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THE WHO WHAT HOW AND WHY OF BUSINESS AND EXECUTIVE COACHING Today’s Business Owner and Executive has huge demands placed on him/her by the company they work for, by their employees, customers, family and friends. How do they cope with these demands? How can they achieve maximum job performance, stay motivated, meet all the demands placed upon them? If the Business Owner and Executive wants to do all this without feeling stressed out and even achieve personal fulfillment and happiness each and every day, working with a Business and Executive Coach, can be the answer.
So what is specifically business
It is a process where a coach personally partners supports and assists with problem solving and encourages Business Owners, Entrepreneurs, Executives, and Professionals with the development to achieve their business and personal objectives. Coaches are totally devoted to the client’s well-being and success, and are sometimes a sounding board, often a mentor, and at times, a challenger. A coach many times will be instrumental in creating a “shift” from how the client views or responds to a particular problem to a different, more effective way of dealing with the particular situation. The Coach assists their client with making the most of themselves and their opportunities in the most efficient and fastest tactile approach possible than going it alone. The goal is to greatly benefit the client while saving them time, money and personal anguish. Personal and Business Coaching is a relatively new profession about 20 years old. Coaching in its present form began in the 1980s. Thomas J. Leonard, is considered by most to be the founder of today’s professional coaching. He was a financial planner living in Seattle and was assisting his young affluent clients how best to invest their six-figure income. During these discussions, Leonard learned that his clients were looking for more than the basic financial planning advice. He discovered that they were very interested in investigating the larger personal issues and goals of what they really wanted to achieve in their business and personal life and needed some guidance with that as well. They were not looking for a therapist to deal with any emotional issues. What they were seeking was an independent third party that they could brainstorm with and help them with figuring these issues out. There was so much interest in this area, Leonard decided to change his financial planning practice to a "life planning" practice. The term coaching was suggested by one of Leonard’s clients. By the end of the 1980’s Leonard was teaching others how to coach and in 1992 he founded Coach University a leader in coach training with over 7,000 coaches operating in 38 countries. In 1994 he also founded the International Coach Federation a large association of professional coaches with over 130 chapters worldwide.
What can a Business Coach do specifically for you or for your company?
There are 2 basic forms of business coaching. Coaching for the individual executive and coaching for a group of company employees. Many major companies have made coaching a core part of executive and employee development including IBM, Microsoft and the Marriott Hotel Corporation. Business Coaching can take on a variety of topics. Typical objectives and goal oriented results are as follows:
How does a typical Coaching Session work?
Initially, the Business Coach will either offer a 30 minute complementary coaching trial session or submit a proposal for coaching to your company. This is very useful to determine the benefit value for both the client as well as the Coach. Most one on one coaching sessions are done over the telephone in a 30 or 45 minute session 2 to 4 times per month. The coach will ask from the client to specifically state the topic that he/she wants to be coached on. Through a series of questions and mutual dialog, the coach will assist the client in defining the goal or problem and act a guide through the process. The client most likely will realize different ways to view the topic selected, review various options and develop a plan of action. The coach provides a framework and a safe non judgmental environment for the client to be encouraged, supported and challenged. The coach acts as a sounding board and in many cases will give the client a way to look a topic from many different angels where the client would not see on his/her own. Personal experiences may also be offered to the client if they are relevant to the situation and the client is open to hear them. These techniques as well as many other coaching models are used to assist the client with improved clarity. The coach also is available between scheduled sessions, if the client feels it’s beneficial to get clarification and support. The client may also ask for an independent opinion from the coach on some particular event that the client is currently experiencing. In a group environment, either on a conference call or in person, the coach will act in very much the same way, but focusing on the group’s objectives as opposed to a single individual objective. Under the right circumstances, a one-on-one or a group interaction with an objective third party, the Business Coach, can provide focus and goal oriented results more effectively than other forms of organizational support programs. This is a synergistic approach to improving performance in achieving business goals. In the past, coaching was used by organizations as a tool to assist in correcting underperformance. It is now being used my many executives and companies in supporting and creating top producers, creating more effective employees and managers while increasing job satisfaction maximizing both personal and company performance.
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