Four Mistakes a Newbie Coach is Likely to Make

Four Mistakes a Newbie Coach is Likely to Make

Offering advice limits creativity and ownership: As a business coach, it’s not your job to advise. When you jump into giving advice, you are likely to shut down idea generation by others.  Instead explore ideas and solutions with them, so that they understand the solution, and how it was arrived at.  People are much more likely to take ownership and carry it through when they come up with their own solutions. People are creative and resourceful and fully capable of solving problems

Being judgmental: The client needs to be given time to reflect, respond and be an active participant in the conversation. It’s not the coach’s place to judge as it causes clients to withdraw and stop expressing their true feelings.

Not being present: Leadership coaching requires you to be totally present to the client and to their issues. You can’t be present in the service of the client with a cluttered mind. As a coach, therefore the constant clearing of the head and thoughts becomes an essential practice.  You need to have your head clear of any supposedly smart, intelligent thoughts, your emotions need to be on an even keel and your body-mind needs to be totally aligned and at peace for you to do the coaching well.

Not reviewing progress: Create an effective method for reviewing and measuring progress. When you coach, you need to create the environment to enable your clients to come up with their own solutions.  They can then assess their progress and change course if their solution did not have the desired impact.

Business Coaching India by ‘CoachMantra’ is a model for engagement, empowerment and accountability. It teaches those being coached to be responsible and to “own” their results. By engaging in coaching, you’re making a decision to replace mediocrity with high-performance. Coaches essentially lead individuals on a path of self-discovery which in turn, helps them resolve professional and even personal crises.

Blog Writer – Guest – Team Coachmantra

Coaching For The Next Generation in Family Owned Business

Coaching For The Next Generation in Family Owned Business

Worldwide, executive coaching is over a $1-billion industry, according to the Harvard Business Review. Business coaching in India is part of the larger business performance enablement market, which is growing exponentially as companies demand accountability, productivity and results from their employees. Family businesses promote entrepreneurship, and generate wealth and security for the next generation (next gen) of owners. The very things that make family firms so wonderful such as the highly personal relationships, the inherent loyalty and commitment, the flexible structure, are those that pose challenges in the long term.

As Tracy Perman explains in her Business Week article entitled “Taking the Pulse of Family Business,” two broad trends are visible in the realm of family business as we get comfortable in the 21st Century. First, the aging of the baby boom generation signals a coming ownership change for many family businesses within the next ten years. Second, more and more of these businesses will be taken over by women, continuing a trend that has been visible since the turn of the century. 

To ensure organizational effectiveness and growth in the long term, the next gens need to recognize and understand both the strengths and the weaknesses of family businesses. Finding a balance between respecting the processes of the past, and seizing the opportunities that the next gen sees for the future, has always been a challenge in family firms.

So, what role does Executive coaching and Business coach play in grooming the next generation of leaders (next gens)?

Coaching helps next gens to align themselves with the existing values and fabric of the company. Many next gens feel they have to work harder than other people to prove themselves as they are expected to take on a governance role in the business one day.

  • Well-managed integration at this time goes a long way in the future success of the business. The next gen is exploring new ideas, new markets, new locations, and even new business models. Leadership coaching helps next gens to manage change sensitively.

  • Coaching helps developing decision-making skills as well as the ability to build consensus. Family firms pride themselves on their quick decision-making, but if next gens want to change something that their parents spent their lives building - this needs to be managed sensitively.
  • Management Coaching helps to develop the insights and abilities required to create collaboration. A next gen leader has to manage multiple stakeholders, who have seniority and experience on their side.
  • Business Coaching helps young leaders to develop a clear vision for the future and articulate it so as to get buy-in from all stakeholders.
  • Corporate Coaching is one of the most valuable methods to ensure successful handling of inter-generational transition. Succession needs to be planned a long time ahead. Building on the strengths of the older leadership, and drawing on the energy of the young, is a balancing act. Coaching helps to make this a rewarding experience rather than conflicting.

If the conditions are right, working in one’s family business can be the most amazing opportunity. Coaching can help you be part of something you really care about, become a guardian of it, and perhaps, one day pass it on to your own children. It doesn’t get much better than that!

Call +9178380 88597 or write to mycoach@coachmantra.org to experience the benefits of quality
Executive Coaching.

Blog Writer – Guest – Team Coachmantra