What is a Business Coach & What Business Coach Can Do For Me?
Times May Be Tough… Making A Profit Doesn’t Have To Be !
What Is A Business Coach?
Business coach is the same as a sports coach only instead of working with sport figures an business coach works with business people. A business coach or business mentor can work with you on a one-on-one with an individual executive or with larger groups of executives organised in to seminars and or workshops depending on the needs of the client. Some executives might know it better as leadership or business mentoring.
"Success is simply a matter of luck. Ask any failure"
As indicated a business coach can also work with you in group settings. The group may consist of executives associated with the same company, or be composed of executives that are all part of the same industry in order to create a mastermind group. In some cases, the coaching may be offered to members of a professional group, such as trade association or a local chamber of commerce. With each instance, the business coach is responsible for finding ways to convey the information in a manner that will resonate with the registered attendees of the seminar and or workshop.
Business Coach May Be Able Help You With Some Of The Following Improvements
Developing or expanding strategic vision
Helping grow your business exponentially
Building self-esteem and enhancing professional presence
Help you setting goal and achieve them
360-degree feedback (positive or Negative)
Enhancing flexibility and responsiveness
Becoming more at ease with themselves
Improving ways of handling stress
Regaining balance between life and work
Turn your business around
independent sounding board and strategic partner
Working with an business coach or a business mentor therefore will enables you to move beyond the traditional training. He / she can provide the answers and learning 'how to', to achieving results through real performance, in businesses ranging from a local small business to multinational companies.
Business coach, is he/she like Psychotherapist?
A business coach focuses on work and career related goals. He/she is action oriented, looking at where you are and where you want to be in the future, with your personal business coach keeping you continuously on track and moving forward to your goals. Very rarely will an business coach dig into your personal past or personal relationships to determine why and how you came to be the person you are now.
Did you know that IBM has more than sixty certified coaches among its ranks? Who do you think that is? Did you know that when Sir Richard Branson started he had Sir Freddie Laker as his business mentor? Scores of other major companies have made coaching a core part of executive development. The belief is that, under the right circumstances, one-on-one interaction with an objective third party can provide a focus that other forms of organisational support simply cannot.
Working with a business Coaching was once viewed by many as a tool to help correct underperformance of individuals or organisation, today it is becoming much more widely used in supporting top producers. In fact, in a 2004 survey by Right Management Consultants (Philadelphia), 86 percent of companies said they used business coaching to sharpen the skills of individuals who have been identified as future organisational leaders.
What Will A Business Coach Do For Me?
In today’s fast-paced, dynamic and ever-changing business climate, executives need to not only keep up with the pace of the market, but also remain proactive in developing their own abilities as well as those of their team members.
Business coaching is effective for executives who can say, I want to get from here to over there, but I'm not sure how best to do it. Coaching best works when you know what you want to get done. Perhaps, in spite of your outstanding track record, you haven't yet gained the full interpersonal dexterity required of senior executive. Improving / gaining such skills might be an appropriate goal for a coaching assignment.
Remember a business coach wants the same results as the executives but with minimal efforts and maximum return: to achieve their target goals. A business coach works with the executives and managers they coach to capitalize on the company’s strengths to help the company achieve the very best results it can.
One of the big benefits of working with an business coach is that they aren't tied to the organisation, your friends, or anyone else. They are tied to you only, so they support what you want and where you want to go.