First, ask yourself these two questions. Do you believe that your employees have more untapped potential than their current performance levels? And if yes, what is the opportunity cost of not using it to drive your business? If you are like many of the Senior Executives we interviewed, then you must’ve answered ‘yes’ to the first one and your answer to the second question might probably be that it cost you a lot of time and money. This is a common challenge faced by many businesses. The solution to this problem lies in coaching. In this era, coaching is a very important necessity to any organization; it’s not just a nice perk that accompanies the culture. Especially in a rapidly evolving era of hybrid workplaces, executives need support and coaching to help the leaders achieve their personal best. If you are someone who leads a human resource department then you need to think about how you can implement a long-term strategy to integrate learning into everyday work by creating a culture of coaching within your organization.
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What is a coaching culture?A coaching culture involves building a coaching mindset and developing coaching practices across the organization so that it ends up becoming a part of the company’s identity. A coaching culture enables agile transformation and coaching conversations on a daily basis. It creates an environment within the organization where:
- People can freely talk, give and take feedback
- Challenge each other’s ideas to promote out-of-the-box thinking
- Engage in developmental conversations that have a massive impact
- Support and broaden each other’s horizons and perspectives
How to develop a coaching culture?Here’s how you can instill a coaching culture in your organization in 3 simple steps.
- Make the case for strengthening the existing coaching skills by allowing people to experience it
- Start by integrating Coaching into your talent and Leadership Development Strategy
- Equip leaders, mainly HR professionals with key coaching skills
How it is beneficial for you?There is no question about the merits of coaching. Every company needs a coaching program. The question is whether you need an internal or an external coaching program. Here’s how an internal coaching program is beneficial to every organization:
- It is closer and more aligned with the company culture
- It is cost-effective/more affordable
- It is easily accessible
- It can be easily integrated into the learning programs