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Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
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Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
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Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
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enquiries@nordens.co.uk
The Retreat, 406 Roding Lane South, Woodford Green, IG8 8EY
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What is business coaching?
Business coaching is a set of methods and techniques where the objective is to achieve the best possible efficiency in results.
This will motivate workers and thereby contribute to their professional and personal satisfaction.
The people responsible for a company being competitive, are very often those who have had numerous levels of business coaching in the past.
The origin of this kind of coaching application derives from the training of high performance sports teams.
Taken to the corporate sphere, the objective of coaching is, above all, to train managers and executives to increase their communication skills and improve their leadership abilities.
However, coaching can be applied to all employees, regardless of the position they occupy in the company, and it also works well in teams too.
So, what is the business coaching process?
What happens from the moment you need a coach, to the end of the intervention?
You are probably aware of the benefits that business coaching could have in your business, but how do you implement it?
How to start? Here are the business coaching phases.
The first thing to do is to analyse the initial situation – to know how to reach your ultimate goal.
For this, it is necessary to explain to the person who is going to receive the coaching sessions what the underlying purpose is.
It could be to develop skills, increase performance, or it can be coaching for a team of workers.
n the latter case, the coaching sessions will be focused on improving communication between team members.
Another possible analysis of the initial situation of workers, is to study their performance evaluations.
After developing the diagnosis of need, comes the design phase.
In this phase, the work plan is approached.
The first thing is to set objectives that will be realistic, attainable, measurable, relevant, temporary and specific.
After having agreed on these, it is necessary to define how long the coaching process will last.
The duration of the coaching process will depend on the goal or goals that need to be achieved.
The coach will need to establish the number of sessions and define the coaching contract in which the company, the worker and the coach will be present.
This phase is when the project starts and the coaching contract is signed.
The sessions usually last between 60 and 90 minutes.
Depending on the objective you want to achieve, 6 to 10 sessions will suffice.
Each session will monitor progress, by analysing what has been put into practice and the changes that it has involved.
Depending on the results, the techniques can be redefined.
The monitoring is carried out through reports addressed to the worker and the company.
At the end, it is evaluated whether or not the objective has been achieved and what competences have been acquired.
It is convenient to carry out the final evaluation when 2 or 3 months have passed. This is so the coach can verify that the changes have been fully implemented by the business.
The steps to follow for individual coaching and team coaching are identical.
Now that you know how a global coaching process works, it’s important to know how the coach intervenes.
For this, you will need to know the models of business coaching…
Our strategic Business coaching offers a tailored service to each client
Vision & Financial Strategies
Financial Transformation Planning
Strategic Overview Perspective
Management Issue Solutions
Enhancement of Competitive Advantages
Branding & Marketing Strategies
There are different coaching models and you will opt for one or the other depending on the objective to be achieved.
There are three main business coaching models: GROW, OUTCOMES and ACHIEVE.
This model consists of 4 phases.
Each of them must be developed correctly and if not, you must return to the initial stages, until you attain the proposed improvement.
The sessions with this model are based on the questions asked by the coach.
Business coaching questions have to be powerful, so that they invite reflection and guide the employee towards achieving their goal. That is why in coaching, closed questions are not used. The primary aim is to be challenged and guided toward a higher level of growth.
Similar to the GROW model, the OUTCOMES model raises even more coaching.
Beginning by analysing and understanding the current situation and objectives more deeply, it takes the worker to higher levels of development.
It is widely used for managers, since the coaching intervention is more structured than in the previous model.
With this method, the coach has to make a display of skills such as active listening, honest feedback, rapport development, stimulating questions and use of intuition.
You have to know how to motivate your workforce to be thoroughly involved in the process.
This is a 6-step model: |
---|
Evaluation of the current situation |
Posing alternatives to get out of the current situation |
Defining goals |
Searching for options to attain these goals |
Designing an action plan |
Maintaining motivation |
If you don’t know too much about coaching, you may be wondering what exactly is done.
Here are some of the most commonly used business coaching dynamics.
This exercise serves to motivate work teams.
It consists of each team member thinking what they like most in their other teammates and exposing it.
This practice is both challenging and liberating, since we often find it hard to openly express our thoughts on other colleagues.
The team is set to work on a topic and each one prepares a presentation defending their proposal.
This exercise serves to know the positions of the workers and their ability in defending their ideas.
This also helps you to know the facets of your colleagues that you did not know.
One of the best known dynamics, brainstorming allows each team member to give one or more ideas on a proposed topic, while the coach is guiding the discussion on a board or flipchart.
It is a way to involve teams more in company decisions.
These types of dynamics are widely used in group coaching, although they can also be used in individual sessions too.
We hope you have no doubts about the benefits of business coaching for your employees.
This method is used by some of the largest and most successful companies in the world. The outcomes are proven.
Do you already apply it and want to share the results achieved?
Or are you looking to take the first step?
In any case, we would like to hear from you about your experiences and help your business gain the expert guidance of a business coach.
Why not get in touch with our strategic team today?
Our strategic Business coaching offers a tailored service to each client
At Nordens, we're more than just accountants - we're business experts who can help you achieve your biggest goals.
Our specialist strategic division at Nordens boasts some of the leading entrepreneurial business minds in the country. We cater towards delivering consistent success stories, whilst helping businesses achieve above and beyond their initial goals.
Through highly-tailored guidance, coaching and advice, Nordens Strategic are able to define exactly how your business can reach new levels of success.
Regardless of how you define ‘success’ for your business, our strategic service is guaranteed to bring about real and lasting change. By partnering with some of the UK’s top business coaches, we’ll steer you along the path to a greater future.
Every business, no matter how big or small, needs to make the right decisions, and how to best manage your accounts can put huge question marks over your business. Accounting2You is here to take that pressure off and provide you with all the answers you need.
Our bookkeeping branch offers a fully inclusive, comprehensive service that you can trust. Since 2005, our specialist bookkeepers have been successfully managing the accounting of both individuals and small businesses.
With experts in payroll analysis, credit control and financial recording, Accounting2You will lead your business efficiently, and with real purpose, towards a prosperous future.
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Director - Metro Bank
Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be.
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Very good to work with - the team go above and beyond to make the accounts easy and efficient. They're all super friendly and a joy to work with.
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Great accountants, always available to offer advice. The team have transformed my business.
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Having worked with Nordens over the last 5 years, not only to look after my annual accounts but they have also provided outstanding professional advice. They have guided me through a Company share buyback with clear and objective advice. We have also been using Nordens strategic services for a couple of years, which has helped bring about significant improvements that exceeded my expectations. With experience of working with several local accountants over my 29 years in business, I’m very pleased with the service I have received from Nordens.
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Trusted our business with Nordens for over 10 years now and watched the company grow into the successful innovative business it has become today. Deservedly so. Every aspect of financial advice we need is always given promptly and with a smile. We have total confidence in all aspects of advice Nordens give. If you are looking for accountants, its a no brainer!
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I have been with Nordens for many years now and they are a great accountants.
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We have used Nordens for the last 5 years and have had a great service throughout. The guys are very passionate about what they do and have played a part in the growth of our company, highly recommended.
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Great Service at Nordens from a friendly very approachable team Particularly Kirsty Willis and Joe Sword who have been helping us since we started the business in 2016.
Director - Forma London
Nordens provide a first class service. We moved to Nordens last year and have been impressed with the level of service provided. Keep up the good work!
We've always got our ears to the ground when it comes to interesting, useful and topical information relating to business and accountancy.
We love making videos that break down convoluted accountancy jargon into plain-talking, actionable and accessible facts.
In November 2002, having sold our other business interests off earlier in the year, I decided to set up Nordens Chartered Accountants. The easy part was knowing how to do it, as I had established and built a smaller practice a few years earlier. The difficult part, for me, was not following the traditional accountancy path. Having run businesses, both successfully and unsuccessfully, I wanted to help business owners resolve their short term problems and work with them to achieve their longer term goals. Business has always been my interest and I love that I can help business owners achieve what seems like the impossible every single working day.
Mark Norden
Founder
Our limited company accountants have a range of qualifications from The Institute Of Chartered Accountants (ICAEW) to the Association of Chartered Certified Accountants (ACCA). We worry about the bye-laws, regulations and ethical guidelines of the ACCA so you don’t have to! That makes us an ACCA-accredited employer as well as a Professional Passport-accredited one!
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Nordens is a trading name of Nordens Limited, a limited company registered in England under company number 04709951. Our registered office is: The Retreat, 406 Roding Lane South, Woodford Green, Essex, IG8 8EY.
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