News

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.

July 11, 2023

Major benefits may come from engaging with a business mentor or coach from International Business Mentors. These benefits include:

Guidance

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.

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.

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,

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

1. Lower economic outlook
2. Insecurity of supply chains
3. Meet changing customer expectations
4. Device and data security
5. Digital transformation ramping up
6. Escalating war for talent
7. Sustainability

Lower Economic Outlook

The economic outlook in many countries is high inflation,

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

Business performance was top of the list, with businesses having to navigate supply shortages, talent shortages and delivering financial performance in terms of profit,

November 24, 2022

At International Business Mentors, we are often asked, ‘what is the difference between a business mentor and a business coach?’.

Most people cannot distinguish easily between the two. Both offer expert assistance in business, and both have a very valid presence. However, we would argue there are many different aspects aligned to business mentors and business coaches, and there is much overlap between these.

October 18, 2022

A confidential business mentor or coach from International Business Mentors will challenge you to further develop your business and your own leadership contribution. Our business mentors and coaches deliver supportive relationships and can act as your personal sounding board. Your matched business mentor or coach will naturally fill any strategic or experience gaps from their own extensive business backgrounds.

Areas Where Business Mentoring & Coaching Can Help

Here are just a few areas where the right business mentor or coach can help you:

• Critically reviewing your strategy as your strategic and confidential sounding board
• Coaching you to develop further:
  • Frameworks to solve business problems
  • How to evaluate opportunities
  • Leadership capability
• Getting you critically thinking about your business,

September 9, 2022

As Winston Churchill said, “The price of greatness is responsibility.”

For your organisation and people to be truly accountable, they should not simply be taking the credit when it goes well or the blame when things go wrong. Accountability is critically about delivering commitments and producing the related outcomes, not just doing the job or its tasks.

True accountability needs strong commitments and then positive delivery.

Any business mentor will tell you that delivering on outcomes and strategies must be done proactively and thoughtfully,

August 5, 2022

Leadership capability is a critical issue for all businesses and organisations, and it underpins the success of organisations globally. At International Business Mentors, our business mentors and business coaches assist business leaders to enhance their leadership capability.

Good leaders should inspire and develop themselves and their people to engender greater meaning and a gripping purpose. To facilitate such a change, the leaders should foster and embrace EQ and encourage this throughout the organisation.