May 19, 2020

Living Your Business Values to be a Good Leader

Business
Business Review Australia
Marketing
advice
Bizclik Editor
3 min
Living Your Business Values to be a Good Leader

Contributed by Lauren Brown, Managing Director and Founder of Pulse Marketing

The type of leadership style you have depends on your character, to a certain degree. That’s why it’s important to develop personal values and beliefs that are going to be beneficial to your business.

Your personality should be a part of your leadership style, however there are certain underlying principles that can help each individual become an excellent leader.

Communication
In any successful business communication is crucial. When there is a problem, an effective leader will be able to communicate to everyone involved in a way that allows that problem to be resolved as soon as possible. On that same note a leader must communicate in a way that helps the team understand how to resolve the problem without damaging the business or client relations.

Providing the team with development opportunities
Leadership is also about creating an environment where individual talent is nurtured through training opportunities. Retaining the best talent should be the priority of every leader and training opportunities help the individual feel appreciated and engaged.

For example Pulse Marketing funds 48 hours of training per year and runs Pulse Ideas School, a weekly session where staff are challenged to crack briefs and present back to the team the following week.

Mentoring
A good leader must be able to give as well as take. Mentoring should be part of leadership as it allows you to form a meaningful professional relationship with the mentee and help them develop professionally. On the other hand a leader also has to have sounding board for themselves, which can come in the form of mentoring from others.

Learning
A leader is no different from his/her team in needing to develop their professional skills. The best leaders are constantly learning about new developments in their industry, attending seminars and listening to inspirational speakers who can help give them a new perspective.

Engagement and motivation
It’s important to understand how to motivate staff in order to help them reach their potential and further the goals of the organisation. While people can be motivated by monetary rewards, this doesn’t lead to organic motivation because once the rewards stop coming, the individual is no longer motivated to perform.

Instead a leader should motive their staff with non-monetary rewards that make the individual want to do the best they can regardless of the circumstances. Pulse implements several initiatives to create organic and genuine engagement for staff.

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Some initiatives include:

  • Over and Above trophy: each month the team vote who has gone over and above in their eyes the previous month, and the winner is then announced at a team morning tea.
  • Cultural Grants: this is a set amount of money that each person can spend on activities outside of work to get their creativity flowing. Some to date have included learning a language, going to the see a play, or getting a ballet subscription.
  • Team activities: without fail, we take a Friday afternoon off each month and do a team activity together. This can range from seeing the Archibald’s, lawn bowls, visiting the MCA to fish + chips and outdoor sports at the beach.

While each leader will bring something unique to their organisation, these underlying principles will help provide a good foundation that will help them to gain the respect of their staff and run the business more efficiently.

 

Pulse Marketing is full-service Marketing and Advertising agency, famous for their passion and committed to delivering great ideas and powerful results in the areas of marketing, creative, digital, and social.

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Apr 29, 2021

C-suite spotight: Melanie Perkins, CEO, Canva

Canva
Australia
csuite
Leadership
Kate Birch
4 min
In our regular C-suite spotlight for APAC, we profile co-founder and CEO of Australian unicorn Canva, tech entrepreneur and billionaire Melanie Perkins
In our regular C-suite spotlight for APAC, we profile co-founder and CEO of Australian unicorn Canva, tech entrepreneur and billionaire Melanie Perkins...

Who is Melanie Perkins?

She’s the co-founder and CEO of Australian unicorn online design platform Canva, who ultimately became one of tech’s youngest female CEOs, at just 30, and recently became a billionaire aged 35, making her one of Australia’s richest and youngest. 

Why is she in the spotlight right now?

Because less than a year after securing a US$6bn valuation during the pandemic, which provided a big boost to business, Canva has recently more than doubled its valuation, securing a $15bn valuation, which makes Perkins a billionaire, according to Forbes. The valuation comes in the wake of a new funding round in the first week of April 2021 led by T. Rowe Price and Dragoneer and raising $71m. At the same time, Canva announced its business has passed $500m in annualised revenue, up 130% from the year before. 

What is Canva and why is it so successful?

Launched in 2013 by co-founders Melanie Perkins (CEO), Cliff Obrecht (COO) and Cameron Adams (Chief Product Officer), Sydney-headquartered Canva is a free-to-use online graphic design product that allows users to create everything from social media graphics to presentations and other visual content, as well as offering paid subscriptions like Canva Pro and Canva for Enterprise, with 3 million of its now 55 million users taking paid subscriptions. 

Accruing 750,000 users in its first year, following a number of rounds of investment including from Mary Meeker’s Bond Capital in 2019 and this month’s massive funding round, Canva now boasts 55 million users across 190 countries, with offices in Sydney, Beijing, Manila, and most recently Austin, Texas, and is valued at $3.2 billion. 

And while the company was originally most popular with SMEs, helping them draft and design print and digital assets, it’s since grown to become a real-time collaboration suite that’s being used by big firms including McKinsey, Salesforce and American Airlines. In fact, Canva claims that 85% of Fortune 500 companies use the platform’s services. They continue to add new features and during the pandemic, added presenter video recording tools. 

How did Perkins get there?

The idea of Canva came to Perkins when she was at the university of Perth, where to earn money on the side she taught students design programmes. Many of her students found platforms like Adobe complicated and frustrating, and the ideas came to her to simplify and democratise design, to make it more approachable and accessible, more collaborative, and ultimately to empower all in design. So, she and university peer Cliff Obrecht, who became Canva co-founder and Perkins’ husband, created an online school yearbook design business, Fusion Yearbooks, to test it out. Operating from her mum’s living room, the yearbook design business was a massive success, expanding to New Zealand and France, and remains the largest yearbook publisher in Australia. 

However, Perkins did not give up on her dream to create a one-stop-shop design site and at one point spent three months living with her brother in San Francisco where she pitched to more than 100 venture capitalists, all of whom rejected Canva. It was following a chance encounter at a conference in Perth with Silicon Valley venture capitalist Bill Tai, Perkins was winning over major investors including Hollywood celebrities Woody Harrelson and Owen Wilson and building out Canva’s design platform with a fast-growing team of tech engineers and a high-profile tech advisor, Lars Rasmussen who co-founded Google Maps. 

It was in 2012 when things really kicked off however when Perkins and Obrecht found a tech co-founder in Cameron Adams. The same year, they closed their first funding round, which was oversubscribed and raised $1.5m, with Canva going live in 2013. In 2019, an $85m funding round led by Silicon Valley investor Mary Meeker’s Bond Capital gave the company a valuation of $3.2bn, before the most recent funding around in April 2021 leading to a valuation of $15bn. 

In her own words… 

"I think it's pretty important to know that every single person is going through their own trials and tribulations. Knowing that it's tricky for everyone, that any adventure will be filled with rejections and littered with obstacles – somehow makes the adventure a little less lonely. And it's most important for people who feel like they are on the outside to know this."

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