Over the past decade or so, the concept of corporate coaching has been making headlines. Corporate coaching has graduated from a buzzword making rounds in the business world to becoming an essential ingredient which forward-thinking companies cannot do without.
Accordingly, increasing numbers of global businesses seek help from corporate coaches to increase the performance of their organization, improve their in-house technology, enhance their strategic planning, and increase employee engagement. That in itself isn’t news at all. Corporate coaches are professionals who are highly trained, experienced and well-equipped to coach towards organizational goals. They expertly examine a company’s productivity and disposition to help both employees and team leaders achieve individual goals.
A 2001 study across the Fortune 500 companies spectrum, indicate corporate coaching delivers out a significant 530% ROI (Return On Investment). Which begs the question: can your organization benefit from corporate coaching?
The following post looks to provide insight into how corporate coaches can help streamline or enhance several facets of an organization, from SMEs to global blue chip companies
Enjoy Better Communication in your organization
For most organizations, especially large corporations, poor communication is a serious issue that hampers productivity. For global companies, for instance, in effective communication can break what could otherwise be a great campaign, strategy More often than not, communication is a crucial element of corporate coaching. This way, the coaches can assess/assist participants to develop key communications & effective team building skills within the company
And.. the clever businesses also use business communications coaching business to assist marketing teams to use more robust techniques of communication with clients, both online and on-site to increase customer engagement strategies.
Enhance Productivity thanks to coaching for performance programs
Much like any other aspect of today's business, productivity can significantly improve with direction and strategy. Highly knowledgeable and skilled corporate coaches can expertly undertake the analysis of an organization's productivity. In turn, their analysis can be used to provide tremendous improvements on the way employees work, both individually and in tandem.
Help with Cost Reduction
Cost reduction, much akin to productivity, can influence the organization's profitability significantly. Coaches as outside catalysts can help to open conversations and seek improvements which can lead to significant savings over the long term, releasing funds to drive the company's long term strategic plan.
Effective Strategic Action Planning
No company can prosper growth or move from stagnation without a substantial commitment to long-term and strategic planning. That's where a corporate coach can be of significant benefit in helping the companies drive strategic planning and direction. As an outside facilitator, a coach can assist companies to cut through internal operational matters and take the “helicopter” view of what is required for the longer term strategic plan to be developed and infrastructure put in place to achieve the plan.
Help with Contingency Planning
Strategic planning is no longer the only challenge for those in the corporate world; they also have to deal with disaster planning/contingency planning. The coaches can help an organization come up with a streamlined process of designing and implement such an important plan or any other business plan for that matter.
On its side, a business that isn't afraid to face issues at the structural level usually showcases a sense of forward-thinking that is essential to progress in today’s increasingly competitive corporate environment.
Better Employee Relations
Improving the in-house dynamics of employee relations and team-building is one of the most important aspects of corporate coaching. Do your employees work efficiently in tandem? Are they happy with their roles in the organization? Coaches can facilitate your business to raise these questions and actively engage employees in developing tactics to influence company's productivity, efficiency, strategy and employee engagement
Contact us to find out how our corporate coaches can help your organization: