotPac in…
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Does Diversity mean better performance? In the last few months, there has been a lot of news about gender issues and how our Government has handled complaints by women for serious alleged incidents. Many private business leaders were horrified and I have heard many say, ‘This would never be tolerated in private business!’. We have…
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