Hard work verses Talent

Last night I attended a school presentation night and heard the Head of School quote Abraham Lincoln as saying "Hard work beats talent when talent doesn't work".  His message to the graduating 12 year old scholars was that they have innate talents as youngsters but their success is now needing the input of hard work.

 

This got me thinking about the greatest challenge facing the Australian small business sector in 2008.  In my opinion it will be maximising productivity from existing constrained resources.  Our corporate talents which have carried us through the past few years werecarry overs from entry of timing and market opportunities.  The move to coffee machine automation and the Australian resources boom have both conspired to propel our business forward. So far.

 

2008 will be a challenge year.  Competition is certainly increasing.  Inflation is certainly becoming a factor in our market place.  Rising corporate financing rates will mean our corporate clients will be under pressure to contain cost as their own costs of business increase.  Gilkatho will be needing to continue developing new services, new products and delivering services at the same if not lower costs.

 

We certainly have the corporate talent.  The next years looks like our opportunity to apply the elbow grease even thicker.