Mentors & Partners Group Wins Most Innovative Business Advisory Firm
Winners in the Corporate LiveWire Innovation and Excellence Awards 2021
Based in Hungary, Mentors & Partners Group (MPG) specialises in business strategy, business mentoring and organisational development. The consultancy firm works with clients across Europe, with a significant presence in Hungary, Brazil and the United States, and a particular focus on domestic companies looking to enter the international market. For these, MPG can offer extensive knowledge on international expansion and continued business development. Advising across 17 sectors in 14 countries, the company’s expertise lies in sales and management development programmes, CEO mentoring, foreign market entry, and brand and image management.
CEO and founder, Miklós Palencsár, is a prominent business specialist known worldwide for having invented the cutting-edge psychological analysis tool, RISE. This unique system is able to identify decision-making mechanisms, which ultimately helps clients to identify personality-based target groups, market opportunities, and entry strategies. MPG is also the only company to have created a personality map for different locations in the world, which shows the proportions of personality types in a given country; thereby helping clients determine the main decision-making factors in the appropriate market. This means that in addition to traditional market research information, the consultancy’s partners get a clear idea of the most effective business strategies and communication techniques for the chosen location.
The judging panel praised the expertise brought by Miklós, who has been a business mentor since the age of 22. He offers honesty to his clients, with direct and constructive feedback that pushes them to achieve their long-term goals. Working at each level of the company, Miklós is known for his inherent ability to understand people and their motivations, thereby discovering the building blocks to success.
In 2020, MPG achieved 60% revenue growth and 107% profit growth; an immense achievement considering the difficulties many businesses faced during this period. In turn, many of the company’s clients have also reported unprecedented success, thanks to the expertise of the dedicated team. Meanwhile, the RISE system is now being implemented as a vital tool in parenting and sports teams and will be guiding the cohesion of multiple national teams and individuals athletes at the Tokyo Games later this year.
“CEO and founder, Miklós Palencsár, is a prominent business specialist known worldwide for having invented the cutting-edge psychological analysis tool, RISE.”