Advisory Boards Facilitating Peer to Peer Business Mentoring

Operating a business is no easy feat.  Great leaders recognise the strength of their leadership is built on their ability to adapt to changing circumstances and know how and when to seize opportunities amid a changing landscape. Research demonstrates this is the driving force behind all of the greatest businesses globally.

In fact 70% of Fortune 500 companies have mentoring programs, with mentees promoted five times more than those not in the program and mentors, six times more. Additionally, retention rates for mentees were significantly higher (72%) than employees who did not participate (49%). Interestingly mentor retention rates were also high (69%).

• A company experiencing rapid growth?
• A business requiring to raise funds for expansion, scaling, improving operational efficiencies?
• A company seeking to build strategic partnerships and affiliate industry joint ventures?
• A company facing major decisions and/or changes in direction, including entering new markets, products or geography?
• A business establishing more formal structures involving professional managers?
• A company dealing with succession issues?
• A business managing the development stages to assist with staff development and HR / IR best practices?
• A company facing challenges with other shareholders or franchisors?
• A business aiming to raise the level of strategic conversation in every aspect of the business?
• A company with specific technical and functional issues?

Being part of a highly effective business community guaranteeing leadership, facilitating accountability and sharing innovative ideas within a cohesive and confidential national network provides the safety net an advisory board offers, mitigating risk for your business.

An Advisory Board learning forum within a safe and confidential environment provides “wise counsel” exploring fresh insights such as identifying multiple revenue streams and offering new company direction, which can be a powerful resource.

Accessing the experience from entrepreneurs and successful industry leaders who have walked the path before mitigates risk and facilitates a conducive platform of continual learning propelling your business to the next level. This non-binding independent strategic advice within a framework providing complimentary skills to scale, grow and prepare your business for an acquisition or lucrative sale is a potential game changer!

Additionally, it improves your confidence and quality of your decision making which is critical in a complex, ever changing business environment.

In the words of Coraggio Member, Martin Boyd, CEO of Vertex Cyber Security

“Receiving Coraggio feedback in minutes that without Coraggio would of taken months or even years of mistakes to get right.”

This mutual exchange of Member’s expertise provides a support system resulting in sustainable revenue streams, increased cash reserves and productive business outcomes.

Furthermore, an essential way to control your future and ensure your business thrives, is strengthening connections amongst colleagues. This social connection specifically during times of adversity in an increasingly isolated world has never been more critical. Generating these subjective psychological bonds is one of the most effective ways to increase productivity, gain greater industry perspective, elevate professional development and heighten personal growth.

Moving the needle towards managing company growth by identifying “blind spots” from knowledgeable high performing industry leaders facilitates a fresh business perspective and strategic thinking coercing you outside your comfort zone.

Richard Skarzynski, Coraggio’s CEO cites,

“Ensure the right problem is being solved, challenge all assumptions and then solving it in the most effective way. This is a critical resource in an increasingly isolated operating environment.”

Leveraging a team of trusted advisors to look into the future and spot trends is a valuable asset. To manage change, you also need diversity of perspective and to deploy flexibly to address challenges as a driver for sustainable business growth.

In a fast-paced business world, business owners have witnessed so much change in recent years, however now is the time to map out a productive strategy by take advantage of all the positive and possible changes ahead. Embrace the necessary steps to future proof your business for whatever comes your way – by joining the Coraggion Advisory Board community.

Operating a company typically presents complex issues, sometimes on a daily basis. Imagine if you could leverage the experience from an extensive group of industry peers to improve your decision making and social proof as well as futureproofing a successful sustainable business, whilst being held accountable?

Also imagine if you gained the peace of mind to seamlessly access these answers and navigate business challenges, simply by connecting with entrepreneurs and gaining knowledge from business leaders? This is the strength of peer to peer leadership mentoring and impactful, meaningful relations.

Coraggio offers a mutual exchange of expertise, ideas and a support system enabling you to capitalise on a give-and-take dynamic amongst advisors who have walked the path before, mitigating risk to your business.

Leading business owners and entrepreneurs join Coraggio to become part of a highly effective business community facilitating leadership, guaranteeing accountability and sharing innovative ideas within a cohesive and confidential national network.

This mutual exchange of Member’s expertise tangibly results in sustainable revenue streams, increased cash reserves and productive outcomes to future proof your business.

Coraggio Chairs are industry leaders, Members are forward-thinking advisors and all Advisory Boards are dedicated to the ongoing success of their fellow Member’s businesses, offering Fearless Objective Advice – that’s the Coraggion Spirit!