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Coaching is a hot trend at a growing number of companies, from IBM and Dow Chemical to entrepreneurial start ups. According to a recent survey by The Hay Group, an international human resources consultancy, between 25 percent and 40 percent of Fortune 500 companies use executive coaches. A coach is defined as being “part advisory, part sounding board, part cheerleader, part manager and part strategist (Business Journal).” Coaching can occur in one-on-one face-to-face meetings between the coach and the business person, over the telephone, in small groups, and even in group conference calls. Recently, a client of mine, who owns an acoustical tile cleaning franchise, was so pleased with the results of our coaching sessions, that she organized group telephone coaching sessions for her and other franchise owners. The benefits are enormous. Not only do the franchise owners save time and money conferring in a group telephone session, they all receive the same information at the same time, there are networking and sharing opportunities, and a spirit of teamwork has evolved. Coaching does not only occur in the one hour session each week. I give my clients reading assignments and “homework” to do in between sessions. One exercise that I use frequently with clients is to have them look at their entire business and pick two things that would impact their business the most. Then, we determine one or two things in each area that would give them the biggest bang for their buck. After doing this exercise, one client picked getting back in touch with old clients and telling them all of the services her company offers. In one week, she had three new proposals to bid on. John Russell, Managing Director, Harley-Davidson Europe Ltd, says, "I never cease to be amazed at the power of the coaching process to draw out the skills or talent that was previously hidden within an individual, and which invariably finds a way to solve a problem previously thought unsolvable." Coaching has not only helped my clients – it has also given me great satisfaction. I enjoy taking my experience working for organizations and owning my own business and helping others grow their businesses. You can almost hear people breathing a sigh of relief. It can absolutely make the difference between where a business person is now and where he/she truly wants to be. Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |
More Articles:1. Top Ten Reasons to Hire a Personal Coach By Kimberly Olver Have you considered hiring a personal coach? Jack Canfield, in The Success Principles says hiring a "personal coach is one of the best-kept secrets of the successful."1. A coach can help you clarify your vision and goals. If you have a sense that what you are doing isn’t the thing you really want for your life but you don’t have a clear vision of what you do want, then a coach can help you get clear.2. A coach can support you through your difficult times. Sometimes, we just need someone to t… 2. Why a Self Help Book May Not Help You By Wendy Owen For a self help book to work, we have to read right it through to the end. While this may seem like a no-brainer, many people never finish reading books that they buy. In fact many people never read a book after they finish high school.The next step after reading, is to re-read the important parts and then start doing the exercises - probably every day!Self help books can give us great information but we actually have to put that information to good use... (sigh)Ah well! If we don't have time … 3. Coaching: YOU Can Improve Your Organization's Performance By Andrew E. Schwartz GOOD BUSINESS COACHING: Clearly, the right kind of coaching can alter a team’s or an organization’s performance. The implication for business is that if you create a climate of coaching in any organization, you can produce performance that exceeds your expectations — and you won’t have to change the people to do so. Coaching can produce star performers in organizations, even when the players are people of ordinary talent and ability.A COACH CAN MAKE ALL THE DIFFERENCE: This is a big claims to … 4. Coaching vs. Directing - How Does Improv Theater Suggest You Should Lead Your Team By Henrik Kiessler An age old battle in improv that I believe resonates well with challenges we experience in the business world is the question of whether a team should have a coach or a director (in which case it should be called an ensemble). In addition there’s the third option of the self coached team, which I will call committee from here on forward.Role - Director: - “Mold” to vision. - Coach: - “Catalyst”, bring out what is there. - Committee: Rotation, everybody takes turn coaching the team.Pro’s - Dire… |
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