| Buyer beware: Choose a business coach carefully
to get the results you want
by: Jim Jenkins
Consider this scenario. A colleague suggests you get a business coach.
Via the Internet, you find one close-by. The woman says she’d love
to help. She charges $300 a month for two 30-minute calls. It seems like
a good deal, so you eagerly sign on the dotted line.
Next, you are sent to a website to learn your Enneagram type. This personality
quiz doesn’t seem to connect with marketing your business. You call
the coach. She says that you rank a “two” and that you’re
trying to please everybody. She says that you should take better care
of yourself. She says you need to take nature hikes, yoga lessons, and
long bubble baths.
You have yet to get real business coaching. Sadly, this scenario plays
out often, usually resulting from a lack of understanding on how to choose
the best coach for your business.
In the past several years, coaching has become one of the most effective
ways to cultivate the professional and personal skill-sets of teams and
individuals. Coaching has proven results. Fast Company magazine reports
that up to 40% of Fortune 500 companies hire coaches to improve their
businesses. There’s a proven, significant return on investment.
A 2001 study by the Manchester Review said that the output of executives
involved in coaching programs averaged nearly 5.7 times higher than the
initial investment.
But you must do your homework before choosing a coach. For coaching to
work, it’s vital to have a basic understanding of a coaching relationship.
What is coaching?
Coaching is a conversation, a dialogue between a coach and a coachee.
Through coaching, you will learn how to:
- Communicate better;
- Balance priorities;
- Make effective presentations;
- Better understand strengths;
- Identify new competencies needed.
There are several types of coaching to choose from:
Life coaching – Focuses on inspiring life-transforming experiences.
These include: creating personal joy and freedom, developing a better
sense of self, building stronger romantic relationships, or learning to
let go of old fears and doubts.
Business coaching – Focuses on issues of running a business. It
ranges from individual and executive team coaching, to coaching owners
of small- to medium-sized businesses. Coaches help executives, staffs,
and businesses develop, promote, and grow.
Executive coaching – Builds highly collaborative, individualized
relationships. The aim is to bring sustained behavioral change and transform
the quality of the executive’s life.
Pick the best type of coaching for you. Then find the coach with the
experience, education, and skills for supporting others that you’re
looking for. But beware: There are some people without formal training
or background who call themselves coaches.
HOW TO CHOOSE THE RIGHT COACH FOR YOU
The coaching industry attracts consultants, therapists, and people with
good intentions who want to help. But because there’s currently
no regulatory board or set of, the prospective coaching client should
choose a coach wisely.
Evaluate their credentials
A business coach should have some formal training, and have some understanding
of organizational dynamics including how to navigate corporate culture.
Other questions: Is the coach part of any organizations? Does the coach
publish books or articles? Does the coach offer products and services
in addition to coaching?
But don’t take degrees and certifications at face value. They tell
you nothing about the quality of the coaching.
Evaluate how they work with clients
Many organizational consultants direct you toward answers without involving
you in the solution. That’s not coaching. A skilled coach will engage
you in dialogue, give you a new look at an issue, and ultimately let you
decide what’s best.
The coach’s role is to provide support to enhance the skills, resources,
and creativity that you already have. Coaches are trained to listen, to
observe, and to customize their approach to meet your needs. Coaches will
elicit solutions from their clients; but a skilled coach also knows when
to jump in and provide direction when you get off track.
Make sure they’ve been in your shoes
Make sure your coach has experience in your area and speaks your language.
Many therapists jump on the coaching bandwagon. While the therapists
may have skills and knowledge that help them work on personal transformation,
they’re not necessarily best at helping you adapt your leadership
style or improve work performance.
Other ways to learn about a coach:
- Read their bio, and ask about their background.
- Ask them if they’ve worked through the issues you’re having.
- Visit their website and see how they market themselves.
Look for testimonials and get real referrals
Most coaches will post a client list or testimonials on their website
so you can see what their clients think. Beware of anonymous testimonials.
Ask for names and numbers of clients to contact, to validate the coach’s
work. Call them. Ask specific questions such as:
- What was it like to be coached by this person?
- Did they help you achieve your goals?
- Would you hire this coach again?
Make sure you fit with your coach
Trust your instincts when deciding whether or not the coach truly understands
who you are and what you need. You may want:
- A coach who’s direct and will act as a constant “swift
kick in the behind.”
- A coach who provides advice and talks about their experiences.
- A coach who listens as you pull the answers from inside yourself.
Ultimately, you will want a coach with whom you have great rapport, who
you would trust with certain details of your life as well as your observations,
who will not judge you.
About the author
Jim Jenkins is a certified professional coach, owner of Creative Visions
Consulting and co-founder of Innovative Play LLC in Frederick, MD.
He specializes in partnering with executives, front-line managers
and entrepreneurs who are committed to creating sustained success
in their professional lives and in their businesses. For more information,
call (866) 322-8263 or visit http://www.cvc-inc.com.
Contact Jim Jenkins for a copy of his white paper entitled "Getting
clear about success: The return on investment of business coaching."
|
|
» Controlling
the price changes in futures markets
The lock-limit is one way that the markets can be controlled.
» How
much will price changes effect stock trading?
Price elasticity is an economics term that refers to
the way that price changes of stock can affect the demand for that
stock.
» Large
volume trading in steps
Program trading is a term that is also used in at least
two different (though similar) meanings.
» How
many stock options are available?
Open interests are not a feature of all stock market trades.
In fact, open interests are calculated based on options and futures
trades.
» Protect
your portfolio from large losses
If you are worried about the stock market, then you
might want to consider portfolio insurances.
» Insure
your investment without limiting returns
Are you looking for a way to trade on the stock market
without having to deal with all of the risks?
» Regional
funds explained
Increase your portfolio diversity with funds from other
regions.
» What
is a derivative?
Invest in commodities without buying the commodities themselves.
» What
is an option?
An option is an agreement that a commodity or stock
will be available for purchase at a set date.
» Should
I always pay a commission when buying mutual funds
There are three main types of mutual funds when it comes
to commissions.
» Find
the lowest risk investment portfolio
If you're trying to find a good investment portfolio,
then you may want to look at the Treynor measure.
» The
difference between PAX World Funds and The World Funds
The first type is purchased through the company PAX,
and these funds focus on socially responsible companies.
» The
Alpha factor explained
A new method of differentiating between different investments.
» How
good is your planned investment
A company prospectus is a legal document that has been
filed by the company that you might be thinking about investing
in.
» How
do I find the best investment advisor?
If you're looking for the best investment advisor for
you, you should make sure that you pay attention to the type of investments
that that advisor usually recommends.
» How
to find the best full-service stockbroker - ask questions
Before you decide who you should choose for your full-service
stockbroker, make sure that this is the best option for you financially.
» Investing
in commodities
Investing in commodities is not too hard to do - the
real problem comes in when you are trying to decide which commodities
you should invest in, and when it is better to buy or sell a particular
product.
» Don't
wait to get your retirement payments!
If you're looking for an annuity, there are a variety
of different annuities to choose from.
» Multisector
bond funds explained
If you are looking to invest in bonds, but you are not
sure that you want to deal with making all of the purchases on
your own, bond funds might be the right option for you.
» Private
annuity explained
The biggest difference between a regular annuity and
a private annuity is that private annuities take place between
two individuals, instead of between an individual and an insurance
company.
» Avoid
estate taxes with a life insurance trust
If you're looking for another way to insure yourself with
a life insurance policy that will avoid any taxes after your death,
then you should look into getting a life insurance trust.
» What
is a Section 1035 policy exchange?
Don't lose insurance money when you change policies.
» Who
should consider annually renewable term life insurances?
If you're looking for a good insurance policy, then
you should probably take a good look at your financial situation,
and at what you can count on being your situation in the future.
» Death
benefit only plan explained
If you need life insurance, but you are not able to afford
the regular price for life insurance, then you might want to look
into a death benefit only plan.
» How
to save money on your homeowner's insurance
In the case of homeowner's insurance, the most common
way to reduce the amount of money that you will be paying each
month is to increase your deductible.
|
|
|
Please visit Sitetube.com
and learn how to profit from your website.
|
|
|