The most successful in-house coaching efforts align with the goals of the organization. Tracie Moser of TRUCE Solutions believes that there are multiple reasons why organizations benefit from in-house coaching programs. In Vancouver, STEMCELL Technologies, CLIO Software, lululemon , VCH and Best Buy are a few organizations that have in-house coaching to supplement their training and education programs. Below are some of the reasons that companies may want to establish a coaching program:
Skills Enhancement – In house coaching enables experienced, highly competent leaders to pass their expertise on to others who need to acquire specified skills.
Leadership and Management Development -- Coaching encourages the development of leadership competencies. These competencies are often more easily gained through example, guided practice or experience than by education and training.
Real Time Support -- Coaching helps bridge the gap between theory and practice. Formal education and training are complemented by the knowledge and hands-on experience of a competent coach.
Organizational Development and Culture Change -- Coaching can help communicate the values, vision, and mission of the organization; a one-to-one coaching relationship can help employees understand the organizational culture and make any necessary changes.
Professional Identity -- When younger managers are early in their careers, they need help understanding what it means to be a leader in their working environment. Coaches play a key role in defining professional management behavior for new employees.
Recruitment -- Coaching can enhance recruitment goals by offering additional incentives to prospective employees.
Retention -- Coaching provides an encouraging environment through ongoing interactions, teaching, and role modeling that facilitates progression within the organization; coaching has been found to influence employee retention because it helps establish an organizational culture that is attractive to the top talent clamoring for growth opportunities. Coaching is a tangible way to show employees that they are valued and that the company’s future includes them.
Contact Tracie Moser of TRUCE Solutions to discuss how we can help you set up an internal coaching program in your start-up or growing business.