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The recent news about Coles and Woolworths being taken to task by the ACCC for their questionable dealings with suppliers has highlighted a major problem plaguing customer-supplier relationships. ‘Race to the Bottom’ is Barrett Consuting’s number one sales trend for…

When Mohamed El-Erian abruptly resigned from his high-profile, and highly lucrative, position as Pimco’s co-chief investment officer a year ago, most observers were shocked. I wasn’t. As a researcher and consultant to executives across diverse industries, I know how common it is…

Martin Luther King, Jr., said more than a few wise things about life. But some of his quotes can be used to inspire business people and entrepreneurs. King achieved success in his goals because of his approach. “First, he defined…

Productivity guru Tim Ferriss, author of the best-selling book “The 4-Hour Workweek,” popularised the idea that many seemingly difficult pursuits — running a business, getting in shape, learning a language — can be achieved in much less time than most…

Many teenage girls dream of being a model, but for Shelley Barrett a stint working as a receptionist in a modelling agency at age 17 inspired quite a different dream. “It’s always been a passion of mine to own my…

Starting, managing and growing your business will likely be one of the toughest challenges you’ll ever face. But the rewards are clear. Financially, and if all goes to plan, for your lifestyle. Here are some tips, tools and ideas to…

IT security breaches are a risk to small business. Without a dedicated IT department, managing online security for a small business can be a daunting task. While big organisations have entire teams working to secure networks and information, small businesses…

The theme for Barrett’s Sales Trends for 2015 is ‘Transparency and the Middle Path’. This theme stems from the idea of everything in moderation and a new openness whether by choice or not. In today’s digital climate where information of…

1. SECURITY, PRIVACY GOVERNANCE AND CYBER RISK MANAGEMENT – A LIKELY SIGNIFICANT PUBLIC INCIDENT AND/OR INVESTIGATION TO OCCUR IN 2015 The top priority for the Privacy Commissioner in 2015 is ensuring companies have appropriate privacy governance, in line with obligations under Australian…

Business founders often lie awake at night worrying about whether anyone will want what they have to sell. They don’t often consider the possibility that their product may be too successful. Cheesemaker Graeme Paynter has learned that sudden popularity can…