123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

Business Mentoring And Coaching: What's The Buzz?

By Author: Abel Burnet
Total Articles: 4

Most small and medium enterprises (SMEs) often find themselves at sea after the euphoria of set-up, a strong growth trajectory and initial financial comfort. However, it's a hard and unforgiving world out there in the marketplace and many of these SMEs soon begin to flounder, becoming less financially viable or unable to retain staff or deliver. Planning for future growth was perhaps the most neglected aspect of SMEs. Either they remained stunted or there was simply no time to factor in the needs and resources required to take the business up to the next level.

In earlier times, the entrepreneur was forced to be a multi-tasking super-hero, juggling the roles of CEO, CFO, Human Resources Manager, Creative Head, Strategist and more. This often left her/him bogged down in details, unable to see the larger picture. Being so intimately and emotionally involved in the business, the entrepreneur's vision is naturally skewed and lacking in perspective.

However, today, most SMEs have plenty of assistance in terms of outside consultants, professional business planners, mentors and business coaches. These professionals provide a fresh, new outlook which allows the business head to concentrate on whatever he or she does best – be it the creative side, marketing, etc.

Business coaching and mentoring is the mechanism by which a suite of services are made available to the client to ensure the success of the enterprise. These services may include business and life skills coaching, personal mentoring, team-building and management, business management services that include franchise and partnership management, mergers and acquisitions and exit strategy. Many business coaching service providers also furnish accounting, taxation and financial services, business development and marketing, pricing etc.

Long and short term strategies and planning are put in place. Many business coaches and professional mentors are qualified in certain domain areas, so they're able to bring these skills to the table – marketing, finance, human resources etc. However, it's not necessary that your business coach or mentor has skills in the particular domain that your business deals with. In fact, expert coaches and mentors can transfer their skills irrespective of the nature of your business, since they essentially deal with universal principles of business.

As an entrepreneur, you may require personal coaching or life skills inputs to help you tide over the bad times, improve your interpersonal skills or chart the growth of your business. The coach or mentor can provide you with detailed information/reports/analysis of the dynamics within your organization. This helps you develop better and more effective ways of moving out of your comfort zone, think out of the box and carry your team along with you.

Just as a skilled sport-person requires constant and consistent coaching throughout his/her career, today's entrepreneur can benefit greatly from harnessing the skills and assistance of a business coach or mentor.


The Ian Johnson Infinite Group is a global network of first class. If you want to know more about Ian Johnson Infinite Group then visit to our site.

Total Views: 30Word Count: 498See All articles From Author

Business Articles

1. 5 Sec Videos: A New Standard For Video Publishers
Author: mediaconversion

2. Responsive Marina Web Design Make Your Design Perfect
Author: danielevans444

3. Bas Agent Solutions- Your Guide To Taxation
Author: Scarlett Read

4. Top Benefits Of Leasing A Car Rather Than Buying One
Author: Darren Swan

5. Servo Voltage Stabilizer - A Boon To Save Men, Method And Material
Author: R. D. Electric Works

6. Control Of Voltage Fluctuations Is A Must, Because Energy Earns Or Simply Burns
Author: R. D. Electric Works

7. The Replacement Of A Part Of Old Water Pump Is Enough To Get Your Machine Going Again
Author: Sam Makhanian

8. Captivating Benefits Of A Portable Hardness Tester
Author: India Tools & Instruments co.

9. Why Does Paper Napkin Making Business Is A Profitable Choice?
Author: Finetch Tissue Machines

10. How To Identify Whether A Transformer Is Good Or Faulty?
Author: Trutech Products

11. Several Methods Of Cooling A Transformer In Different Industries
Author: Trutech Products

12. Various Cost Saving Benefits Of Cable Trays
Author: Brilltech Engineers Pvt. Ltd.

13. Importance Of Radiation Safety In Healthcare
Author: Steven J. Stanek

14. Ac Service Center In Jaipur
Author: david deevan

15. How To Recognize A Hydraulic Cylinder
Author: Rattan hose


Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: