Coaching For Success

Coaching is perhaps the most effective method of increasing performance available to managers, team leaders, and colleagues.

If you wish to improve the skills of your employees, you must plan to observe them and provide them with feedback.  If you’re like most supervisors or managers, you have limited time and are looking for employees to become proficient – and independent – faster.
Entelechy’s Coaching Model is designed to help you do just that!
The Coaching Model is appropriate for developing the skills of employees if the employee is willing to improve.  Coaching should not be used as a softer, gentler version of corrective action; if a performance problem occurs, you will want to use the Problem Solving model.

The Coaching Model is based on several important principles of Financial Wellness :
1. There are two primary goals to coaching:
• To improve performance.
• To help employees gain the ability to self-assess.
2. It is important that the coaching sessions follow a predictable process.  This will help the coachees feel more comfortable and relaxed, which will help to ensure they actively participate in these sessions.  It is for this reason that we suggest that you share the coaching model with your employees prior to coaching.3. Coaching is a planned development process and should not be a surprise.
4. The way you open the conversation sets the tone for what will follow.
5. After we open the conversation using our initial probe, we discuss positives first and areas for improvement last.  Beginning with positives first is motivational and accomplishes the following:
• The goal is to have employees increase their performance.  If they are not in a positive frame of mind, they will not be open to this change.
• Reinforces good behavior and ease into the coaching session.
• Builds self-esteem.
6. Ending the coaching session with a discussion of areas for development ensures that they are focusing on those areas Financial Wellness .
7. Always give the coachee a chance to self-assess before you offer your insights.  Encouraging self-assessment is positive for several reasons:
• It encourages improvement even when you are not coaching.
• It allows you to determine why the employee may not be performing as desired; they may not know that they’re doing something incorrectly.
• It builds self-esteem.
• It increases the chances that behavior will change.
8. Reinforce correct self-assessment.
9. Defer or redirect inappropriate or incorrect self-assessment.
10. We focus coaching on only two strengths and two areas for development.  Limiting the discussion is important and accomplishes the following:
• Increases the coachee’s ability to reach proficiency.
• Focuses on the most important issues.
• Other issues can be addressed after some progress has been made on the most important issues first.
11. If an employee is not identifying areas that you identified (or has identified them incorrectly), use increasingly specific questions to allow the employee to self-assess if possible.  This allows you to determine if the employee doesn’t know what’s expected, doesn’t have the skill, or simply chooses not to demonstrate the skill.

The Coaching Model at Work
Now let’s turn our attention to Entelechy’s Coaching Model in practice.

Step 1: Open the Conversation
The coach opens the conversation with a general question; this helps the coach get a sense for the accuracy of the coachee’s self-assessment.  If the coachee responds with, “that was the best call ever” and you thought that the call was poor, you know that you’ll have to adjust your coaching conversation.

Step 2: Probe for What Went Well
The coach asks the coachee what went particularly well and listens for the responses.  By identifying what went well first, a positive tone for the coaching session is set.  We want to make sure that the coachee continues doing these things.  This also forces the coachee — NOT THE COACH — to identify superior performance.

Step 2a: Redirect or Defer
Sometimes the coachee will bring up a negative when you’re discussing positives.  You will want to defer that discussion until later in the coaching conversation by saying, “I’d like to talk about that more later.  What else went particularly well?”
Other times, the coachee will claim something as a positive that — in your opinion — was an area that needs development.  You will want to redirect their perception by pointing out what you saw that helped you conclude that it was less than desirable.  “Oh, really?  Did you happen to see John’s face when you discussed the product’s features?  That’s right, he seemed to lose interest when you started talking about us rather than about him….”

Step 2b: Support and Build
When the coachee correctly assesses his performance — both strengths and areas for development — support the assessment by saying, “I agree.”  Build from their conclusions to reinforce the accuracy of their self-assessment.  In this way, you are reinforcing one of the most valuable skills anyone can acquire: the ability to assess and improve their own performance.

Step 3: Probe for Areas for Development
The third step is to ask the coachee what he would change if he could do it again.  Obviously, if the coachee knows what could be improved and knows how to improve it, he won’t benefit from YOU telling him!  And by mentally rehearsing what he will do differently, the likelihood of him actually carrying out the improvement is increased.

Most experts agree that two or three areas for development are enough for anyone to work on.  Working on a laundry list of things to change is frustrating and futile.  Focus on the areas of greatest need.
When identifying areas for development, the coachee may not have identified the one that you thought was most important.  Again, you can redirect their perception by identifying what you saw that they might not have that allowed you to come to your conclusion.  “I agree that the two areas that you identified would definitely had made the call go better.  What do you think the effect of your product feature presentation was on the customer?  Why?  What might you do differently the next time…?”

Step 4: Summarize and Support
Even though you may have limited the coaching to a few strengths and a couple areas for development, you will want to briefly summarize the discussion, especially what the coachee will do differently the next time.  This recap will cause the most important things to remain fresh in memory.  You will also want to support the changes by saying something like, “I think those changes will make your next call go even better.”

Follow these four steps to help your employees and colleagues increase their performance.  In the next issue we discuss how to give feedback within the coaching framework.
(This information comes from Coaching for Performance, a module in Entelechy’s High Performance Management program.  Check out this module as well as our 40 other modules, training tools, and eGuides at www.financialwellnessmindset.org.)

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Managed Services ExamplesManaged Services Examples

You may want to look into a Managed Service Provider if your business has many IT needs. MSPs offer a range of IT solutions, from monitoring and maintenance services to advanced data analytics and security.

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Also, they take the guesswork and confusion out of IT by providing a list of deliverables. It ensures that your technology runs smoothly whether you are at work or on vacation.

Software as a Service (SaaS)

Software as a service (SaaS) is a popular model for hosting applications. The service can be accessed remotely by customers and is typically delivered via a cloud.

SaaS includes applications such as email, calendars, file sharing and human resources. These models are a good option for companies that don`t have the budget to maintain their IT infrastructure or who do not want to.

SaaS applications allow companies to use their software from any device that has an Internet connection. It is convenient and affordable to use.

SaaS is frequently used with other technologies such as mobile devices. This can improve security and reduce the need for users to physically install the software on their computers.

Wireless and Mobile Computing

Wireless and mobile computing is a form of computer technology that involves the transmission of data without using wires. This technology can be found in smartphones, tablets, laptops, and wearable computers.

A managed service provider (MSP) is often the one to provide this type of service. The MSP will install a network in a company.

These networks will use Wi-Fi technologies, satellite and cellular technology. They are a great way for businesses to stay connected and communicate with each other.

Managed wireless and mobile computing also helps to reduce the costs of maintaining a company`s network. This is particularly helpful for companies who don`t have budgets to install their infrastructure.

This service also helps emergency services like police and ambulances to communicate. They can easily communicate in emergency situations, such as earthquakes and floods.

Data Backup and Recover

Backup and recovery of data is an essential part of the continuity plan for any business. It helps you recover lost or stolen data in the event of a cyberattack or natural disaster.

A managed service provider (MSP) can help create a backup schedule and manage the storage of data. They can also implement a backup solution that meets your organization`s specific needs and security requirements.

One of the most important aspects of data backup and recovery is ensuring that you have multiple copies of your data on different media types. These include two locally stored copies on internal and external hard drives, as well as a single copy offsite. This prevents loss of data due to corrupted or damaged media and eliminates a single point of failure.

Security

Security is the process of protecting people, places or things from harm or unwanted coercion. It includes safeguarding data and assets, preventing crime and disaster, and providing peace of mind to employees, clients or guests.

It`s a critical element to any organization, and managed services help businesses stay protected against cyber threats. They include ransomware and malware as well as phishing, which can have a negative impact on business continuity or reputation.

A MSSP provides a variety of cybersecurity services including network monitoring and security consulting, as well as on-site assessments. These provide a cost-effective way to improve an organization`s IT security posture and reduce risk.

Managed security services protect against other threats and data breaches. This includes installing anti-malware software and keeping it updated, patching the network and ensuring that all applications are compatible with one another.

In addition, these security services offer 24/7 monitoring of networks to detect any malicious activity that may have been introduced by users or other third parties. This ensures that the IT department can take action to prevent an incident from occurring.


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