The Cost Leadership Strategy is used by corporations in order to enhance the profitability of their business. The strategy stresses https://strategywork.info/choosing-a-product-development-strategy cheap production in order to attract a more substantial population base and maximize sales. The low-cost developing processes also decrease the costs associated with the availability process, hence increasing […]
Month: March 2022
Growing With The Gig Economy: How to Navigate the Casualised Workforce
The social contract between employers and employees gets rewritten every generation. None more so than in the past 18 months, as millennials and Gen Zs embark on their careers in a pandemic-battered climate. This new generation of workers is empowered by the belief they can control how, where and for […]
Twitter launches mobile storefronts ‘Twitter Shops’
A new feature will allow select merchants in the US to showcase up to 50 products directly on their Twitter profiles. This mobile storefront feature, which is free to use, will allow merchants to highlight a catalogue of products that can be purchased on their website. It is currently in […]
Let’s Talk: How to create a truly inclusive culture
So your company has hired a diverse workforce of people of various ages, ethnicities, genders, and religions. Finding and hiring people with such diverse backgrounds and characteristics is an accomplishment in itself. Is this to say that you can cross diversity and inclusion (D&I) off your to-do list for creating […]
SME owners face tough 2022 after fall in January sales growth, but jobs and wages remain strong
Nicola Reindorf and her husband Orlando Reindorf own The Standard Store on Crown Street in Surry Hills, Australia. They had their best December sales in 2021 during lockdowns when parties and restaurant reservations were cancelled, and people wanted to give a nice gift instead. “A lot of customers had connections […]
Turning to tech could be your remedy to the Great Resignation
Whether you dub it The Great Resignation, Realignment or Reshuffle, Australians are preparing to change jobs this year. In fact, 43 per cent of Australians say they plan to search for a new job this year – that’s more than 5 million workers. It’s alarming news for employers desperate to […]
Funding roundup March 7 – March 11: Archipro raises $32.6m in Series A, PredictiveHire raises $7m in pre-Series A and White Label Startup CIMET Secures $26.6m strategic partnership deal with iSelect
Dynamic business brings you the key startup fundraising rounds from this week: Andi Health, a digital health startup based in Sydney founded by Akshin Goswami, David Corbineau, Gloria Yu, and Luke Grana, has raised $600,000 in its pre-seed round. With a lead investment from Brenteca, the funds will help the […]
5 tips on welcoming teams back to the office
As things begin to look up and cases go down, many offices are opening their doors once again to employees. However, a return to the office environment might not be as straightforward as you’d expect. After almost two years of working from home, there are likely adjustments to be made […]
Designing open finance for small businesses in Australia
A few weeks ago, Treasurer Josh Frydenberg finally announced that the government will start working on the expansion of the Customer Data Right (CDR) to financial services, which will effectively enable regulated Open Finance in Australia. This is another step to keep the country in a leading group of nations […]
The Ukraine crisis effect: What a rise in interest rates and global supply chain woes mean for Australian SMEs
Businesses have been warned to brace themselves for an increase in interest rates, with CBA predicting the first interest rate hike to be as early as June due to supply shocks caused by Russia’s invasion of Ukraine that is likely to push prices up. Businesses have previously enjoyed record-low borrowing […]