News

February 25, 2016

Does Your Organisation Recruit the Right People

Getting the wrong staff hurts your business

Unfortunately, the majority of large businesses, government departments, SMEs and small businesses continue to suffer the significant loss of time, resources and revenue, from recruiting inappropriate people.

Unless your organisation has dedicated and qualified staff to recruit the right people at all levels, then you risk the same annoying and repeated waste of time, not to mention the lost opportunity performance of getting the right people into the positions.

February 25, 2016

When you need a business mentor you will benefit from the mentoring relationship from the Get Go!

For us, business mentoring starts from a sound personal relationship between you and your business mentor.  Once established you will leverage off your relationship helped by your experienced and knowledgeable mentor.

Your business mentor will guide and develop you, and help you with gaps using their complimentary practical experience and depth of knowledge. When you need to bounce ideas around then your independent mentor is there to work with you and road test these inside your safe,

February 26, 2016

Business meetings were traditionally lunchtime affairs and until the mid 1980’s were exempt from any taxable implications. That all ended in 1986 when business lunches– often lengthy and extravagant – amongst other benefits became contenders for FBT. At the time this caused a furore in Australia. Restranteurs were panic stricken believing their lunchtime trade would disappear and executives quaked at the thought of having to pay for their lunchtime jollies. However, once initiated these fears were short lived and the business lunch continued to be a useful means for entertaining clients or having discussions with peers or other associates out of the office environment.

February 26, 2016

So which do you really need a self-help book or a Business Mentor?

I suppose that self-help books are not interactive whereas a well-matched Business Mentor is. Furthermore self-help books do not seek to understand your specific journey, skills, experience, abilities, talents and ambitions.  They cannot take into account that your business environment can change dramatically- markets, customers, operations, your leadership role and responsibilities, and that your business and social context can shift and may be very difficult to navigate.

February 25, 2016

A Company is an association of a number of people with a common object. It is owned by Shareholders & managed by Directors. Once created the company is an entity in its own right & has a legal personality to do what a natural person can do. For example, a Company can own property, & sue & be sued in its own right.

February 26, 2016

Differences in economic conditions between the big advanced economies are widening

US economy

Has recovered strongly in June quarter from its early 2014 weather-related weakness, and business surveys point to a solid moderately paced upturn and will encourage the Fed to progress cautiously toward ending its relatively loose monetary policy.

Eurozone and Japan

The situation is quite different in the Euro-zone and Japan. Although they still point to growth,

February 26, 2016

Current strategic concerns of our mentoring clients

Where to grow our businesses

In a recent survey of our mentoring client much has been discussed on the changing landscape for businesses. In particular the reduction in business growth and jobs. For example, in certain markets of the manufacturing industry and a range of other businesses, this has led many clients to question where their potential future economic growth should be aimed at.

Another area of concern has been the slowdown in many mining sectors,

February 25, 2016

For the coming year Australia should look at its external environments and the possible impacts on our economies.
The World Environment

The world’s economic regions and 230 nations and sovereign states can be separated into old news and tomorrow’s future news. The old news are the EU, Japan and the USA which together had 55% of the worlds GDP in the late 1990s, that has fallen to 42% and falling fast.

February 26, 2016

The main issues discussed by business leaders in meetings with their business mentors in the latter part of 2012 and early 2013 are:

Economic Factors

Slow payments are impacting on cash flow and banks exerting pressure.

Retail sector is suffering due to economic uncertainly and Internet sales.

Technology

Keeping up with changes and trends in IT and communications is just getting harder.

Also deepening complexity of how the various social media platforms impacts on business and how best to adapt and use these applications responsibly and to our best advantage.

February 26, 2016

We conducted our annual survey of our mentoring clients in November 2012 and had a 71% response rate. The Mentees were asked to rank their experience with their international Business Mentor in respect of various factors.

The table below shows that the factors ranked highest by our mentees in the Excellent column are Sounding Board, Strategy development, Ideas generation, Better business performance and Own motivation. The lower half in the excellent column are Personal performance improvement,