Business incubation was a concept that started in the United States in 1959 when the Batavia Industrial Centre was opened. Incubation expanded in the US and spread to the UK, then Europe. The following graphic shows a “potted history” of business incubation. In Australia, business incubation was supported by governments in the 1990’s but since then, the term has been somewhat debased by “fashion” and carpet-bagger consultants trying to ride a catchy phrase transformed it to become an offering of its parts rather than as a total concept. Hence many consultants now offer “Business Incubation services” to Indigenous organisations, to the extent that in Indigenous organisations today the term “Business Incubation” means to offer community members some form of support to help them start business, whether this be micro-financing, business planning services, or book-keeping services. While these individual services can help Indigenous small business owners, taken as individual services they cannot holistically help develop a start up business invariably conceived by someone in the community who is starting up from ground zero. Business services provided singly do not provide the support and tailored tutoring and mentorship to ensure the business aspirants are taken on the whole journey of business start-up and establishment. What is an aspirant going to...Read more
Indigenous organisations, especially Native Title Prescribed Body Corporates and claim groups need a vision statement. This statement should serve as the sign-post to point all activity towards the greater outcome of the group, whatever that may be. It should provide a clear and succinct direction about the purpose for which the group came together and the aspirations they are working to achieve. This statement should also point to the way benefits are prioritised to avoid day to day arguments about who receives benefits or why some activities are funded and others are not. A clear vision statement becomes the guide for Boards and funds trustees about the allocation of priorities. Yet, many PBC’s and other organisations have vision statements – why isn’t this helping clarify priorities like it should? Let’s face it; many existing vision statements do not clearly point the way. They are word-smithed in long workshops that make every participant tired, they are often facilitated by “management consultants” who cannot bring the theory into the world of Aboriginal dynamics, and they often leave behind the communities that these statements are meant to represent. What you end up with is something so generic that it is meaningless, or even if the expression is good,...Read more
OTS Management has gone through some subtle changes recently, in particular, realising that the company's brand is changing. No, not in the things that are in our DNA - our values and service culture will never change. We continue to break our backs to give you the outcomes you need in all our assignments, we continue to act with empathy and understand and respect Indigenous culture, we continue to understand that our work bridges Two Worlds. What has subtly changed is that we realise our work is more and more centred around the skill and capacities of Teik Oh.Read more
Our service offering is now based on Teik's experience in working with some of the most successful Native Title PBC's, claimant groups, and Indigenous social enterprises. Teik's service offering is to Guide, help Plan, and Facilitate the growth and development of Indigenous organisations across Two Worlds by listening then using his commercial experience and B2B networks to help the client. In reflecting these developments OTS Management have revamped the website at www.otsmanagement.com.au and we invite you to have a look at it and tell us what you think....