One of the best kept business secrets is coaching. Behind every successful entrepreneur, leader, and athlete is a team of people who helped them get where they are today. The top player on the supporting team? A coach. Coaching for business may seem unnecessary. We’ve gathered the most common instances where bringing in a business coach can have a direct impact on performance for your organization.
Does your organization have a shortage of talent?
Developing the skills of current employees through coaching can be a more desirable and cost effective solution when compared with the risk and expense of recruiting external candidates and “importing” skills into your organization.
Did your business start small and grow?
Skills required to manage larger businesses are fundamentally different from those necessary when businesses are very small. But these skills are not acquired automatically; coaching can help fast forward the process.
Do you have valuable technical experts who have a need to develop other skills?
Certain employees may be very difficult to replace due to their specific technical knowledge or client relationships. Helping to develop this human capital such that it can thrive in your organization is more beneficial and cost effective than trying to replace their knowledge or replicate their relationships.
Is it difficult for your leaders to “get away”?
Most businesses cannot afford to have leaders away from work for extended periods of time. Coaching offers targeted, timely development on identified issues/areas that can be fitted into the individual’s busy schedule.
Are significant organizational changes taking place?
Mergers, acquisitions and reorganization of any kind can necessitate shifts in behavior and attitudes; coaching facilitates changes required to fit with new structures or cultures.
Have there been recent changes in job roles?
New jobs usually require new skills and abilities. Business coaching can help people adapt and excel in their new role.
Do you need to provide support for future leaders or senior executives?
As you groom managers or executives for leadership roles, keep in mind they too will likely need to enhance their skills for the new role but may be reluctant to voice their needs. Outside coaching provides a confidential and safe development option with the advantage of an objective perspective.
In recent years coaching has evolved into a tool widely recognized to rapidly increase leadership effectiveness and levels of personal and professional achievement. It’s something to strongly consider for your organization as you plan for 2018. Contact us to learn more about coaching for your business.
SKYE Business Solutions helps leaders discover their purpose: the driving force behind your organization’s ability to achieve. Purpose empowers leaders to recognize value; creating a culture of engagement, contribution, and trust. SKYE propels your leadership to the next level: pushing through the ordinary to unlock the full potential throughout all levels of your organization.