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.Read More
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.Read More
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,Read More
October 23, 2023
At international Business Mentors, we – like most people – accept that change is an unwavering force that shapes the very fabric of our lives, both personally and in business. Some individuals and businesses seem to effortlessly glide through the currents of change, while others find themselves struggling to stay afloat.
Today, do you stand at the precipice of a new personal or business era? Will change fundamentally be the critical ingredient needed for business success or survival?Read More
August 2, 2023
In the world of business, the path to success is challenging and filled with uncertainties. As an aspiring entrepreneur or an established business owner, it’s crucial to recognise the value of business mentorship. A business mentor or business coach acts as a guide and facilitator, offering valuable insights, sharing their experience and providing confidential support and feedback to help you navigate the intricacies of your entrepreneurial journey and success.
Below, we’ll explore the significance of business mentoring support and how it can contribute to your personal and professional growth and business success.Read More
July 11, 2023
Major benefits may come from engaging with a business mentor or coach from International Business Mentors. These benefits include:
A business mentor or business coach from International Business Mentors can provide guidance and support when you’re strategically leading the business and will share their business experiences on such matters as business strategy, business growth, marketing, competitive strategy, operations, distribution, supply chain, IT, risk assessments, organisational transformation and staffing issues, to name just a few.Read More
May 22, 2023
At International Business Mentors, we’ve found that managing burnout is a serious strategic threat facing business leaders today.
Burnout leads to reduced productivity, effectiveness and profits, as well as increased risk of losing your most valuable people. Therefore, business leaders must put into place strategies to prevent or recover their teams, individuals and themselves from burnout.
The psychologist Christina Maslach and several collaborators have identified that burnout has three components caused by reactions to chronic stressors on the job.Read More
April 3, 2023
At International Business Mentors, we rigorously assess each Business Mentor and business coach to ensure they’re independent and have no “conflicts of interest” with the specific clients or mentees they’re matched with.
This is a similar approach to matching independent non-executive directors to business. In both cases, the objective is to bring fresh and untainted opinions to the mentee or the board of directors.
From an unbiased or independent aspect,Read More
February 7, 2023
Whilst there is no crystal ball, there are already signs of business challenges inherited from 2022 and new ones emerging for 2023. At International Business Mentors, our business mentoring and coaching professionals are optimistically preparing for what will be a challenging year ahead.
Areas to Watch Carefully in 2023
Lower Economic Outlook
The economic outlook in many countries is high inflation,Read More
December 15, 2022
2022 started with a degree of optimism, although most were still wary of the COVID-19 restrictions and other continuing issues from 2021 such as supply chain issues and staffing shortages. Below, we summarise what our business mentor and business coaches have identified as the critical issues and challenges for our clients in 2022.
Business performance was top of the list, with businesses having to navigate supply shortages, talent shortages and delivering financial performance in terms of profit,Read More