With the tide slowly turning for Australian businesses, forward-thinking CEOs should be positioning for growth as well as optimising their core business. This means putting customer relationships and innovation at the top of the to-do list and replacing a survival approach with a growth mindset.
Recently, tough economic conditions have driven CEOs to focus on operational effectiveness. While this will always be an important building block for a sustainable business, it’s time to change focus.
Despite some high-pro le closures and downsizing announcements in 2014, the Australian economy is gearing up, albeit cautiously and unevenly. While some industries are still treading water, two out of three companies expect revenue growth in the next year. Anecdotal evidence from Maximus’s leadership development programs con rms this growing optimism.
If you see better times on the horizon, you should be preparing your organisation for growth this year, next year, and beyond. Becoming more customer-centric is vital — it will help you to attract, retain, and grow more customers. Innovation is also important, so you can nd new ways to engage with those customers. But having the best strategy, processes, and technologies will only take you so far — ensuring that you have the right people is essential too.
READ THE FULL WHITE PAPER
DOWNLOADShare
Related Insights
The Power of Change
“How much longer should you wait?” This might well be the most important thing business leaders need to ask themselves in the first half of this century and nowhere is it truer than when it comes to the issue of energy.
A Culture of Commitment
When you truly have skin in the game, everything changes for yourself and your organisation. Maximus Director James Keeler, speaks to the criticality of emotional commitment in leaders.
Carpe Futurum
The opportunities being created by innovation and disruption are immense. Leaders must adapt and learn to be positioned to successfully ride this speeding, changing wave rather than be dumped by it.