Business coaching is now popular to both big and small companies that many business coaching firms have surfaced offering their expertise. Once considered a luxury that only corporate executives from big companies could afford, business coaching industry in the United States now totals to 37, 000 firms based on IBISWorld.
Business coaching is not cheap so it will be beneficial for your company to choose one that is qualified and the right fit for your expectations. With thousands of firms to choose from, it will be tough to assess every one of them. Business coaching has no tangible coaching credentials and no certification process thus, anyone can start a business of coaching people. But do you know what to look for when hiring a business coach?
When hunting for a business coach, one must consider the following factors:
The Success Rate
It is important that you know the success rate of the business coach by asking about his previous clients and how did help them achieved their objectives. You should also ask him how much he earned coaching executives and employees. This is your way of determining if he really knows anything about business development as he was able to earn that much.
A coach from a barely surviving firm is someone that you should avoid hiring because he was not able to address the problems within his own firm. How can he resolve yours?
The Length of Experience
Avoid first-timers. Never let other people practice on your company. Look for a minimum of three years experience when hiring a business coach which is long enough for him to build on his reputation and skills. This is to ensure that he or she had encountered all problems and issues that a company faces in the course of three years and gained knowledge in every coaching mistakes encountered along the way.
The Credible References
You will be entrusting yourself and your company to the hands of a business coach thus, a thorough background check should be conducted. Your business coach prospect should be able to convince previous clients to call you to serve as references for his success in achieving results in their own companies. You should also check the authenticity of these companies by googling their information and calling them back on their offices for further questions. At least three credible references would be fair enough to establish.
The Framework for Coaching
A good coach follows an effective system of coaching. He can present it to you during the interview. Avoid business coach applicants who have no clear framework of how they go about coaching because they are not good for you.
The Advanced Learning
You don’t want somebody to teach you obsolete techniques right? So look for a business coach who has the drive for continuous learning. Do not base your judgment on what school he graduated from but how he was able to continue educating himself to keep his knowledge up-to-date. This is to ensure that he can give you the guidance that your company needs.
Source Link: http://success.com/article/how-to-hire-a-business-coach