July 12, 2019
By David Cartney, International Business Mentors
Many business owners and managers have significant financial blind spots that hinder their ability to effectively manage the financial dynamics of their business. This can lead to financial challenges and in some cases to the loss of profits, or unforeseen and unwanted negative cashflows. In extreme cases, the business may have to close.
Financially literate directors and staff can help business owners navigate through these financial blind spots.Read More
June 27, 2019
There are many issues that can impact the smooth and healthy running of a business − particularly with how the people in the organisation are managed and lead. After all, it’s the people at all levels in the organisation who drive the business performance. Any business coach will tell you that one of the major challenges in this space is that of reducing or eradicating the harmful effects of stigma within the organisation.Read More
June 3, 2019
The rise of positive psychology in recent years has led to a shift from focusing on weaknesses to acknowledging and working on strengths. This means instead of spending all our time fixing weaknesses, we’re now encouraged to develop those things that we’re good at − things that bring us joy. This approach could be the key to your business growth strategies this year.
Current research on using strengths in business shows that this practice provides greater work satisfaction,Read More
May 31, 2019
When it comes to business growth strategies, building confidence may not be the first thing that comes to mind. However, when you stop to think about it, the confidence levels of an entrepreneur can have a profound impact on their success in business, and any good business coach will know this.
When you sign up for business coaching, your coach will aim to help you develop confidence in all aspects of running your business.Read More
May 20, 2019
To succeed as a CEO is an ultimate business and career success objective, and at the top of the corporate ladder, it is the position most sought after. Yet the step up to the CEO position is not always straightforward and usually comes with many foreseen and unforeseen challenges. A business coach or mentor from International Business Mentors can guide you through the transition process and help you navigate the many challenges that stand in your path.Read More
May 3, 2019
We live in a fast-evolving competitive world in which few businesses are unique for long, making it crucial to constantly re-focus your competitive advantage to identify or create your customer value-adding points of difference. This is essential to set yourself apart from and stay ahead of the competitive pack.
In your ongoing challenge to keep ahead, you must be mindful of the risks and pitfalls that come with increased competition and the many changes that potentially occur in your business space.Read More
March 14, 2019
Any good business coach will tell you that trust is the basis on which good corporate businesses and relationships are founded. Trust depends on the reliance on integrity, strength, ability, surety and the confident expectation that things will be done properly. Only by maintaining the highest trust and standards can businesses confidently move in the right direction.
However, trust in businesses has slumped due to a number of factors, including large-scale data breaches becoming commonplace worldwide and the prevalence of “fake news”.Read More
February 20, 2019
Using feedback from businesses in Australia and around the world early in 2019, International Business Mentors has put together a number of tips and business growth strategies that you should consider as a focus for the rest of 2019.
Our business mentors and business coaches support many businesses across a wide range of industry sectors. They support individuals with all strategic requirements and particularly with their business growth challenges.
Issues raised by our business coaching and mentoring clients as major challenges in 2019 include:
Technology changes,Read More
February 19, 2019
From directors in the board room to business owners, executives, management and employees, and in all our everyday lives, it is critical to make informed and well-made decisions. In a business environment, the decision makers need to be forward thinking and consider where the company needs to go in the future so successful business growth strategies can be devised.
To navigate to a successful future, you need to consider all the elements impacting your business and formulate a business strategy.Read More
February 12, 2019
Diversity in share portfolios tends to spread risks and access a wider range of possible opportunities. The work force also can benefit from diversity in its people to reduce risks and benefit from the diverse skills and viewpoints that can bring new opportunities and benefits, or identify risks that need to be controlled better. Diversity of people in the business team reduces blind spots in how we operate. The main feature of a blind spot is that you cannot see it and are unaware of its potential,Read More