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Develop Your Skills Base & Innovate

Develop Your Skills Base & Innovate

Lately,
much has been written about the strong Australian dollar and its
impact on exports and retail sales. Vulnerability to global economic
changes is a commercial reality however; it can also be an indicator
of broader weaknesses in your business’s strategy.

Innovation
and its importance to business sustainability are often undervalued.
Innovation is a key driver of competitiveness for business to
differentiate their products and services from those low cost
competitors in a global market. To compete on quality, flexibility
of design and process, specialisation and customisation or cost,
businesses that embrace continuous improvement strategies will win.  

Innovation is the union of brilliant
ideas
, strategy and clever
management
;
it is not about linear R&D. It is born out of
'in
the job'
incremental improvement and interaction with your clients and
markets. Businesses must:

  • Encourage
    the disruption of the
    'status
    quo'
    ;

  • Address
    customer needs not wants;

  • Develop
    IP and a system to manage it; and

  • Develop
    a culture of continuous improvement.

Every
business must regularly review their strategic and operational plans
and seek improvement on underperformance. And an important strategy
to ‘
in
the job’
improvement is employee engagement and up-skilling. However,
assessing your business’s skills and development needs can be a
complex task. How do you ensure that your growth goals are aligned
to the development plans of your staff?

Launched
in April 2009, Skills for Growth is a workforce development program
administered by Business Victoria, designed to assist SMEs retain and
attract the best staff and reduce skills gaps in the business from
within
the business
.
At no cost to the SME, a Workforce Specialist is assigned to your
business to review and provide a customised Workforce Action Plan.

The
program aims to:

  • Provide
    your business with specialised workforce development expertise and
    assistance;

  • Deliver
    an onsite Business Review and assessment;

  • Develop
    a tailored skills development plan per employee;

  • Align
    business goals and workforce plans; and

  • Assist
    with placement into required up-skill training.

Developing
the expertise across your entire business will improve workplace
practices and procedures to drive productivity and business growth.
And when these improvements are led by well trained staff, the
journey to a culture of innovation has begun.

Michael
Dietrich is Managing Director of Phalanx Consulting Group with
specialist services in Strategic Planning, LEAN Management,
Organisational Development & People Management. Phalanx
Consulting is an authorised provider of the Skills for Growth
Program.

Phalanx
Consulting Group:

Telephone:
1300 731 245

Email: enquiry@phalanxgroup.com.au

www.phalanxgroup.com.au