Business coaching is a practice that helps in enhancing employee efficiency, to achieve substantial results in the organizational structure of a business. It speeds up the performance and sharpens your business skills. The need of business coaching is responsible for the rapid increase of its various opportunities. More often than not, clients opt for coaching to increase their sales, enhance the spirit of teamwork, increase productivity as well as improve quality. But, in times of crisis, the main aim of seeking professional assistance is to overcome business hurdles as soon as possible. The significance of coaching has increased manifolds, when analyzed in terms of the way it enhances leadership qualities in a business executive. Business coaching mainly focuses on enabling a business person to develop a unique business plan that can reflect his own identity.
Features of Business coaching:
The features of business coaching describe its basic nature and explain major aspects dealing with coaching. Some of its features are as follows:
. Interpersonal communication: Business coaching lays stress on the importance of interpersonal communication skills. It helps in getting a job done in the best possible manner. It plays a significant role in maintaining business relations with clients and expanding the business.
. Teamwork: Teamwork is one of the most significant features of business coaching. Business coaching highlights the importance of every individual in an organization, thereby infusing the team spirit in every employee coached. Besides it also encourages people to work honestly and make positive contributions to the business.
. Realizing hidden talent: It offers space to people, so that they can understand their needs and aspirations in a better manner, so that they get to know their various hidden talents and areas of improvement. It explains the need to work with people in a more confident and effective manner.
. Assessment of business potential: It assesses current business potential and demands the need to define the nature and scope of a business alliance. It helps to identify the immediate priorities, in order to get the desired results.
. Analyze scope of progress: Business coaching helps in analyzing scope of progress and creates a sense of awareness regarding business processes. It involves analysis of a number of yardsticks for coaching strategies and goals and offers methodologies for evaluation of progress.
Key elements of coaching:
There are three main elements of any business, which work in an effective business-coaching framework. They are as follows:
(a) Accountability: Accountability forms one of the most important elements of coaching. The person seeking coaching is supposed to take responsibility of the outcome of the coaching. It enables all the members to be accountable for their own actions and mistakes. It helps them to analyze their performance critically and work on it so that they can improve.
(b) Direction: Business coaching enables business people to incorporate their newly acquired learning into practical results. The directions of the coaching pattern are often realized by achieving results, which requires rigorous business planning at different levels. They are then combined together and reviewed on a regular basis in order to ensure development.
(c) Transparency: Transparency in communication and regular learning in relationships between employees and employer offers an insight into the changes that are necessary. It calls for a transparent communication at managerial levels.
