Author name: Luizi Soterio

How to Build Resilient Business

Numerous economic pressures have emerged from various sources and businesses have had to adapt quickly to survive and thrive. But what’s the secret sauce for building a resilient business that stands the test of time? Learning Outcomes What critical tools, habits and systems do long-term successful businesses have in common. How can key strategic pillars strengthen …

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The real cost of business collapses

The many thousands of Australian businesses that fall over the cliff each year impact the economy by billions of dollars. The social consequences are also severe, including bankruptcies, stress, layoffs, unemployment, and even suicides. Michael Fingland, CEO of Vantage Performance, says businesses should regularly assess their financials, identify critical KPIs, and confront the brutal facts …

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‘Productive Paranoia’: preparing for a crisis

How well prepared is your business to withstand any shock? In this episode, Michael Fingland introduces ‘productive paranoia’, a concept that made business author Jim Collins famous. Productive paranoia is the trait of being constantly alert to potential disruptions and challenges that could impact a business. Michael explains the process of brainstorming initiatives and creating …

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Unlock cash with capital working days

Working capital, also known as cash flow, is the lifeblood of every business, yet many businesses fail to understand and track it. Michael Fingland, CEO of Vantage Performance, says as a business grows, the amount of working capital increases. He explains the need to calculate working capital days, for example, capturing the period from purchasing …

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How to be more productive with AI

Retail sales have plummeted, indicating a challenging economic climate for businesses, says Michael Fingland, CEO of Vantage Performance. Working capital management is crucial during tough times, with a focus on debtors, inventory, and creditor management. AI tools can significantly enhance productivity and provide a competitive edge for businesses, and so it’s important to stay updated …

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A perfect storm for the agricultural industry

Farmers across Australia—as well as other parts of the world—are facing a multitude of challenges, including a glut of supply, a surge in production costs, financing and debt issues, inflation, and weather events. Cashflow is being hit hard, and many will still be facing headwinds for another 12 months or so.

AI is the solution to declining productivity

Australia, in many ways, hasn’t recovered since the days of COVID. Productivity, for instance, has continued to suffer and is affecting businesses nationwide. Michael Fingland, CEO of Vantage Performance, says artificial intelligence is a productivity game-changer. He explains why you must understand and embrace AI or risk being left behind.

Looking after your staff’s wellbeing

Increased stress levels are impacting businesses, and leaders need to be aware of the personal stressors that employees may be facing. That’s according to Michael Fingland, CEO of Vantage Performance, who says implementing stress management techniques in the office, such as yoga classes and team outings, can help alleviate stress and improve staff morale. Checking …

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