Business results are the tangible results that an organization creates. They usually fall into two broad categories: Financial and Non-financial results. They also include the intangible results of a firm’s operations that, on an intellectual level, contribute to the firm’s growth and development as a business.
The top companies in most industries have clearly defined and measurable business results. These top firms have achieved the pinnacle of most corporate ladder because they found innovative and experienced managers and leadership, who understood the real value of competition and set out to build a company on solid fundamentals. Finding a mentor with the necessary skill set and drive to achieve the level of results that your company wants is a critical first step for all businesses. Toyota established itself in North America by hiring and training the very best and the brightest from a pool of former Toyota employees. Finding a mentor is essential if you want to be a global player.
Having a business coaching mentor gives you two years of insight into how to develop your business and meet the product development goals that you have laid out. Having a coach who can provide you with continuous guidance and advice helps you create an environment where your employees are empowered and motivated to take on challenging projects and improve processes. Having an objective outsider provide candid advice about business results gives you a clear way of measuring and communicating the results to key stakeholders, investors and customers. Having someone like this around to guide you through the sometimes difficult process of change can be priceless.