August 8, 2018
Whether you run a listed company, family business, partnership, SME, or any other organisation, to ensure the smooth development of the business from a people perspective, succession planning is an absolute necessity.
A well-developed succession plan not only reduces the ongoing risk to the business of not having the right people at the right time, but is also a prerequisite to a successful exit strategy from the business. Without succession planning, you could unintentionally be setting a recipe for disaster for the business.Read More
August 1, 2018
Over the past two to three decades, there has been enormous growth in ‘wellness’ businesses. These businesses offer solutions in order to have a healthy and fulfilling life, resulting in physical, mental and social wellbeing that enables you to reach your full potential. The global wellness market is booming, currently outstripping the worldwide pharmaceutical industry and generating trillions of dollars.
This industry category covers all manner of health-related products, services and functions, including:
The wellness industry is about maintaining and improving health in order to stave off disease,Read More
July 9, 2018
All businesses face competition, so identifying your competition and how you can differentiate yourself from them and maximise your competitive advantage is critical for your business’ success. For your business to succeed and survive, you must have winning strategies to get ahead and stay ahead. One excellent way to devise and implement business growth strategies is to obtain assistance from a business coach.
Competitive Strategy Can Be a Sink or Swim Scenario
All business owners and leaders must know their competitors,Read More
May 31, 2018
When you’re highly focused on keeping your business running, participating in continued professional development may seem like a luxury to you. Even though you learn daily just by doing what you do, continuing your education may help you work smarter and gain you and your business a competitive advantage. You may have read, completed courses and benefited from online learning. These are all good, but there is always something more you can learn to develop your thinking skills and strategic frameworks,Read More
May 1, 2018
Succeeding in our life-work balance constantly tests us all, with our success or failure impacting on our personal and family lives as well as our professional and business lives. This is a constant struggle and may never be perfect, but by being better aware of the importance of a reasonable balance in our lives and having some frameworks to assist us, we can reduce many of the risks of undue stress, grief or failure that may affect important relationships and work performance.Read More
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