When you see this headline fronting an online content, a newspaper by the sidewalk, a business and lifestyle magazine, or any other type of publication you may come across with on a random chance, Toronto coaching for business owners, what really comes to your mind first? Perhaps this is one of the most important questions that you will have to ask yourself first before you can really decide on yourself whether you would take advantage of these services or if you will still look for some other options that you can actually qualify as a more pragmatic alternative. But I have a bit of good news here for you regarding this, there is actually a wide range of data that will show exactly who seeks out this kind of specialized coaching or mentoring services. You will find this all too surprising.
In 2009, the International Coaching Federation conducted a study on coaching services and how this sector impacts the dynamism of the business community in the US, Canada, and in other developed countries of the world. The published report indicated who actually seeks out a coaching service, what do they need these services for, and what could be the overall return is at stake on this type of investment. The outcome of the study is a bit more of a surprise to everyone concerned as to who are availing this kind of specialized services and for what reasons they are taking them.
Let me take you first to who chooses to work with a coach. The general notion about business coaches is that corporate organizations are enlisting their help so they can give good guidance to their executives in rendering their functions to the business. On the contrary, the result of the study shows that it is the other way around. It indicated that it is the individual who usually seeks out these specialized coaching services, and those people are inclined or tend to have a graduate or a postgraduate degree. If they don’t own the business or the company themselves, then the majority of them are actually in the management or executive positions in the organization. If you want to know which gender seeks out a coaching program, 65% of the women in the corporate world does. This actually makes more sense considering the fact that there is an increasing number of women around the globe who are taking on management responsibilities in the corporate world. A significant number of women in the business community are also spearheading building up the very foundations and development of many small and medium scale enterprises.
Second, the general notion in the past would tell you that business coaches then were primarily hired before by corporations alone. While there was actually a point in time when corporations and business organizations would hire a coach for the sole purpose of curbing an undesirable behavior or conduct of a particular executive in their team, today this measure serves as a badge of honor for these managers to hire out and be assisted by these business coaches on their everyday dealings and endeavors. The primary reason why they are enlisting the help of mentors and business coaches is no less than to help them achieve an acceptable level of improvement in their work or in an effort to reinforce the performance of their team and usher it to the next level of excellence, at least with respect to their set standards. This action is normally followed by improving the overall conditions to help make way for more career opportunities or the enhancement of business relationships or management area.
The final outcome of this study clearly shows that many of these business organizations taking advantage of various coaching and mentoring programs have a clear understanding of how relevant soft skills are or the so-called interpersonal skills in successfully seizing whatever business opportunity that will come their way. Such coaching and mentoring programs are designed to help transfer the basics and the fundamentals of managing people and employees so your organization can become a step closer to its goals. Coaches today are seen as figures who are capable of delivering the needed action plans so as to propel a business organization to success.
Looking at the resulting data of this study leads us to this one relevant conclusion, that the business coach is now not seen by many in the industry as a form of stigma. It is not seen anymore with contempt for a permanent record. Business organizations and entities are now deviating from this old perception and shifting on to a new line of thinking about business coaching services. They are now beginning to see it as a badge of pride and honor for executives and business owners. What I am trying to indicate here is that coaching service is not solely for the benefit of large, 500 Fortune companies. Instead, this offering can be taken advantage of by anyone who is keen on reaching their goals or want to know how they can improve themselves and step up in the ladder of opportunity in the corporate world. Small and medium scale enterprises and enterprising individuals are usually the ones who are taking advantage of what business coaches have to offer.
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