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World safety leaders converge on Safety First

The Safety First Conference & Expo will present world-leading safety experts in high level Premium Forums running throughout its four days – May 26 – 29 – in Melbourne this year. More than a dozen speakers, including Griffith University’s Professor Sidney Dekker and DuPont Sustainable Solutions’ Dr Rod Gutierrez have confirmed they are bringing new research, strategies and real-world advice to share with safety professionals via the Premium Forum events. Alternating with free, open briefings taking place throughout the Safety First Conference, the three Premium Forums are intimate sessions on core themes: Safety Leaders Skills, Human Factors for Safety Leaders and Psychological Injury. Key to the Premium Forums will be the opportunity to ask questions of each speaker. Anthony Reed, Event Director for Safety First comments, “One of the real benefits of the Premium Forums is the opportunity to benchmark your practices against best practices and achievements in the industry. Each of the sessions has been designed to give you high level ideas and strategies – and because they’re taking place behind closed doors, you will have a rare opportunity to quiz industry leaders about what they – and you can – do differently to influence safety outcomes.” The Premium Forums include: Premium Forum A – Safety Leaders Skills Pro Tuesday 26 May 1.30pm – 4.00pm Participants will discuss advanced skills including: • Exploring behaviours that can unintentionally boost risk in the workplace • Communicating in ways that help create a culture of safety • Measuring your success as a safety leader A highlight at this event will be speaker Dr Angelica Vecchio-Sadus, HSE Manager, CSIRO Manufacturing Flagship is one of Australia’s top women in health and safety. Her presentation will cover different indicators of success you can use at various stages of the journey – such as measuring lead […]

How to keep the cash rolling in

As most business owners know, cash flow is the lifeblood of any business. Andrew Graham, national head of business solutions, RSM Bird Cameron, said, “It doesn’t matter what line of business you are in, if you are waiting for payment from customers then you can’t pay your suppliers for more products to sell.  “It is critical that business owners have strategies in place to manage cash flow and ensure there is enough cash in the business to maintain it, and look at ways to grow.” Twelve ways to improve cash flow 1. Consider giving discounts for payments upfront. Some businesses will have a discount window of a month that customers must pay within to receive the discount. This is easier to enforce than a penalty for late payment and is more attractive to customers. 2. Take deposits on products where possible. This ensures that some cash flow is generated upfront and also assists in locking the customers in to completing the transaction 3. Take as long as you can to pay your bills without incurring a late fee. If a supplier gives 30 days, then take the full 30 so that the cash remains in your business for as long as possible. Pay regular suppliers before others as early payments can generate goodwill and improve the likelihood of obtaining credit and hold off on other for the full payment term. 4. Invest surplus funds in a high-interest-bearing account or other financial vehicle. There’s no point having idle money in a business, but just make sure you can get your hands on it quickly if the need arises. 5. Create a cash flow forecast. Know when the money should come in, when it is likely to come in and when you will have to pay it out. Knowledge is power as […]

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