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Improve your bottom line! Coaching is proactive and solution based; the sessions are focused on change, learning new skill sets, taking action and obtaining powerful results. A recent Chartered Institute of Management study found that organisations that use coaching for their staff produce the most satisfied work force, with the least amount of absenteeism, ill health, stress and high turnover. Coaching focuses people on achieving goals, rather than dwelling upon failures. The role of the coach is to provide distinct support where the coach will focus solely on an individual’s situation with the kind of attention and commitment that the individual will rarely experience elsewhere. The GROW model underpins the coaching framework. This gives coaching its distinct forward- moving characteristic. GROW stands for goals, reality, option and will. It helps the coach and client clarify what they are working to achieve, ensure that all actions are geared towards achieving the goals and develop motivation to take action. The coach provides new perspective, an objective detachment and commitment which enables the client realise their intended results. Benefits of coaching for the business include: Increased productivity, as people are encouraged to stay in action Retention of staff, people stay because they feel valued Better quality of decision making Better risk management Improved relationships, openness, communication Faster problem solving – as people take on the challenge of issues For the person being coached: They experience a refreshed sense of their own development and learning, Increased enthusiasm, as energy is released and channelled Release of tension, pressure and stress as emotions are surfaced and liberated Areas where executive coaching would benefit managers or top level executives might include: an organisation has decided to align its management behaviours to core values such has integrity and innovation; an individual being groomed for senior management who may need to gain skills before making that move. Coaching influencers is an obvious place to begin. Many senior managers and executives now see having a coach as a natural support for their on-going personal success and sense of well-being.
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“For women, mastering money is a challenge for a number of reasons. First, some of us have trouble actually doing it. Second, we have trouble acknowledging the fact that we're doing it. Why? In part, because it feels as though we're wresting control from the men in our lives. But also because, when we were growing up, many of us were taught how to put together an outfit in the morning, set the table for dinner, write a book report or parallel park, but nobody taught us how to save or spend or invest. Nobody sat us down and said: 'Honey, if you save some of that money you made baby-sitting, it will grow to be a lot more 10 years from now.'”