Employee coaching and development for businesses continues to swiftly make a shift from a negotiable to a necessity as the benefits have proven to be well-worth it. Online coaching provides your employees with the tools, skills and mindsets they need to grow and develop in thriving environments, which in turn will positively reflect a business's engagement rates, productivity, and ultimately profitability. But with all of these benefits, it’s important to understand what makes a good coaching platform before committing, so you can decide on a program that is right for your business and for your leaders.
While there are several avenues an employer can take to contribute to employee development, coaching stands out amongst other options because of the lasting impact it has on performance. With the guidance a leadership coaching provides, leaders are able to focus on areas that require improvement, which leads to increased efficiency and higher quality work. In addition, with newly adopted skills, leaders approach scenarios with innovative solutions, boosting confidence and employee satisfaction, which further reduces employee turnover and burnout. All of these benefits have a lasting impact on the health of the business and the culture in which the overall business operates.
The key to rolling out a successful coaching program for your business is to ensure that it will meet your needs and provide the best experience possible for your employees. There are a few key elements to look at in every platform to make an informed decision.
While employees might have varying responsibilities and workloads, it’s important to find a platform that is convenient for everyone. Having an easy-to-navigate platform means that your employees can spend less time acclimating to the platform and more time developing their skill sets and approach.
For example, Valor’s easy-to-use, comprehensive online platform can be accessed through desktop, tablet, and on a mobile app. It also includes unlimited access to ongoing courses, micro-exercises, and assessments; so your employees can track their progress and reflect on their growth at any time, anywhere.
Since no two businesses are the same, it’s important the coaching program you move forward with is tailored to meet each individual employee’s needs as well as the overall goals of your organization. Features such as personal assessments, progress reports, and customizable training paths will greatly enhance an individual’s experience.
By completing Valor’s 360º self assessment, recipients provide our team with valuable insights to accurately predict strengths and areas of opportunity amongst leaders and their teams. Following the assessment, we use advanced AI software, to match individuals with the most appropriate coach for them based on experiences, preferences, and career path.
Reporting and analytics are potentially the most important feature when investing in a coaching platform. Tracking progress is crucial to both employee success and organizational success. Furthermore, tracking allows you to review what is working and what might need to be revised.
Valor provides insights through data metrics, like benchmarking against comparable companies, to help you understand your team's mindset and the impact Valor Coaching has had on performance.
Another important element to look for is the caliber of coaches available. Not all platforms offer the same level of expertise amongst their coaches. You want to make sure that the coaches working with your leaders have experience that is relevant and applicable so your leaders can have an expert resource to help them navigate through adversity.
Valor Coaches know firsthand how to excel in hyper-competitive situations. They have performed on the world's toughest stages as CEOs, professional athletes, equity derivative traders, and military specialists, with years of experience in performance mindset coaching. And from their experience coaching top performers around the globe and their expertise in the science of excellence they know how to help others be in the right mindset, at the right time - consistently.
Finding the Right Coaching Platform
Finding the right platform for your business might seem complicated, but it doesn’t have to be. First and foremost, remember to evaluate your employee’s needs. Understand what they find important and what skills they want to develop in their careers. Secondly, compare cost and value and be sure to review user feedback and reviews. Finally, refer back to the questions listed above and make sure they align with your organizational goals. Utilizing these steps will lead you in the right direction for your needs.
Enhanced performance, increased employee satisfaction and engagement, and reduced burnout are just some of the reasons to invest in coaching for your employees. Know what to look for when evaluating your options, such as ease-of-use, customization, and expertise of the coaches. And as with any investment, do your research so you can be certain that you’ve chosen correctly. Providing your leaders with the tools they need to reach their full potential demands a delicate approach. Valor coaching applies a customized model for each individual within every organization while measuring scalable progress. Schedule a demo to explore Valor coaching.