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Question: Which type of companies might benefit from Business Coaching Services?
Answer: All types of companies, but it is particularly useful
for SMEs, partnerships and sole traders which tend to need extra
support at crucial times in their development.
There are many people and companies in the UK purporting to be
business or executive coaching specialists. Some are accredited
business advisors; others are experienced individuals from within a
particular business sector. Irrespective of their background or
credentials it is important before you part with you hard earned cash
that you have a strategy in place to select the right coach/mentor for
your business.
Aster Interim Solutions Ltd is a specialist interim management service provider which provides business coaching
/ mentoring services through its interim managers. Paul Wilson, Aster's
Managing Director identifies what you should be looking for in your
chosen business advisor:-
- Accreditation - Is the individual or the company they represent
formally recognised by a trade body or bound by a code of practise?
- Relevant Experience - make sure your potential coach has experience
of either your business sector or the type of issues your business
faces now or in the future.
- Take up References - too many companies ask for references but
never take them up. A reputable business coach should be able to give
you a list of several companies with whom they have worked.
- Understand the Costs - tie in tangible objectives to the coaching schedule.
- Review Periods - the whole point of employing a business coach is
for them to add value to your business. Make sure you build in formal
structured reviews with your coach to ensure you are getting value for
money.
- Recognise the end point - Coaching assignments come to an end, both parties should be able to recognise a natural end point.
In summary, employing a business coach can be an extremely
beneficial to a business. However, in order to get the most benefit from the arrangement
take time to select the right coach, identify the key objectives
together and recognise the end point. Paul Wilson
Managing Director
Aster Interim Solutions Ltd
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