April 13, 2018
Why is it often so difficult to give your people positive feedback for a job well done? It should be regular and normal behaviour, yet some business owners and managers don’t do it. In not doing so, they run the risk of alienating or losing good and talented people who they want to keep!
French philosopher Voltaire wrote: “Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.”
Bill Gates said: “We all need people who will give us feedback.Read More
March 14, 2018
In addition to receiving business owners support from a good business coach, reputation is crucial for business success, with ethical businesses having a much higher chance to grow and thrive than businesses with poor reputations. All business owners and key corporate leaders should build and maintain ethical and reputable standards which feed directly into your business reputation and improve relationships with customers and other stake holders.
Recently in Australia and around the world,Read More
February 12, 2018
At International Business Mentors, we use Leadership Quotient concepts to match each business coach to individuals requiring business coaching, but what exactly is a Leadership Quotient? The dictionary definition of any Quotient is the degree to which a specific quality or characteristic exists. While you might be familiar with the original IQ, or Intelligence Quotient, researchers have also developed EQ or Emotional Quotient, or more commonly, Emotional Intelligence. Recently, this trend has been extended to the concept of LQ or the Leadership Quotient,Read More
December 20, 2017
Every day, budding entrepreneurs across the world come up with outstanding ideas for business opportunities that could be the next roaring success. Unfortunately, many of these opportunities fail or do not live up to their promise and fall short of expectations.
To increase your chances of success, you will need good business planning and should actively seek appropriate help from an experienced business coach or mentor who can guide you in critical business areas you are not familiar with.Read More
November 13, 2017
In 2018, it will be more important than ever for Australian and international businesses to have a business mentor or coach.
2017 has been a rather messy year for business, despite reasonable economic stability. The mining sector – once Australia’s major source of GDP – has remained flat financially, yet Australia continues to avoid recession with good employment, good exports, infrastructure spending, and low interest rates. But will this change in 2018?
From an economic perspective,Read More
October 4, 2017
Any business coach or mentor will tell you that instinct can be important when making business decisions. Over a decade ago, Malcolm Gladwell’s best-selling book ‘Blink’ was published with a controversial and scientific explanation of what is behind decision making. Gladwell celebrated the art of what he termed snap decision making, i.e. “the power of not thinking”, and he asserted the provocative case that “Great decision makers aren’t those who process the most.”Read More
September 13, 2017
Organisations must put sufficient time and effort into appointing the right CEO. After making this substantial investment, it’s important to provide the CEO with strong ongoing support coupled with a rewarding package that encourages them to succeed for the business. As the role is demanding, even an experienced CEO should receive support in the form of business mentoring programs or CEO mentoring.
The organisation should look strategically ahead at the CEO’s development as well as their succession plan.Read More
August 21, 2017
It cannot be understated – the right people are your most valuable asset. But finding them in the first place and then developing and retaining can be a challenge.
Any business coach will tell you that it is the people that will drive the success of the organisation, so it is critical to have the right people in the right places. Running a successful recruitment process is vital, as is having comprehensive retention strategies in place.Read More
July 26, 2017
Develop Strategy and Effective Communication are Key to Strategy Implementation
Unfortunately, being caught up in the daily business grind tends to hinder any serious consideration of what has actually been achieved strategically. A focus on short term work priorities does not necessarily help achieve longer term goals. Unfortunately, that business strategy you adopted only a few months ago, may have become obsolete. Further, despite everyone buying into the strategy not many have followed through. How did we collectively get the strategy implementation so wrong?Read More
July 4, 2017
Moving from a director position to the Chairman of the board can be a big step and can be made easier and more effective, if the Chairman has been trained for this position.
The Board needs to agree on the basic focus for the Chairman and devolve any extra authorities or resources they may need to effectively carry out their new duties. The level of support for the chairman is critical both with sufficient resources,Read More