Philip Angers
 


Philip Angers is the business coach we wish we had when we first started our business.

As Executive Director for Rothschild Asset Management S.E Asia (Rothschild is one of the world’s oldest, leading, privately owned, international investment banking organisations), Philip has the professionalism and humility you would expect from someone of his calibre.

Philip has successfully turned around unprofitable business units, lead teams of more than 3,000 sales agents and managed large and respected funds management groups through significant change. He has also established and managed his own businesses and now brings to the DRG Group a wealth of experience in business coaching and mentoring.

As a recognised International, motivational speaker he has regularly attracted audiences of 200 to 2,000 throughout S.E Asia and Australia. Today, as a natural leader and mentor, Philip’s passion is to help business people to build on their strengths and realise their full potential. Professionals at all stages of their career can benefit from his holistic approach to business mentoring.

Sometimes a business can take over the business person. What is your advice to people who feel that they’ve lost control of their business?

Often a business’s success is because of a series of disciplined steps the owner took at start-up. Simple factors such as knowing and understanding their customers’, delivering a product or service to a high-quality, or maintaining a positive and motivated team can all be key contributors to a business’s current success.

However, when business demands take over the core values of the company, it can sometimes seem like the business has become a “bully”. Time becomes short and all too often the management team forgets to practice their own core disciplines.

Taking back control is important for your well-being and the longevity of your business, so I encourage the Pareto principle, (also known as the 80-20 rule, as 80% of your business normally comes from 20% of your clients) as a filtering of the customer base can improve profitability and give back time to the team. With the restored time, management can then go back to the basics of what first made the company a success and practice those same disciplines in every aspect of the business. There is rarely any one aspect or task that improves a business 100%; however, there are often 100 small tasks we can improve by 1%. I call this my 100% efficiency rule.

In your role as a manager and leader you are familiar with managing diverse groups of people. What are some of your key learning’s in how to develop and grow teams to improve performance and productivity?

Often business owners or senior managers will have a strategic plan which they have worked up “behind-closed-doors” and take personal ownership for the outcomes. However, many managers forget to communicate their business’s vision with their wider team – therefore failing to get their teams’ to “buy-in” on the business’s journey.

 

 
 


When undertaking a strategic plan, I encourage my clients to involve their team through a creative thinking process, that is, move away from the methodical approach to strategic planning and cross over the “imaginary line” of thinking. Some of the most effective ideas, opportunities and solutions come from taking a more lateral approach to planning.

From my experience, by engaging a team in the planning phase they feel a greater sense of belonging and naturally begin to take ownership for the outcomes, with a willingness to “openly” contribute ideas and information.

As a mentor and coach you have the opportunity to work with professionals in many industries. What are they looking for in a mentor?

Recession is looming and many businesses may already be struggling. Often, they will call in a mentor who has been through these tough conditions before. I have grown businesses in two recessions and my experience can guide others in growing their business in recessionary times.

In other cases, management wants to move their business to the next level but realise they need additional or new business skills. Where possible my philosophy is to help them to identify their strengths and build on them to create the newly required management skills. Occasionally, I will help them to source these skills from outside the company.

With your expertise in the corporate sector, what financial management and business skills can you bring to a client?

Business owners are exceptional operators of their business however they sometimes struggle with the business management aspects such as the financials, and business growth planning. Having been in the banking sector for much of my career I have an excellent understanding of what a bank is looking for in a business and how best to present this information.

With an ageing population many family owned businesses are considering the next step as they move into retirement. This often includes me working with these business owners through a succession planning process to assist in preparing their business for sale.


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