News

October 28, 2024

In today’s volatile business environment, identifying and quantifying risks is critical for the success and sustainability of any organisation. For business leaders, understanding the full spectrum of risks is not only a part of the initial strategy development, but is also an ongoing responsibility to ensure that the company remains agile and resilient.

Whether it is economic downturns, supply chain disruptions, evolving regulatory landscapes or technological disruptions, businesses must actively manage risks to stay competitive.

September 4, 2024

Family businesses are often referred to as the backbone of the Australian economy – and with good reason. These enterprises account for around 70% of all businesses in Australia and employ approximately half of the country’s workforce. Given their significant impact, it is essential that family businesses receive the support they need to thrive from business mentoring.

Contact International Business Mentors to find out how a business coach or mentor can help you and your family business.

July 31, 2024

Sufficient levels of profit, cashflow and returns are all essential for a business’s success and survival. However, focusing too much on financial performance can lead to strategic myopia. This myopia can result in under performance or even the demise of the business. Business leaders or owners should actively drive the strategic levers of their business that in turn should deliver financial performance.

An overfocus on financial performance becomes highly risky if senior leadership fails to manage and deliver on its core performance in certain critical areas.

July 1, 2024

Good leadership never goes out of fashion. It is the core strength of any organisation and will remain a prerequisite for business performance into the foreseeable future.

We know that in our rapidly changing competitive business environments, leaders need to be adaptable and flexible. They must be open to disruption in the market and new ideas, and be willing to pivot strategies where necessary to stay competitively ahead – and this is underpinned by great leadership.

May 17, 2024

Business meetings are pivotal moments that can shape the course of your organisation. Yet many businesses overlook the opportunity to optimise these gatherings for maximum business impact. With the right guidance from a seasoned business mentor or business coach, you can transform your meetings into catalysts for business success.

Here are some practical insights from International Business Mentors to elevate your meetings:

Value Every Meeting

Treat each meeting as significant by meticulously planning the agenda and getting participants to prepare for the meeting beforehand.

April 16, 2024

In today’s fast-paced business environment, optimising employee productivity is crucial for organisational success. At International Business Mentors, we can help facilitate strategies for enhancing employee productivity.

Business leaders and employers are constantly seeking ways to improve productivity, maximise efficiency and foster a positive work culture. Senior leadership’s own success is measured in a large part by their ability to deliver outcomes through their people’s performance, directly impacting the overall success of the business.

March 6, 2024

To succeed in the ever-evolving landscape of business, as a leader you must continually strive for excellence and innovation.

By leveraging the power of business mentoring in 2024, you can:

• Enhance your leadership capabilities
• Navigate complex challenges
• Foster your personal growth
• Cultivate your culture of innovation
• Build your resilience and adaptability

In doing the above, you not only elevate your own leadership,

February 1, 2024

There is a growing global and local focus on Environment, Social and Corporate Governance (ESG) and the critical part businesses should play. ESG requires businesses to consider environment, social and governance in their decision-making, with an emphasis on responsible and sustainable practices, all with the aim to create long-term value while considering the broader considerations of improving the environment, the community and society in general.

Larger organisations are being moved to legal disclosure of their ESG policies and their implementation progress in their annual reports.

December 11, 2023

At the beginning of this year, we wrote a blog post outlining the likely challenges and opportunities that might impact business leaders in the coming year.

These predictions were pretty much spot on.

Below, we reflect back on 2023 and analyse the critical business challenges that prompted business leaders to seek out our business mentors and business coaches. We’ll also detail some of the most critical business issues to consider for your 2024 strategy.

November 16, 2023

“Fortune favors the prepared” – Louis Pasteur

Organizations are subject to a wide range of potential crises, such as natural or environmental disasters, wars, IT hacking breaches, pandemics, supply chain disruptions, government sanctions, safety or work-cover incidents, and economic down turns – to name but a few. Sadly, crises can easily become reality and can materially impact the organization.

To reduce the impact of crises, leaders must try to anticipate the risk and nature of potential crises that could materially impact their organization,