In the world of sports, athletes
hire personal coaches to fine tune their skills and break through the
boundaries to improve performance and achieve goals. In the business world,
mangers need solid coaching skills to fine tune individual employees and teams
in delivering bottom line results. The manager who is able to “coach” is able
to make a profound improvement in the performance of employees while keeping
them motivated.
Numerous studies have clearly
shown that correctly coaching employees improves the bottom line. Organizations
that have paired training with coaching experience outstanding bottom line
profitability. Stand alone training improves productivity by only 22.4%, while
training coupled with coaching increases productivity by as much as 88%.
Coaching is the process of open communication and feedback between the
manager-coach and employee. This process can be time-consuming but the reward
can be great. Your ability to inspire and coach your employees can raise the
performance bar significantly, however, coaching works best if the coachee is
open and willing to accept the advice being offered.

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