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Strategic Business Innovation is Critical for Survival, Growth and Competitive Advantage in our Rapidly Changing Business World

June 1, 2020

By David Cartney, May 2020

Given the complete disruption to many business sectors with the current COVID-19 crisis, it is time to reassess your business’ capabilities and focus on what you should provide for both existing customers and new customers. This requires a healthy disrespect for what has succeeded in the past and a great deal of innovation and fast research. Therefore, one aspect of business where it is now critical to gain competitive advantage is strategic innovation.

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Critical Review of Your Business During COVID-19

May 15, 2020

By David Cartney, International Business Mentors – May 2020

Coronavirus related disruption is a challenging time for all businesses, and especially for business leaders. Now is the time to review the short term and rethink longer-term strategies for an emerging future before your competition beats you to the punch. While it can be helpful to do this with guidance from a business mentor, even conducting a review on your own can be beneficial. Business survival is up for grabs,

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Trends that Are Fast-Tracking Because of COVID-19

April 23, 2020

We now find ourselves in a surreal world where what’s normal is changing constantly, with more restrictions and unpredictable outcomes facing us every day. Mental and economic challenges are unavoidable, as are the many spin offs associated with them. Although it may seem hard to put a positive spin on things right now, we must look forward positively and prepare for a different future with new opportunities.

The COVID-19 virus has changed our behaviour as it continues to sweep through the world,

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Understand Your Strengths and Weaknesses

April 1, 2020

We all think we know where our own talents lie, and what we are not so good at, but what if our perception is not realistic? In a business environment, any perception gap of our strengths and weaknesses can negatively impact business performance. Recognising real strengths in the business and maximising contribution, plus developing strategies to acquire or develop missing critical talents, is a recipe for continuous improvement and competitive advantage.

At International Business Mentors,

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Often Overlooked Business Talent Are the Seniors in the Diversity Pool

March 16, 2020

The focus on diversity in business continues to be embedded in the thinking and culture of organisations globally, along with the benefits of embracing relevant diversity policies.

“A diverse mix of voices leads to better discussions, decisions, and outcomes for everyone.” — Sundar Pichai, CEO of Google

However, the diversity debate centres largely around the benefits of having more gender balance in the workplace, and this focus often overlooks another powerful and advantageous contributor to the business – seniors!

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Business Challenges in 2020

March 2, 2020

It’s only March 2020, but already we have seen an extraordinary start to 2020, much of it devastating. Extreme weather – drought, catastrophic fires, red dust storms, destructive hail and then floods – together with the global threat of coronavirus has marred what should have been an optimistic start to a new decade. All of these factors will negatively impact business growth in the first two quarters of this year. Yet, in the true Australian spirit,

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Customers Grow Business: Ignore Your Customers at Your Peril!

February 19, 2020

At International Business Mentors, we are frequently asked to provide business mentors to Business Owners, CEOs and Senior Executives to assist them with strategies for business growth. The nature of the business mentoring depends heavily on the type, size and industry of the business, as well as its specific challenges. Yet one recurring theme is the critical importance of establishing, nurturing and servicing their customers.

Success with attracting, servicing and keeping good customers is a key strategic imperative for all business success.

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Continual Learning Passion Leverages Business Performance

February 4, 2020

To be curious, to have an enquiring mind, to have a passion to improve and develop; this is what ambitious human beings strive for, leading to higher personal fulfilment. This applies to people in both their private and business lives. At International Business Mentors, we are routinely asked to provide suitable business mentors and coaches for business coaching to encourage, support and facilitate ongoing development of business owners, directors, CEOs and Senior Executives.

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Face-to-Face vs. Virtual Meetings

January 24, 2020

“You will never see eye-to-eye if you never meet face-to-face.”

– Warren Buffett, Chairman and CEO, Berkshire Hathaway

At International Business Mentors, we tend to strongly agree with Warren Buffet’s quote above, as meeting face-to-face is very important. However, the preferences for and effectiveness of meetings are evolving within the online virtual meeting space platforms. As people start to get used to those virtual environments, which are becoming closer to the experience of physical meetings,

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Business and Sustainability

January 17, 2020

Bush fires rage, sustainability is questioned – is this the Imperative new Norm impacting business?
– Chris and David Cartney

We live in a rapidly changing world. For those of us who are baby boomers, looking back on our childhood seems very remote from that of today. Just about everything has transformed; much of which was important then is not so important now, and vice versa. This is very true for all business,

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