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How a business mentor can assist you to improve your business performance

February 26, 2016

Whether you are a Director, a business owner, CEO or executive, there are always ways in which you can further develop and improve your own business performance by undertaking a right business coaching program. Each position has specific issues relevant to that role, yet many issues are common and across the board.

Some critical areas an International Business Mentor can help you improve

Some areas that a business mentor can facilitate improvements,

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Use your International Business Mentor as the financial year-end is looming to reflect on your performance and future.

February 26, 2016

At International Business Mentors our Business Mentors are dedicated to meeting your specific requirements through effective business coaching programs. They are also trained to assist in your development. At certain times of the year your International Business mentor can be very helpful in assisting you in the tasks and processes you employ to reinvigorate the business and push to get better financial performance. The following is and example of the questions and approaches that your International Business Mentor may take in considering the financial performance as the financial year-end looms.

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What CEOs, Business Owners and Senior Management really want from Business mentoring or coaching

February 26, 2016

Business surveys by International Business Mentors over the past three years have found that half to three quarters of Business Owners, CEOs and Senior Managers get no outside support on their leadership skills development, but most are more than receptive to help from a business mentor or coach for business coaching programs, if given the opportunity.

Significant areas discussed in the surveys were:

Why is an independent Business Mentor or Coach so important?

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Cyber Security

February 26, 2016

Information that is processed stored and communicated electronically is subject to a wide range of constantly evolving security breaches, hence the need for Cyber Security and keeping it up to date.

Cyber infiltration affects individuals and businesses in all demographics and industries and sadly many are falling victim to increasingly sophisticated scams, frauds and hacking.

Children and their parents are constantly reminded to be alert to online predators and inappropriate information. 

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A good Business Mentor does not give lip service

February 26, 2016

A good business mentor will give candid and honest feedback to the people they mentor (mentees) and not just agree for the sake of conviviality.

Should they disagree with the thoughts or decisions being made by their mentees they will tell them and why.

How they deliver that message will vary according to their particular style and how the mentee would best react to it.

Right between the eyes,

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Women in Business and Women on Boards

February 26, 2016

The case for greater board and senior business position diversity could not be clearer. Well-managed, diverse teams are more productive, more innovative, and have higher collective intelligence than homogenous teams. Gradually women in business and women on boards of directors have increased their representation over the past few years.

The signs are encouraging, and globally, women have significantly increased their representation on boards. 

  • In Norway and Iceland the number of women on boards is 40%
  • Sweden and Finland have 27%.
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Getting the right business mentor for you and your business.

February 26, 2016

If you think you need a business mentor then you will benefit from the relationship from the start. Our business mentoring involves a business and personal developmental relationship in which an experienced or knowledgeable business person helps to guide a less experienced business person, or one who needs to bounce ideas off an independent third party in a safe and secure relationship. Business mentoring is more than just answering occasional questions or providing ad hoc help.

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Retaining good People is good business

February 26, 2016

Job for life and loyalty gone

Long past are those heady days when individuals embarking on a career joined an organisation and expected to stay there for all or most of their working life. This past longevity of employment relationships did encourage deep loyalty, friendships and security, which in turn held, even many of the most ambitious employees in place. This is no longer the reality for most people and organisations.

The emerging challenges for organisations

Organisations now evolve quickly in response to pressure and are adapting more rapidly to change itself.

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Setting a Robust Governance Framework for your Business

February 26, 2016

Corporate governance applies to all businesses from the huge multinationals to the modest SME, and yet many organisations neglect this fundamental aspect of running a successful business.

What is corporate governance?

Corporate governance refers to the set of systems, principles and processes by which a company is governed. They provide the guidelines as to how the company can be directed or controlled such that it can fulfill its goals and objectives in a manner that adds to the value of the company and is also beneficial for all stakeholders in the long term.

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Is Independence in Business Mentoring Critical for Success?

February 26, 2016

Special close and fiduciary type relationships

Special close and fiduciary type relationships are enhanced in any mentoring relationship where the mentor is well experienced, has the required skills and personality to mentor and is independent of the executive’s organisation.

Typically, in a pure fiduciary relationship a person prudently takes care of the best interests of and often the money, investments or other assets of another person. It is a very trusted and privileged position to be.

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