There comes a time when your business needs some direction. Perhaps you are in a growth phase, you are transitioning into a new area of business, or you simply need some assistance taking things to another level. There is only so much advice, direction, and training leadership can provide.
“The challenges that most organizations have with attracting, retaining, and developing top talent can’t be addressed by training alone. Because of this, more and more organizations are implementing coaching programs in order to help employees reach their full potential and realize stronger business results,” says Cheryl Breukelman on Epiphany.
SIGNS YOUR BUSINESS NEEDS CAREER COACHING
Career coaching is beneficial to your employees at any time, but there are certain instances where it is warranted more than others. Here are some common signs your business needs career coaching:
1. YOUR SENIOR LEADERS WILL BE MOVING ON IN A FEW YEARS:
We are now in an era where many company leaders are starting to retire. Career coaching can help your company groom the next batch of company leaders, ensure they have the right skills, and help ease the transition.
2. YOU HAVE NEW LEADERS IN IMPORTANT ROLES:
Building on the previous point, new leaders, especially those who are new to leadership roles, need to develop the skills to lead others. Career coaching can help them overcome barriers, limitations and more effectively grow into their new role.
3. YOU WANT TO RETAIN YOUR TOP TALENT:
Offering coaching is a step in the right direction to keep your top talent happy and engaged. It will also make it easier for you to keep them in-house, develop their skills, be more productive, and even be groomed for leadership roles in the future.
4. YOU HAVE A LEADERSHIP GAP:
If there is a strong gap between leadership and your employees, a career coach can help you start developing new leaders internally, rather than looking externally if you happen to lose a company leader.
5. PRODUCTIVITY AND RESULTS ARE STAGNANT:
Do your employees lack motivation? Are results starting to slip? It’s a good indication that it’s time for some outside assistance. A career coach can help employees better utilize their skills and have a more focused career path, helping you identify where team members can be used best to get the most out of their skill set and abilities.