Ron Finklestein has writting a good article on why business coaching works:
SCORE states that 70% of all businesses that fail do so because they do not know when to ask for help or ignore problems when they happen.
Ron Finklestein has writting a good article on why business coaching works:
SCORE states that 70% of all businesses that fail do so because they do not know when to ask for help or ignore problems when they happen.
An interesting range of opinions are offered here on how to get the best out of people.
Forbes has published an article about executive coaching that provides five questions to answer before you hire one.
ZDNet has published an interesting and somewhat unusual video on Leadership versus Management that points out the benefits of management rather than the more traditional call for leadership.
The main points are:
#1: Leaders inspire; managers measure
#2: Leaders guide, managers navigate
#3: Leaders envision, managers maintain
#4: Leaders talk, managers listen
#5: Leaders support, managers teach
#6: Leaders hope, managers analyze
#7: Leaders authorize, managers direct
#8: Leaders rally, managers retrench
#9: Leaders expect, managers demand
Very useful tips, not just for corporate executives but also for professionals such as injury claims solicitors or architects or doctors.
The Irish Times has published an interesting interview with Richard Phelps of PricewaterhouseCooper about measuring human capital.
Human resources metrics have been around for some time. Traditionally, organisations have measured areas such as revenue per employee and return on human capital. According to Phelps, however, their status as a footnote in company annual reports has developed. Once the preserve of the human resources department, increasingly, the finance department and the chief executive are taking lead roles in measuring human capital.
“Our research shows that measuring talent has shot way up the agenda for chief executives recently to become either the number one or the number two issue for them,” he notes. Getting good data and interpreting it appropriately is key, but when they start looking at their organisations, CEOs are often taken aback, he adds. A surprisingly large number of companies, for example, don’t have a handle on the number of people they employ.
PersonnnelToday has published a short article about the value of coaching - even when an executive coach is not available - by learning to “slow down and use our inner wisdom”.
BusinessWeek has published an interesting article today about the benefits of succession coaching. The basic message is:
Dos and Don’ts for coaching your successor so the new leader enters to applause,
you bow out gracefully, and the transition is seamless
US News has published an article about celebrity-style coaches. The article states that people often turn to coaches during times of transition, which is true.
The Wall Street Journal’s LiveMint.com has published an article on demand for executive coaching services in India in a difficult economic climate, where Indian business is becoming increasingly international, but at the same time executives have to deal with downsizing and cost cutting.
Entrepreneur magazine presents a convincing article about Can Coaching Help Your Business? that points out Before you slash the training budget, consider what one-to-one coaching can do for your company leadership.
The article provides the criteria for selecting an executive coach: