Unit 11, 61 Flynn St, Wembley, WA, 6014
08 9242 2085 ots@otsmanagement.com.au
Advice from Outside the Square

Monthly Archives: April 2019

How To Become A Resilient Small Business Owner

This week, I was reminded how stressful owning and operating a business can be. A friend had a stress attack that seriously stopped him in his tracks. His doctor said that it could have led to a heart attack from the stress it put on his body's systems. Now, I’m not saying that it was caused by something in his business, but I know he works hard in the business, always looking ahead and thinking about his team, the business key indicators, and on how to improve the business. What I am saying is that for all of us, business is stressful. As business owners we owe it, not only to ourselves, but to our families and loved ones, and to those who depend on us, to stay healthy and resilient. At the end of the day, resilience is about mental flexibility and the ability to adapt to change and uncertainty. How do you do that? Incorporated into our mental flexibility is the mental capacity to understand what you can control, and what you can’t. First, understand what you can control, and what you can’t. Solve issues that you can control. The best way to do this is to act strategically rather than one issue at a time....
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How To Successfully Implement Your Strategic Plan

One of the most important tools of managing the operations and growth of your Indigenous Organisation is its strategic plan. Indeed, if you’ve been following my blog posts, you’ll have seen that I have given you systems to prepare your business and strategic plan, along with implementable tools and procedures to move from a compelling vision to actions. Yet, I still get many questions about how you actually implement your plan successfully. People tell me that while they have followed my training and been able to create practical business plans, the difficulty is in keeping up momentum when they start to implement the plan. In order to keep up the momentum weeks into the implementation, you need to be able to “see” where you are up to and what you have achieved. That way, you are able to gauge your success, adjust accordingly, and quickly understand what is your next step. So what’s the secret? It’s really quite simple. Simple to understand, but hard to put into practice. I have dealt with this topic on my mainstream online training website for business owners. The principles apply to Indigenous organisations who want to implement their plans. Watch this video from my online training website Teik Oh Dot Com...
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