What is BUSINESS COACHING and who is it for in general?
It is for companies and organizations that want to invest in growth and development of their people, and that see business coaching as a strategic initiative to improve corporate culture and increase success.
Have you noticed employee turnover, more frequent personnel turnover in the team, decline in motivation and company spirit, employees’ burnout, poorer communication, decline in sales and revenue? A well-designed coaching plan will also hit these areas. We will prepare a tailor-made program according to your company’s needs with direct impact on C-level executives, middle management and even frontline employees.
Leadership coaching for C-level executives
It is executive coaching for those at the top, for the top leaders of the companies, directly responsible for change in organization.
Business coaching for middle management
It is also leaders coaching and the goal is most often to improve manager’s abilities to lead others and prepare them for a senior position.
Business coaching is for frontline employees, performance coaching, team coaching.
How do you determine the return of your investment in business coaching?
(ROI = return on investment of business coaching)
Overall, it is challenging but necessary to demonstrate an increase in the value of human capital. Initiatives in corporate coaching are usually not implemented in isolation. If a company’s revenue has increased by 25% since the start of coaching, it is inevitable to check what other initiatives the company has implemented over time. It is highly likely that coaching will significantly improve team communication and that will stimulate innovation. How do we measure this innovation? Etc.
In order to increase the accuracy of ROI calculation, we identify the coaching goal and we will use the key “metrics“ to measure the benefits of coaching.
- Revenue increase, profit increase, sales increase, sales by departments, consumption increase...
- Cost saving, lower costs per capita, less managing needed...
- Higher employee satisfaction and lower employee turnover, less injuries...
- Individual metrics