Gaebler Ventures Gaebler Ventures is a business incubator and holding company providing venture capital investment and shared services to early-stage companies. We've invested in some great portfolio companies. Some of the best resources for entrepreneurs -- all based on our real world experiences! Our guiding investment philosophy is to provide exceptional returns for our investors. Check out the latest news from Gaebler Ventures. Learn more about Gaeber Ventures! Get in touch. We'd love to talk with you!   
 
 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Articles for Entrepreneurs

 

Leadership

 

Management Coaching

Management coaching? You're the manager. You don't need a coach, do you? Wrong! Every manager can improve their management skills by tapping into the power of management coaching.

One of the most frustrating aspects of owning a small business is trying to find ways to help your employees realize their potential.
(article continues below)

Some days it's hard enough just trying to achieve your own potential without having to help someone else achieve theirs. If only there was something you could do to help your employees (and yourself) be all that they can be in business . . .

Fortunately, there is something you can do. It's called management coaching and it could be the one thing you need to take your business to the next level.

Although it is relatively new to the business scene, small businesses across the nation are tapping into the advantages of management coaching and reaping the benefits for their companies.

If management coaching sounds like it might be a good idea for your business, there are a few things you need to know from the outset.

What management coaching is.

Management coaching is a one-on-one relationship between a management coach and a business leader or manager who is interested in improving his job-related performance.

The relationship is not an open-ended one. In fact, from its inception the relationship is established to last for a set period of time, usually up to a year. Throughout that time, the manager and the coach meet regularly to discuss goals, strategies, and other practical aspects of management.

Since the relationship is designed to focus on the manager's individual goals, the coach is empowered to force the manager to confront difficult issues related to his specific performance and management style.

What management coaching is not.

Although they share some of the same characteristics, management coaching is not the same as mentoring.

A mentoring relationship is usually established between a subordinate and a supervisor, or at least someone with a higher rank in the organization. However in coaching, the manager is typically not a subordinate and in some cases the coach may not even have experience in the industry. Instead, the coach's role is to offer an outside perspective and to motivate the manager to perform.

Likewise, management coaching is not the same as consulting for the simple reason that consultants tend to provide advice about company-wide systems while coaches focus on individuals within the company.

When do I need a management coach?

Management coaching can be beneficial in a number of small business scenarios. Basically, any situation that requires a manager to adapt to changing responsibilities or navigate a change process is a candidate for coaching.

If your business is experiencing restructuring, taking on inexperienced leaders, or undergoing a significant change in strategy, coaching can offer some obvious benefits.

But there are also some less obvious situations that may also call for a management coach. For example, some businesses find that it is less costly and less disruptive to hire a management coach to work with underperforming managers than to search for replacements.

How do I find a management coach?

Since there are no formal educational or licensing standards required for someone to call themselves a management coach, the burden is on you to make sure the coaches your hire are qualified.

To do this you will need to rely on referrals and diligently check references for each candidate.

Related Articles

Want to learn more about this topic? If so, you will enjoy these articles:

Mission Statements
The Sport of Business


Comment Board

We greatly appreciate any advice you can provide on this topic. Please contribute your insights on this topic so others can benefit.

Be the first to comment on this article.



Write a comment  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.

 

 

Additional Resources for Entrepreneurs

Starting a Business - Business Ideas - Naming and Branding - City Guides

Buying a Business - Writing a Business Plan - Raising Money - Incorporate

Small Business Marketing - Advertising Advice - Public Relations -

Customer Service Tips - Entrepreneurial Selling - Workplace Safety

Startup Leadership - Strategy - Intellectual Property and Entrepreneurs

Articles on Exporting - Human Resources for Entrepreneurs - Workers Comp

Legal Information for Entrepreneurs - Sarbanes-Oxley - Accounting - SBDC

Business Credit Cards - Nonprofit Entrepreneurs - Mission Statements

Tax Tips and Resources for Entrepreneurs - Operating Your Startup Business

Real Estate Decisions for Entrepreneurs - Franchising - Selling a Business

Starting a Home Business - Small Business Technology - Business Travel

Business Finance - Advice for Retailers - Entrepreneurship for Scientists

Administrative Professionals / Office Managers - Family Business Advice

Good Businesses to Start - Start an Energy Business - Start a Hedge Fund

Payroll Service Information - Productivity Tips - Bad Economy Advice

Small Business Websites - Search Engine Optimization - Online Reputation

Search Engine Marketing - Social Marketing Optimization - Business Forms

Business in the Jungle - Business in Fiction - Negotiating - Radio Ad Costs

Newspaper Advertising Rates - City-Specific Resources for Entrepreneurs

Small Business Insurance - Global Entrepreneurship - China & Entrepreneurs

Entrepreneur Features - Employee to Entrepreneur - Small Business Ethics

Acquisition Speculation - Good Business Books - SBA Franchise Loans

Small Business Loans - Studying Entrepreneurship - How Kids Make Money

Social Entrepreneurship - Mergers and Acquisitions -

Veteran Entrepreneurs - Useful Web Sites for Entrepreneurs - Dell Deals

Buy.com Deals - Female Entrepreneurship - Small Business Experts

Entrepreneurial Resources by State - Resources for Young Entrepreneurs

African American Entrepreneurs - Resources for Hispanic Entrepreneurs

Resources for Asian Entrepreneurs - Resources for Women Entrepreneurs

Resources for Gay Entrepreneurs - Businesses for Sale - Office Supplies

Economics - Lists of Small Business Incubators - Lists of Angel Investors

Lists of Venture Capital and Private Equity Firms - Franchise Opportunities

Recommended Products and Services for Entrepreneurs - Contributors

Get FREE Price Quotes from Multiple Vendors - Business Glossary