A business, or executive coach, can make your company thrive. Every company need guidance and professional advice. Business coaching is like having a life coach, but the focus is on your business.
Finding a business or executive coach can be a very difficult thing and it is also very time consuming. It is easier said than done.
How can you make sure you find the right business coach for you and your company without having to spend hours calling or searching the Internet? You should also have a look at the most common facts and myths on business coaching.
Thankfully you have come to the right place. I have been in the industry for over 15 years. I have been involved in both small, medium and big corporations.
We here at Business Coaching Co are dedicated on helping you find the best business coach for your needs. Where to start and what to do?
It is not that difficult actually. I suggest you find the answers to Business Coaching Co three simple questions, and you are on your way having your business coached.
Here are the questions. Where should I look for a business coach? What should I ask the business coach before hiring him or her? How much should I pay for a business coach?
Where to find a business coach?
The coaching business isn't regulated by anyone, and that is hurting our industry. To find the right coach, you need to be resourceful and do a lot of your own research. Business Coaching Co shows you where and how to research. Internet is a great tool.
A good starting The International Coach Federation (ICF), which is the largest worldwide resource for business and personal coaches, and the source for those who are seeking a coach. The ICF is a nonprofit, individual membership organization formed by professionals worldwide who practice business and personal coaching.
International Coach Federation
World Association of Business Coaches is the first international professional association dedicated exclusively to the business coaching industry and the only association of its kind with advanced membership standards based on business experience, coaching experience and references.
WABC
Above organizations are two excellent starting points.
What should I ask the business coach when hiring?
When it comes time to interviewing prospective coaches, here are four questions to ask yourself. Questions that will take you beyond the obvious:
1. Is this person really a business coach, or just a camouflaged business consultant?
The rule of thumb is, “Consultants give you answers. Coaches ask you questions.” Hiring a coach is not like hiring a lawyer. It's not about getting an expert. If your coach claims a level of expertise that you can never attain, that should be a big red flag.
2. Does the coach have a strict code of ethics?
To get the best results, you'll need to be completely honest with your coach. Look for a coach who insists on total confidentiality, as unbreakable as the attorney-client privilege.
We have developed a model for coaches that resembles a psychologist's code of ethics: it includes absolute confidentiality and respect for the boundaries set by a client, and aims to leave the client with the capacity to improve, without further help from the coach. Check to see that your coach has a similar code.
3. What will this coach actually do for me?
To get specific results, be specific about what you need. "Say to your prospective coach, 'Here's what I want to do. What do you know about it, and how can you help me?' "Try to establish a level of detail where you know exactly what will happen if you work together. Will your coach meet with other managers in your organization? With your team? Your boss? If things aren't working, is there a contingency plan? Asking for specifics helps you avoid a coach who's strong on charisma and weak on substance.
4. Does the proposed program match my needs?
A coach's game plan must be consistent with your real life. If you've been asked to make an unreasonable time commitment, or to change your lifestyle in ways that don't feel doable, look for another coach. We train coaches to operate almost exclusively by email or over the telephone, in deference to managers' busy schedules.
How much should I pay for a business coach?
"How much do you charge?" shouldn't be your first question, but it shouldn't be your last, either. Make sure you understand exactly what it is you're paying for.
Business coaches can range from $200 US to $20000 US per hour, with $500 to $1000 per hour being the more common range.
But money should not really be a concern. What the right business coach can do for you and your company is priceless. You will receive the money back in one form or another.
Good Luck!
Kind Regards,
Matt Alstrom
Welcome to the Business Coaching Company
