Business owners and executives will always find ways for a return on their investments.
And although most human resource practitioners recommend developing a coaching culture within an organization, there is concern about the costs and benefits that this would entail.
We asked Dino Badilla, a member of the International Coach Federation, to shed some light on this issue. Here are some of his thoughts:
Coaching in the workplace improves leadership development.
It also improves employee engagement, communication skills and teamwork in the company.
Businesses that value the importance of coaching have seen significant results in employee engagement and financial productivity.
Coaching in organizations are conducted in three ways: 1) hiring external coach practitioners, 2) use of internal coach practitioners and 3) using managers/leaders with coaching skills.
The last one is the most common mode, however, 22 percent of these managers/leaders do not have any formal training at all while 51 percent received less than 30 hours of informal training.
Furthermore, the three main barriers to implementing a successful coaching culture are lack of time, limited ability to measure return on investment and budgetary constraints.
Through formal coach training, enhanced performance management, communication skills and team effectiveness may be achieved.
It can also jump-start a coaching culture among employees.
Badilla will facilitate a workshop titled “Fundamentals of Coaching: Developing a Coaching Culture in the Organization” on Sept. 6 at the Inquirer Academy.
The Inquirer Academy is at 4168 Don Chino Roces Ave. corner Ponte St., Makati City. For more information about the workshops or if you would like to add your input on the article, you may e-mail ask@inquireracademy.com, call (632) 834-1557 or 771-2715 and look for Jerald Miguel or Karl Paz, or visit the website at www.inquireracademy.com.