Where do you start? Here are 5 things to include in your digital transformation activity: 1. Figure out your business strategy before you invest in anything Leaders who aim to enhance organizational performance using digital technologies often have a specific tool in mind. “Our organization needs a machine learning strategy,” perhaps. The best combination of tools…
Digital Transformation. Two words you will have likely heard in relation to the use of how technology will improve your business or help you manage through disruption. Did you know that 70% of all digital transformation initiatives do not reach their goals (1)? Why do so many digital transformation efforts fail to deliver? While digital…
Digital Transformation ≠ Paperless Digital Transformation is more than just going paperless or implementing new technology. It means doing things differently in an increasingly connected world — using new mindsets, skillsets, technologies and data to benefit people, society and the economy. We look into the importance of strategy for successful integration, look at how age…
There’s a lot of talk about the need for Digital Transformation across many industries – from small business right up to government. Unfortunately there’s not a lot of clarity on what digital transformation actually entails so there is still plenty of confusion as to what it means. So, what is digital transformation? Many businesses equate…
Business Plans for Tradies Why do I need a business plan for my trade business? It would be extremely unusual for you to start a building project without a set of plans to guide you in its construction. These plans are usually very comprehensive and come with a long list of specifications. Why is it…
Tradies Need to Know Their Numbers Do I need to keep good records of my business transactions? How do I better understand where I make a profit and where I make a loss? You cannot hope to keep a trades business on track for success unless you have a reasonable understanding of the key numbers…
Pick a Niche and Dominate Should I specialise in my tradesman business? Is it better to offer a range of services? With seemingly everyone needing a tradie at times, why is niche marketing so important? That’s a fair question and many tradies prefer to go wide with their customer target for fear of running out…
Tradies – You Need to Build Systems to Replace Yourself Is AI going to take over my business? Am I doing myself out of a job if I build good business systems? Michael Gerber in his book The E-Myth Revisited, talks about the journey of a business owner from Technician to Manager to true Entrepreneur.…