OVER the last 3 years we have witnessed the birth of student run management consulting firms in Australia. Student run management consulting firms harness the energy and enthusiasm of capable students to help non-profits enhance their social impact, and provide a platform to foster mutually beneficial relationships between students and the non-profit sector. Students benefit because […]
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Change is constant
NOTHING exists which is permanent. Your current success is the result of your past efforts and good fortune, and how well you have responded to changing circumstances along the way by seizing new opportunities and avoiding threats. An interesting example of a company that failed to respond to changing times is General Motors. GM was […]
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What is the purpose of a business?
MAINSTREAM economics would have you believe that the purpose of business is to maximise profits. If a business loses money it will soon go bust, this much is clear. Profit is necessary for any ongoing business operation, however the fact that a business makes a profit does not explain the purpose or raison d’être of […]