A company is only as successful as its people
Remember when you were a child. You had a chocolate in front of you and mum told you to not to eat it…. what was the first though you had? I want to eat it! Why I can’t eat it?
We are human beings and through evolution we are designed to react to threats in our environment. We are always scanning for threats, and whenever someone tell us what to do or not to do, our response if to defend ourselves and pretty much do the opposite.
And this is what is happening nowadays in all areas of our life. Whether you are a big or small company or at home (especially if you have teenagers!) the old style of teaching is obsolete. It is not about pushing anymore. It is about pulling and finding the tools within.
Did you know that up to 40 % of Fortune 500 companies use coaches? Google, BBC, eBay, Pfizer…
And do you know that successful people and leaders have a coach?
At 31 Cristiano Ronaldo still sees the benefit of a Coach (and I am not referring to a fitness coach) to continue playing world class football. At 55 Barack Obama still needed Coaches to continue to be the President of the United States until last year. And at 62 Oprah Winfrey still relies on coaches to stay one of the most respected people in the Entertainment industry.
Do you know that up to 75 % of Large -Scale Corporate Change initiatives fail? The reason being Employee resistance. Most of the times the employee resistance is linked to engagement, leadership and communication
And let’s be honest, changes are here to stay and to be successful we need to adapt and take action and though change can be uncomfortable it is amazing how one small change can have one big impact in your life.
In the same way, a series of small changes in your organization could bring mammoth results.
So that makes coaching so special?
The answer is simple.
It’s because of what it’s not.
Instead of being another top down or push programme. Coaching empowers people to develop their own solutions to issues and goals. This increases the chances of action tenfold.
Coaching is about learning. Coaching is about change. Coaching will act as a catalyst for your change preparing you, your teams and your company to be successful and to cope with any other situation in the future because it creates awareness and responsibility and finding the tools they have within
Do you have employee turnover? How can you stand out with innovation? How can you improve your financials? How can you change your company culture to adapt to the new digital era and demands? How can your employees find meaning at work? How can you be a successful entrepreneur working abroad?
ALL THIS CAN BE TACKLED WITH COACHING
What are the benefits?
Changes, whether in the form of one to one executive coaching, training managers to be coaches, or business coaching, do not occur in a vacuum, and change in any one part of the system will impact YOUR organisation: you will have resilience, innovation, less employee turnover, strongest leadership achieving company growth, profitability and market share.
Coaching is an investment. BUT the ROI is 7% the investment. If you must tell them every single time what to do or not to do,to eat or not to eat the chocolate. Which takes longer coaching or managing? Teaching them what they need to ask themselves about WHAT they can do to eat that chocolate next time.
Successful leaders, entrepreneurs , business owners , successful companies and individuals use an Executive Coach.
Why: Cause to have long lasting successes you need to find he tools within
Just some figures:
Poor conflict management skills cost UK plc billions‟ People Management October 2008 Conflict costs UK businesses £24 billion pounds every year due to lost working days (370 million days). The average worker spent at least 2 hours a week dealing with conflict
An estimated 370 million working days are lost to conflict at work each year as a result of: Personality clashes e.g. between team members, the boss, other departments etc. ; Stress is main cause of long term sickness absence (average public sector absence is 9.1 days per year and private sector absence is 7.1 days per year (Sunday Times and CIPD October 2011) ; Heavy workloads ; Taking credit for other people’s ideas or work ; Talking over people in meetings or behind their backs ; Ignoring people or being discourteous e.g. making personal remarks or relentlessly criticised ;Not inviting team members to team social evening or events ; Bullying and harassment ; Low morale and productivity
A manager only has two functions: first to get the job done and the second to develop people.
And up to 80 % of managers in an organisation haven’t been trained on leaderships skills .And nowadays a company is only as successful as its people.
All the best.