Many businesses are struggling to find the right people in this economic environment. Unemployment is at a low of 3.9% meaning there are less people available looking for jobs. Daniel Wong from The Alternative Board gives a few comprehensive tips that small businesses...
Hiring challenges rage on for small businesses and big corporations alike, with little chance of a turnaround coming any time soon. According to the latest statistics, Australian unemployment rates have been hovering around 3.9%. Hundreds of thousands of job openings...
After graduating from college with a law degree, I went to work for a publicly owned company. My boss informed me on the first day that my decisions needed to be guided by the principle that the purpose of the company was to maximise growth and profits. This certainly...
These days, innovation counts as a key differentiator among competing businesses. What are the next great ideas and who will come up with them? Companies that rely upon a small group of people within the organisation to develop proposed innovations may be missing out...
Ensuring a disruption-free supply chain is (or should be) a key goal for every CEO and business leader. This facet of operations has become even more prominent, due to supply chain troubles surfacing within the past several months. According to Logistics Plus,...
Working from home was launched truly into the mainstream with the emergence of the pandemic in 2020, but as concern for COVID-19 recedes, getting employees back into the office can be a challenge. According to a recent article by ABC News, Tesla chief executive Elon...
LinkedIn is a mainstay social media platform for business owners and professionals. No news flash there. But while most of us understand that having an engaging LinkedIn presence can bring tremendous value, many feel that the effort involved can be overwhelming....
Hiring challenges rage on for small businesses and big corporations alike, with little chance of a turnaround coming any time soon. According to the Australian Bureau of Statistics, the total job vacancies in Australia were 423,500, an increase of 6.9% from November...
For nearly two years, the global supply chain crisis has wreaked havoc on businesses across the world. It wasn’t anything anyone expected, and many businesses had to adapt in order to survive. Even today, we continue to feel the impacts of this ongoing issue. Like...
It is still a tough labour market out there. The Great Resignation and the lack of of eager job candidates are keeping business owners shorthanded and clamouring for new talent. In many cases, this results in a business’s profound inability to meet customer needs....
The current job market is competitive; why make it any more difficult to recruit and retain the right people for your company? Too many businesses focus on getting bodies into open positions, but neglect grooming new hires (as well as veteran employees) for positions...
If you are a business owner experiencing an influx of young talent to your team, it might be time to consider creating a mentorship program. There is an onslaught of young, remarkable talent either still new to or just about to enter the workplace. It is estimated...
At The Alternative Board, we've heard hundreds of stories about how and why clients got into business. Each story differs, but one thing remains common: every one of them got into business to provide better services to their customers than the competition. The truth...
You don’t need a crystal ball to see that supply chain disruptions are likely to continue for some time to come. As we are all becoming painfully aware, supply chain disruption “is a major factor driving prices higher around the globe,” notes CNN, “… and predicting...
Twelve years ago, Nicholas’ love for laser tag inspired his father to build up a company that continues to do better every day, despite the many hurdles thrown towards it especially during the current pandemic. Laser Warriors is a mobile laser tag business that...
The facts are in–inflation is growing much faster than wages. Simply, it costs more to do business, and most analysts agree there is no quick fix. The Australian election campaign has been heavily focused on inflation and the cost of living, and both parties agree...
When the pandemic saw international borders close, international students were some of the most dramatically affected. Thus, owning a business working with international students was a most challenging time. Danielle Pringle is an individual business owner,...
Chances are, most successful individuals have benefited from being mentored by a CEO, owner or another business leader at some time in their professional career. If you’re among this group, you’ll likely remember how valuable the experience proved to be. Generally...
"Since joining TAB, we’ve realised that the challenges and experiences of being in business are universal. So, the different perspectives from the board members, the structure and the format TAB uses has really helped us to foster strong and productive relationships....
"Being a member has given me far better clarity and direction in both my business and work-life balance. Speaking openly about the challenges facing my business with the other board members, having them share their ideas, likely solutions and opinions, has helped...
"Our mentor and fellow board members hold us accountable for the goals and actions we share, so you want to make progress on them each month. Our Facilitator asks hard questions that we've been avoiding asking ourselves, ensuring we answer truthfully and then do...
"The Alternative Board have been a very important part of my business growth and my personal growth as the owner of the company. When I went into business I didn't have any idea of what to expect, or even what I wanted to achieve. The Alternative Board have been...
"Working with TAB is engaging and informative. Board meetings provide structure and opportunity to air an issue or raise a concept for consideration. I found immediately that there was a high degree of professionalism and respect around the table. ...
"As the sole director of Balance at Work, I appreciate the TAB concept. Networking groups do not provide this support and TAB provides an instant, structured way to get feedback and input. We have had a shift in focus for the services we deliver, with a...
"As a member of TAB for more than four years, I've been consistently impressed to see how TAB helps business owners achieve more profitability, productivity and personal fulfilment. To have an organisation like TAB focusing on helping other business owners is...
"The opportunity to offer and receive experiences from the various TAB members in an open and frank environment has assisted in managing my business. It really does embody the phrase " a problem shared is a problem halved". Having alternative views to...
Small businesses in Australia are increasingly falling behind due to their lack of involvement in digital tech. Reports suggest that these businesses are less likely to be making any revenue through online means and don’t offer online payment options to customers...
Discover more by finding your nearest TAB Board facilitator.