Jack of all trades?

There are very few in the business world that have the breadth of experience that covers all areas of advisory. In fact, those who love workforce law and policies may not be lovers of finance. But one thing is for sure, when you know what you don’t know…… who do you have lined up?

We all hope that we don’t have to performance manage key personnel or have to deal with the significant financial blow of the unexpected, but those of us who have been in business long enough will tell you, is that it will happen.

My experience is ensuring that your key posse of advisors need to be in place before disaster strikes. There are many reasons for this such as:

• Building a relationship with a team to get to know your business. The added benefit is they will often provide free advice on how to mitigate issues that are their expertise.
• You can sign up to their notifications and news feeds that give you a continual source of up-to-date information that supports your own professional development
• Use the networks to help educate your line managers through in-house education sessions
• And when disaster strikes, you are not scrambling for just anyone to help you, you know who to call which assists in taking a little anxiety out of uncomfortable situations.

So what knowledge base are you missing? Make building your team of advisory a priority this year.