The MHC Blog

Powerful Business Insights for Succesful Leaders
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Making the impossible possible!

The UK Environmental Minister, Michael Gove, recently announced that Briton will ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health.  23 years sounds a long time away, but the move to electric cars and vans will take many years to achieve. 

Car Companies need to move forward on electric innovation and the development of technology, charging stations need to be incorporated into the landscape and finally the population mentality needs to change in line with the Governments vision.    Electric cars currently account for less than 5 percent of new car registrations in Britain, with drivers concerned about the cost and limited availability of charging points and manufacturers worried about making expensive investments before the demand is there.  The statement from the Government was therefore a huge step towards the protection of the environment.

What is important here is that the UK have announced a date and committed to significant change in mindset.  By doing this they are already half way there to making it happen. Without the vision and commitment, then big, life changing events do not happen. Who can forget John F Kennedy’s famous 1961 speech “I believe that this nation should commit itself to achieving the goal, before the decade is out, of landing a man on the moon and returning him safely to earth”, by committing to this achievement both financially and verbally, man landed on the moon in 1969 with the eyes of the world watching.

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Are your internal systems customer friendly?

As a small business owner, we are constantly dealing with complicated, red tape heavy requirements of obtaining and keeping a Company trade licence, personal visas and Company bank accounts.  Even after setting everything up and being able to move forward with our work, we have annual renewals to contend with and after 5 years of doing this, it seems the process changes annually and every action requires at least 5 visits to the bank or sponsoring Company to update everything.

The internal systems and connecting departments all work independently of each other.  Departments that work alongside each other are not able to connect the dots and help us move forward.  Even “Relationship Managers” seem to complicate things rather than simplify and you are often puling your hair out with frustration as you struggle to find a straight answer.

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Why it's important to be clear as a leader

Say what you mean

I watched with interest the James Comey meeting with the Senate Intelligence Committee.  Highly interesting on many levels and I am sure this is not the last we have heard about the situation.  The main learning I took from the meeting is that Leaders need to be clear when giving instructions or making a request.  Much of the meeting with the Committee seemed to be based around the phrase “that’s what I took him to mean”. 

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The Leadership Gap and Why Baby Boomers Need to Step Up

It’s a fact: Baby Boomers (those born between 1946 – 1964) are retiring at a greater rate than ever. Many, like myself, had to delay their departure from corporate life due to the recent recession but are now making up for lost time by finding alternative ways to make up their retirement pot deficit to live the life they have dreamed of for years.

They are doing this by creating lifestyle businesses of their own, increasingly online, where they can utilise the actual technology that was one of the reasons for their decline in face to face communication and hence engagement within company cultures over the past 20 years.

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4 Reasons You Should Use a Business Coach to Get Results

Business coaching is a modern day concept. Many businesses, especially those that think outside the box, are recognizing that having a business coach is a powerful tool that your business can take advantage of. Let’s look at 4 reasons you should use a business coach.

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Employing Across Generations

At MHC Consulting, we work with Companies of all sizes and industries.  In our experience, regardless of Company size, when we first speak to clients to ascertain their business pain points, the main issue we hear is "people" – finding, attracting, hiring, retaining and dealing with poor performers.  The frustrations currently seem to be pointing at "just how do you manage millenials in the workplace?", a question we are frequently being asked and a challange that Generation X is struggling with.

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Will Your Business Benefit from a Business Coach?

The economy goes up and down. Right now, it’s difficult to predict next months results, let alone next years. Managing your costs is important to your growth and survival, and when the economy is performing sporadically, it is even more of a challenge. Experts say that 58% of companies have a shortfall in leadersand many companies are actually cutting their development budget as part of their cost cutting measures.

Before you make that cut, you might want to think long and hard about whether that’s the right choice for your business. When you take development away from the executives, it can be detrimental. Leading is actually special skill. A key leader can find a business coach a very helpful tool to navigate through the storm and continue to grow and prosper.

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How to Source A-Player talent

Recruitment takes time and can cost a Company money - the price of getting recruitment wrong is reported to be 15 times the bad hires annual salary!

To quote Anne Mulcahy “Employees are a Company’s biggest asset, they’re your competitive advantage.  You want to attract and retain the best, provide them with encouragement, stimulus and make them feel that they are an integral part of the Company’s mission”.

The trick is sourcing talented A Players to join your team ideally with the required level of qualifications and experience. Companies need to recruit for their culture first and skills second, recognising that by offering training to get the employee up to speed technically they will attract A Players to their Company.

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Mars 2117, now that's what we call a bhag!

We encourage our clients to have a clear vision of the future that can be articulated clearly for all their teams to align around. After all as Jim Collins wrote, getting things done in business is 1% strategy and 99% alignment. 

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How an Outsourced HR Director is Great for Profits!

 

Meet Claire Donnelly, a solid HR Consultant with over 30 years experience in the profession.  In her words, there isn't a HR problem she hasn't seen before.  She is the Co-founder of MHC Consulting who's mission is to give business owners back their freedom and allow them to grow their team and business in a sustainable, manageable and more enjoyable way.
Claire takes on the role of an outsourced HR Director for many business owners.  On behalf of a client she will get involved in the HR operations of a business and help the business owner make the right decision so that all HR decisions are cost efficient to the business and have a positive effect on the health of the business.  As she says in the episode HR does affect a company's Profit and Loss Accounts.
Listen to the podcast: 
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Four Things You Can Do Today to Improve Your Leadership Skills

 The transition from employee to business owner is a liberating one filled with freedom and excitement. However, it can also be a difficult one. Shifting from a single area of expertise to working and leading across many disciplines often falls outside the comfort zone for many.

In the early stages, you cope – yes, there’s a lot to do but fuelled by passion, you’re happy to work harder than you have ever done before and the learning will be hard but deeply satisfying.

But what happens when you start to scale up? What happens when the sheer volume of work becomes too much and you become responsible for a team?

This is where good leadership (and delegation) skills are invaluable and you move from being a business owner to a business leader. I have helped many clients develop the skill set required for this process and often a mental shift is required for this to be successful. Here are some of the most important tips to help you develop into a great leader.

FREE leadership Profile

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4 Questions To Ask When Planning For 2017

Strategising For Success

Business strategy and planning – it’s often difficult to find the time to remove ourselves from the business and start planning for the future. In today’s world, where we’re connected 24/7, distractions and ‘urgent’ work often reclaim our thinking time. But a one-day strategy session will make you feel more in control and ensure you don’t miss out on valuable opportunities. As 2016 draws to an end, here are four review questions to focus on which will help the planning process.  

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How to Successfully Implement Change in your Business

Five ways to ensure a smooth transition

This article was first featured in CPI Financial January 12th 2017. Read it here

When the nature of a business evolves or the structure needs amending, significant changes can be felt by all employees. It is never easy to manage a business at the best of times, but when change is thrown into the mix, your managerial leadership skills really come into play.  A Danish study of over 92,000 employees across more than 1,500 companies concluded that organisation change results in increased stress-related illnesses for employees. Companies that manage change effectively are 3.5 times more likely to outperform their competitors financially, with their employee satisfaction higher than those who do not implement changes correctly.

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How to inspire teamwork for a successful 2017

The importance of bringing a team together to work hand-in-hand with each other is something that is often talked about but rarely implemented. Strong leadership is one of the elements that will ensure a team stays together and continues to be efficient. By developing good leadership skills, you will avoid issues such as high staff turnover, micromanagement, conflict in the workplace, and low productivity. As a result, your actions and behaviour determine your team’s success. Here are five ways to inspire your team in 2017.

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