Business and management insights
There’s no doubt about it: Australia is a nation of small business owners and managers. More Aussies are employed by small businesses than medium and large businesses – just over 42%. In other words, if you’re not working in a small business now, there’s a strong chance you will be later in your career. In fact, you might be one of the thousands of Australians who launch their own business each year.
Modelling on success
Great leaders aren’t born, they’re made. It takes experience, determination and a bit of elbow grease to become an effective manager. One of the most important steps you can take is learning how to make smarter business decisions. And smarter human decisions.
According to a survey by CPA Australia, the top priorities of fast growing small businesses include good staff (28%, compared to 21.5% of non-growing businesses) and improved business management (27.8%, vs 12.9%). In other words, SMEs that put HR and management at the top of their to-do list are more likely to succeed. As a future leader and manager, you’ve got real power to shape the success of your organisation.
The changing face of employment in Australia
Stats suggest a shift toward independent contracting, with almost 10% of Aussie workers already independent contractors (ICs). If this trend continues, it’ll be the norm in the next 20 years. Being an IC involves more than tax and accounting—it’s about marketing yourself.
Enter Monarch Institute. Our courses provide real-world skills for thriving as a one-person business. Now’s the time for business and management studies, whether advancing in your current role or planning to be your own boss – your path, your choice!
Your next steps
Check out our nationally recognised course for those new to business – the Certificate IV in Entrepreneurahip and New Business.
Our Diploma of Leadership and Management is ideal for students chasing those big-picture skills, like organisational change and policy development. Or for a unique course that’ll leave you ready to hit the ground running, explore the Advanced Diploma of Leadership and Management.
Sources: abs.gov.au, imip.gov.au, business.gov.au, businessincubation.com.au, smallbusiness.wa.gov.au, KPMG, cpaaustralia.com.au
