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5 Ways Business Coaching Can Benefit Your Organization

Influential leaders are indispensable for the growth of an organization. Unfortunately, only 19% of businesses are actively developing their leaders. This is a disturbing trend, considering that leaders, both good and bad, can either improve or decline to a business.

Influential leaders are indispensable for the growth of an organization. Unfortunately, only 19% of businesses are actively developing their leaders. This is a disturbing trend, considering that leaders, both good and bad, can either improve or decline to a business.

We recommend that organizations adopt a business coaching policy as part of their ongoing growth and talent management policies. Continue reading to understand ways that an organization will benefit from developing leaders.

Business Success and Continuity

Better leaders contribute positively to the growth of a business. The Human Resources Department should outsource a professional business coach or consider hiring an ICF credentialed coach to bring coaching within the organization to help develop executives, managers, and teams.
An influential leader receiving coaching will motivate a team and create a positive workplace climate to support the organization in achieving its goals. Happy, motivated, and energized employees perform better, which ultimately contributes to the success of the business and its bottom line.

Leaders are currently facing a world that’s been changed by a global pandemic impacting the way businesses operate. Working from home, furloughs, pay cuts, and restricted movement as a result of social distancing are today’s reality. There’s nothing normal about this situation. Effective communication is essential during a crisis.

Now that many businesses are starting to reopen, leaders need guidance now more than ever before. Professional Coaching can create a path forward. For example, inviteCHANGE is offering FREE coaching to executives who are ready to return to work. Change begins with the leader, so a Leader Mindset Assessment is the first step followed by a complimentary coaching session with a relationship advisor to help develop a plan.

Talent Development

Professional business coaching can help identify and nurture talent within an organization. For example, is it financially sound to promote a manager to a director position internally rather than select an outside candidate who needs to be onboarded and has a learning curve?

Executive and leadership coaching can be an asset at all levels, especially for department heads. When regularly equipped with coaching that reflects a team vision and goals, leaders can identify and equip talent to be among the highest performing on the team.

Employee Satisfaction

Employee satisfaction is a natural result of good leadership. Instill in your managers and directors the importance of cultivating positive relationships with their teams. A positive and collaborative workplace climate significantly Improves working relationships, boost morale, and ultimately increases productivity.

With the help of a business workplace climate coach, an organization can develop a culture that values contribution, and respect. Employee satisfaction improves when employees feel valued, even beyond rewards for their work.

Better Use of Time

Time is a precious commodity. Executive coaching for C-suite leaders can help these executives align and understand how they spend time in relation to their personal and corporate goals.
An executive coach will help leaders identify obstacles or any internal barriers to achieving the goals and results they desire. They will also support the leader in prioritizing what’s most important. A focused, transformed leader gets better results that contribute to the health, efficiency, and profitability of the company.

External Environment

Corporate social responsibility is critical in building trust with customers, the community, and the general public. Did you know that organizations such as inviteCHANGE offer climate coaching? Hiring a professional coach will help leaders identify sustainable corporate social responsibility strategies for their business and put goals and benchmarks in place. Recent data shows that a social mindset is now the expectation of your customers and workforce. (Source: The Corporate Social Mind Report, June 2020 Research)

Final Word

Professional Business coaching by an ICF credentialed coach makes good business sense. You can see coaches in action by attending and an upcoming global leadership conference. Contact us today to learn more about professional coaching.