Did you know that around 50% of organisations fail within the first three years of business?
I am regularly invited to be a guest presenter at the UWA Business School to explore innovation and entrepreneurship in small business with MBA students. During one of my recent presentations, Professor Tim Mazzarol congratulated me on truly having survived the ‘magic’ three first years in small business. He outlined that research shows that around 50% of small businesses fail within the first three years.
The question is why? Continue reading Why being strategic is essential for successful organisations