What does the business coaching process look like?
The business coaching process starts by defining your personal goals and objectives and then we define your goals for the business. Your business is there to serve you and not the other way around and that is why we start with your personal objectives – there needs to be alignment between both sets of goals. Through this, we will have an idea of where we are trying to get to through business coaching – keep our eye on the prize!
The next step is to understand where your business is today and this involves a business assessment that will indicate where the gaps are in your business, categorized into the buckets in the GROWth Formula (i.e. strategy, operations, execution, leadership, and your team).
Once we know where you want to get to and where you are currently, I will help you develop a strategy to bridge that gap. We don’t stop there, however. Strategy is useless without execution and execution is aimless without strategy, as the saying goes. Therefore I will help you and your team prioritize a list of objectives as well as an action plan to achieve these objectives. This takes place in a full-day workshop with you and your leadership team every 3 months and kicks off the strategic execution cycle.
Strategic execution cycle
- Think - What is the strategy? We start here in the first workshop - starting to set the direction for the business.
- Plan - What must we focus on? There are often a million things to do, but the key is to prioritize those goals/objectives that will provide the most meaningful progress for the business. This is where we spend the last part of a workshop - setting the objectives and an action plan for the next 3 months.
- Act - Are we executing on the plan? Between workshops it is time for you to go and do the work and execute against the objectives that were prioritized.
- Learn - How can we improve? In 3 months we get back into a workshop and review how we performed against the objectives that were set and what we have learnt. We then start the cycle again by taking these learnings, doing some more strategic thinking, and then setting objectives and action plans for the next 3 months ...and so the cycle continues.
In the time between these workshops, I will help you execute on your plan by meeting with you weekly, fortnightly or monthly (depending on the coaching package) and in these sessions, I will:
- provide you with tools and insights to help you with achieving your objectives,
- help you to hold yourself and your team accountable in taking the necessary actions to achieve your objectives,
- act as a sounding board to you to overcome challenges you will face