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Follow on Google News | Coach Your Business Towards More Creativity and InnovationBy: Intellect Coaches Benefits of Business Coaching According to an International Coaching Federation's (ICF) blog entry titled 'Ten Ways Coaching Can Help Your Organization', companies have been incurring returns on their investment in coaching services, whether via in-house or external coaches, in the form of more efficient and effective goal setting and management strategies to ensure that goals are met. Additionally, coaching is important to businesses during times of uncertainty and economic turmoil, as it assists organizations to better manage change. The article informs that, "a coach will help your employees assess current needs, opportunities, and challenges, all while maximizing the potential they already possess." Furthermore, engaging with a coaching will provide your business with the necessary tools and learning to take it to where it needs to be. A coach will help your organization work harder and progress further than it would on its own. http://www.intellect- Improving Small Business and Startups Through Coaching Additionally, coaching is important for Entrepreneurs and startups, by supporting them in demonstrating consistency and agile planning, time management and decision making. These attributes are paramount to the success of any business. Yet in the early stages of an infant organization, when business owners are caught up in the chaos of establishing and growing a new business, thinking and acting efficiently may be easier said than done. In an article published on The Guardian's website and titled 'Secrets to success: would you benefit from a business coach?', Xanthe Vaughan Williams and Nikki Scrivener, the owners of Fourth Day Public Relations, stated that they have engaged with a coach since the beginning of their business in 2002. Williams said, "In order to get maximum business efficiency from the coaching sessions, it is important to have someone who listens and asks awkward questions. And in terms of improving business efficiency, time management has been a key area of focus for both founders." She added that, "For example, when it comes to winning new business, Liz [their coach] questioned us on why we considered a meeting successful simply because we came out of it with a request to write a proposal. How long were we going to invest in this proposal in relation to the likelihood of winning the business? Was a written proposal really necessary to win the business?" http://www.intellect- Coaching Driven Leadership Rehumanizes Organizations Coaching is important to many organizations as a style of leadership and in improving employee performance. Organizations encourage managers and supervisors to adopt a coaching approach to foster more robust employee-relations, as coaches provide a much-needed ego check to help expand business networks and build healthier relationships with various stakeholders. Managers employe coaching to improve their team's productivity and effectiveness by gaining "fresh perspectives on personal challenges and opportunities, enhanced thinking and decision-making skills, enhanced interpersonal effectiveness, and increased confidence in carrying out chosen work and life roles," according to the International Coaching Federation (ICF). Furthermore, through coaching, employees can discover, clarify and align their personal objectives with that of the company, thus achieving an important prong in their work-life balance. This will lead to longer employee retention and sustained productivity. In 'The Benefits of Coaching Employees' article for the Workplace Psychology website, Steve Nguyen listed various advantages to coaching employees, from overcoming "costly and time-consuming performance problems", to boosting "productivity by helping your employees work smarter". Coaching improved employee performance by cultivating their confidence and ushering in a new breed of leaders through the development of valuable skills and knowledge, as well fostering support and encouragement from management. According to Nguyen, developing a resilient workforce through coaching is a more cost effective approach than formal training. Benefits of Business Coaching According to an International Coaching Federation's (ICF) blog entry titled 'Ten Ways Coaching Can Help Your Organization', companies have been incurring returns on their investment in coaching services, whether via in-house or external coaches, in the form of more efficient and effective goal setting and management strategies to ensure that goals are met. Additionally, coaching is important to businesses during times of uncertainty and economic turmoil, as it assists organizations to better manage change. The article informs that, "a coach will help your employees assess current needs, opportunities, and challenges, all while maximizing the potential they already possess." Furthermore, engaging with a coaching will provide your business with the necessary tools and learning to take it to where it needs to be. A coach will help your organization work harder and progress further than it would on its own. End
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