How to Develop Strong Business Acumen: A 2023 Guide

 Hey All,

When you are running a business, it becomes challenging to focus on everything. Thus, you need to delegate your responsibilities. Similarly, you are responsible for the smooth functioning of the system and need to know how they function and what makes them succeed. You cannot forget about any part of the entity, whether it is finance, marketing or sales. As the business owner, you need to stay on top of every activity and resolve problems quickly to have the best results. You can develop this instinct over the years through business acumen. If you are not aware of this term, do read the article shared below.  

https://www.business2sell.com.au/blogs/evaluation/how-to-develop-strong-business-acumen-a--guide

Profits again outstrip wages amid accusations 'corporate Australia is driving inflation'

 While workers' pay packets are growing at the fastest pace in a decade, profits are still rising even faster, according to official data.

The Bureau of Statistics releases data on the size of corporate profits and workers' compensation each quarter.

Its latest figures, for the December quarter, show company gross operating profits rose 10.6 per cent, seasonally adjusted, over the final three months of last year.

Investment firm JP Morgan described it as a "significantly stronger" number than it was expecting.

Read More: https://www.abc.net.au/news/2023-02-27/wages-rise-but-profits-boom-abs-december-2022/102028990

Qantas slashes peak tourism season flights to Central Australia

 Tourism Central Australia (TCA) is reeling from another round of cuts to Qantas seats in and out of the region less than a week after the national carrier announced a billion-dollar profit.TCA chief executive Danial Rochford said Qantas had confirmed to him it was planning to cut another 30,000 seats during the 2023 peak tourism season.

"As you can imagine from as head of tourism, that's gut wrenching for my members and gut wrenching for the community," Mr Rochford said.

He said the seats would be cut from in and outbound flights for Alice Springs and Yulara between March and October.

Read More: https://www.abc.net.au/news/2023-02-27/qantas-flights-cut-from-central-australia/102015444

Nurse Nirmal Manu enjoys working in this country town and the community loves him right back

 Registered nurse Nirmal Manu's beaming smile lights up any room he walks into at the hospital in the small South Australian farming community of Karoonda.

While a long way from his original home in South India, Nirmal, 22, comes from a family of health professionals and feels a connection to helping others.

"My father is the head of pathology in a big hospital in India … and my brother is a pharmacist, so they motivated me to get into healthcare.  

"I thought nursing would be a good option so I can learn a bit about everything and then pursue additional studies and explore the medical field."

Read More: https://www.abc.net.au/news/2023-02-26/nurse-nirmal-manu-loved-by-patients-and-colleagues-in-karoonda/102007388