In the dynamic world of business, success often depends not just on individual brilliance but on the guidance and wisdom of those who have traveled the entrepreneurial path before us. Experienced business owners, with their wealth of knowledge and hard-earned expertise, possess a unique opportunity to shape the future of entrepreneurship by becoming mentors. Mentoring … Read more
There are different tools for business planning, and each has different requirements and different valued applications in the planning process. Let’s delve into these concepts with a systems thinking perspective: Business Model: Business Model Canvas: Business Case: Strategic Plan: Business Plan: In essence, systems thinking is relevant to each of these concepts as it encourages … Read more
Continuing education and training are crucial for small business entrepreneurs for several reasons: Popular subjects for small business entrepreneurs in continuing education and training include: Entrepreneurs access education and training through various means: The specific choice of subjects and educational methods may vary depending on an entrepreneur’s industry, goals, and preferences. The key is to … Read more
An outline of an administrative management plan tailored for a typical sole proprietor
We are creatures of habit. Whatever we do, we get better at. Practise makes perfect. “The path to mastery is through repetition.” “We are what we repeatedly do. Excellence, then, is not really an act, but a habit.” Plato In systems science there is a concept of path dependence. In the realm of practices, such … Read more
In the world of entrepreneurship and small business, success often hinges on your ability to tap into the collective intelligence of your team, network or community. Collective intelligence is the concept that the combined knowledge, skills, and insights of a group are often greater than what any single individual can achieve alone. Think “hive-mind”. It’s … Read more
Conventional Small Business Management Of course every entrepreneur wants to maximize their value offering. But there is more than one way to do this. There is growing evidence that small businesses need to shift their approach in order to management the growing changes, complexities and uncertainties in their business environments. A systems approach offers a … Read more
