Mid-size businesses in Australia tend to be overlooked – they aren’t so big that they generate their own gravitational pull, and aren’t so small that a blip in the economy could result in closed doors.
In a recent article published by Grant Thornton US, it was cited that an estimated 43% of the US workforce (being 60 million people) will be contingent workers by 2020 and Australia shows no sign of diverging from this trend.
Ben Matthews recently met with the Managing Partner of a mid-tier legal firm to discuss the struggles he was facing in trying to build a successful partnership, including attracting and retaining great people, optimising working capital, maximising tax efficiencies, retiring debt and funding investment.
‘Culture eats strategy’ has become accepted business wisdom. But is it possible for dynamic companies to maintain their unique culture and appeal as they expand and avoid the growing pains that affect so many firms?
The Corporate governance report 2017 provides practical recommendations for boards to consider when working with leadership teams in order to successfully develop a strong corporate culture.
Mid-size businesses often start out small and a small team is very much like a family.