What does Xerox, CN and Kodak have in common? Well, yes, they are all big multinationals with thousands of people to manage. So what do a pro-golfer like Tiger Woods and an Olympic gold medalist like Jennifer Hiel have in common with them? Or, a small Canadian company like Spark The Branding Shop? The answer is simple. They are all highly successful and engage qualified coaches to help them reach their full potential – in terms of performance and earning power.
Business and executive coaching is rapidly becoming a mainstream business tool, strategy and resource for maximizing productivity and profits. In fact, many leaders now consider it their secret weapon and would just as soon their competition not figure it out. The value received and results generated through an effective coaching relationship can be phenomenal.
Here are eight critical ways coaching-based solutions support success.
1. Clarify The Strategy (or Game Plan). Develop/update strategic direction and create winnable game strategies and action plans.
2. Attract and Retain Top Employees. Determine if you’ve got the best players on your team, how to get and keep superior performers, and what to know about the interplay between brand and attraction strategies.
3. Develop Leaders. Learn how to hone leadership effectiveness and populate the entire work culture with a winning attitude. Create a coaching culture based not on telling but rather on motivating upwards, downwards and across.
4. Build Intellectual and Emotional Capacity. Define and develop the skills, behaviours, attitudes and knowledge for top performers.
5. Strengthen Team Performance. Team coaching and other strategies designed to foster highly engaged, passionate and committed teams. Focus on increasing levels of employee engagement.
6. Assess Performance and Provide Feedback. Conduct individual assessments and 360 degree feedback surveys. Develop scorecards. Support/align with coaching for improved performance.
7. Seek Feedback and Measure Progress. Design and conduct employee surveys to gage feelings and attitudes on relevant topics.
8. Succession Planning. Ensure that your leadership pipeline is filled and that you have an effective, objective succession plan in place.
Effective leadership requires an ability to marry and manage three dynamics: strategy, people and processes. This involves not doing things right, but doing the right things consistently.
When you’re ready to put into play any of these critical functions, we’d love to be a trusted resource. Call Catharine at 780-701-8178 or email cwright@wright-group.ca.
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