Challenges on the Horizon

Recently, when David Nixon was interviewed by renowned television news presenter and reporter Amber Sherlock of TV’s Nine News, Ms. Sherlock asked him what some of the challenges his clients would be facing in the future are.

David is Australia’s Authority on Unleashing Growth Barriers for SMEs and author of the book Growing Up! Unleash Your Business Growth. He’s been helping organisations realize their potential for nearly 20 years. With the skill and experience both as the owner of his own consulting business and as someone who has been around small businesses his entire life, David is uniquely positioned to help businesses realise that next level of growth.

“Well, they’ll be facing lots of challenges,” David laughed. “I’d say those challenges probably come in two categories—traditional challenges and emerging challenges.

“For a more traditional issue… the problem with smaller business and small to medium businesses,” David says, “is that they’re actually faced with the same legislation compliance and regulatory burdens as large multinationals, but they don’t have the same resources to actually deal with this—and that’s a continual problem.

“As far as emerging issues go, several emerging issues are coming mainly around technology and the changing expectations of the public. Businesses really need to be on top of this. But once again, they tend not to have the resources and the in house to be actually able to deal with some of these issues, and that will remain problematic for some time to come.

David Nixon is Australia’s Authority on Unleashing Growth Barriers for SMEs and author of the book Growing Up! Unleash Your Business Growth.