… IF YOUR EMPLOYER DOES NOT PROVIDE IT, GET IT ANYWAY
Interestingly, more organizations are asking us to deliver Business and Leadership Coaching, as well as Employee Development Programs. An article in Workforce magazine says that, according to a recent AMA survey, companies that use business coaching report performing well on such measures as revenue growth, market share, profitability and customer satisfaction. Individuals who had received coaching were more likely to set work-related goals and to say that subordinates trusted their leadership abilities, according to the survey. Furthermore, companies that hire outside coaches appear to have the greatest success, according to the AMA survey.
Among other major findings:
- Business coaching is more popular than ever, boosted by companies struggling to develop a new generation of leaders to replace retiring baby boomers. There has been a proliferation of business coaches and coach-training programs. Of U.S. companies surveyed, 52 percent said they had business coaching programs in place, and another 37 percent said they would be implementing coaching programs in the future.
- Companies use coaches to work with executives, high-potential employees, and problem managers.
- Companies that use formal metrics to measure the performance of coaching programs are most likely to report that these endeavors are successful.
Organizations use executive coaches to make poor managers better, OK managers good and good ones great. The Five O’Clock Club’s Business Coaching Program is different from others because all of our coaches are top executive coaches, they all follow The Five O’Clock Club methodology, and they have worked together for years. Because of this:
- they speak the same language,
- conduct regular and smooth peer reviews (check up on each other), and
- there is an inherent element of quality control in The Five O’Clock Club’s coaching approach.
Without a uniform approach, one executive coach may start with assessment, while another may just plunge in to analyze the situation. All of our coaches:
- start by assessing the individual’s situation or goals using The Five O’Clock Club’s methodology,
- determine what behaviors are needed to change the situation or reach the goals,
- develop a continuing situational analysis to implement those changes on an ongoing basis, and
- provide post-coaching plans.
- And they are well-disciplined in the research-based, Five O’Clock Club model.
Business Coaching is often a reward for those whom the organization values. Read detailed descriptions of our programs in the “For Employers” section of our website. If your employer does not offer you this kind of growth potential, get it on your own by hiring a Five O’Clock Club Executive Coach. Read the success stories in this issue to see how a coach can help you to keep your career on track. Yes, get a career, not just a new job. Kate Wendleton, President