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Business growth and creating access for career progression
13 June 2019
Start, maintain, grow - three stages of the business journey. Often, owners ask, how do I extract myself from the account management weeds of my business, and solve my issues around generating, chasing and reconciling invoices?
Or, how do I manage the impact on my business of a productivity slow down when I am in the process of onboarding new clients, contractors, or staff?
Another issue can be around retaining staff, and ensuring employees are paid while making sure the cash flow needs of the business are met.
Our new business hub has been set up to help you successfully navigate these and many other areas of business.
If you’re growing, one of the most likely areas of interest will be increased consideration around hiring staff. The process can be complex, even overwhelming. What sort of employment strategy do you have? Do you want part time, full time or casual staff? Retaining and creating loyalty, especially in a market with low unemployment and high job availability is also important. Investing in your employees to create a place in which they want to work helps stop churn. It’s no secret that increased retention rates decreases productivity loss.
A recent Westpac Small Business Report, based on a survey of 500 Australian small businesses across all industries, found, when it compared the top most 50 successful businesses in its report with the least successful, it was those businesses which were pro-active, especially in communicating with government, working with and in the community and so engaging with their people, that did well.
Small business creates about 40 percent of new jobs in Australia, and the Westpac report found that overall, small businesses are growing and that means they’re employing people.
We spoke with Margie Hartley (above), facilitator, executive coach and now podcaster, about the benefits of investing in employees. Margie has worked at senior management levels in 11 of the Top 20 ASX listed companies. She has run her business, Gram Consulting Group, for more than 16 years.
“My core principal is to create access. It’s just part of what I do. In fact, when I was Director of the Melbourne International Comedy Festival, back before starting my consulting company, one of my achievements was to launch the Kids Comedy Festival and the Travelling Roadshow,” says Margie.
“That was about access,” she continues.
Now, as an executive coach, Margie has access to talent in the business world. Podcasting gives her the opportunity to harness that talent and deal with a subject in 15 minutes - or maybe a little more - to create a stimulating, accessible learning strategy for anyone to tap into who is interested in developing their career or who wants to invest in their employees’ access to the thoughts and strategies of successful business leaders.
According to Margie, “Twenty percent of Australians listened to a podcast in the past week and there are some 8.7 million titles from which to choose.
“Podcasts offer us another learning tool. In my case they put an executive coach in your pocket focussing on topics that will help you in your career - that’s got to be a good thing for access whether you are an employer or employee.”
Margie has tackled topics on Fast Track – her PodcastOne production – as diverse as: How to ask for a pay rise and How to achieve and set goals, to What does positive leadership look like. In an upcoming podcast with sporting legend and business-man John Eales, she will deal with How to be in a team.
Coaching teams to reach creative clarity is one of Margie’s “happy places”, along with unlocking an individual’s potential in the workplace and in their life.
“Sense-making and being able to exercise emotional IQ, that is the future of work and I am not scared of that for people. I don’t see Artificial Intelligence as the issue. I see climate change as our greatest issue,” she finishes.