Business Coaching: the benefits
The global number of professional coach practitioners is growing every year.
Over 53,000 professional coach practitioners existed worldwide in 2016, and two in three of these coaches said that they worked with managers, executives, entrepreneurs, and business owners. Whether you are an employee of a larger organization or if you’re the brilliant mind behind a new startup operation, business coaching can have a profound effect on your success.
Business Coaching Defined
Coaching is a partnership between coach and client where a professional business coach is able to creatively collaborate with a client to help them achieve their goals. Business coaches can draw expertise from a variety of disciplines such as counseling, psychology, sociology, and entrepreneurship to help their clients achieve both business and related personal success. In fact, the Harvard Business Review states that coaching draws from aspects of both consulting and therapy.
In short, business coaching focuses on the future - it’s what can help you grow your business into the success you’ve always dreamed of.
Who Can Benefit
The short answer? Anyone and everyone! While a great deal of business coaching focuses on the aspects of starting and developing a new business, employees and managers working within larger organizations can find just as much benefit from engaging with a business coach. For example, companies which include coaching as an aspect of their training increase employee productivity upwards of 80%.
Individuals, managers, small companies, and larger, established businesses all fall within the expertise of professional business coaches.
Why Work with a Business Coach?
Everyone will have their own reasons for meeting with a business coach, but a few of the most advantageous opportunities include the ability to:
Brainstorm, bounce ideas, and receive unbiased feedback
Develop interpersonal skills to accompany business expertise
Improve job satisfaction, according to 61% of executives
Function self-sufficiently and effectively within a business setting
Set business goals and strategize how to attain those goals
Plus, one survey of executives found that coaching resulted in a return on investment of six times the original cost of coaching.
Only the Beginning
The International Coach Federation predicts that the use of coaching is slated to increase even further over the next five years; with such shockingly positive statistics in favor of the business coaching phenomenon, it’s no wonder that the business coaching industry is booming. Really, it’s simple—people want to be successful, and business coaches can help.
If you think you’re ready to take the plunge into the world of business coaching and see the benefits for yourself, there’s no better time than now. Luckily, WikiExpert is helping clients all over the world find their perfect business coach match, with the opportunity to schedule online meetings regardless of your availability or time zone, there’s no excuse not to invest in yourself and the future of your business.