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Any business requires capital to operate itself. Earlier the term capital was used solely for money invested in the business. However, modern management scholars have demonstrated that for a business to remain profitable and grow, it has to ensure that it develops and multiplies its intangible assets. One such intangible asset of all businesses is human capital. Businesses no longer use the term labor because modern operations do not require muscled workers to do physically exhausting jobs. Rather employers are increasingly hiring people for their abilities to perform complex tasks that require mental abilities.
However, the human capital of a firm needs to be continuously assessed through use of assessment instruments such as three sixty degree feedback, annual performance reviews, behavioral tests, and psychological assessments. If assessments reveal the need to further develop existing managers, it makes sense to hire a business coach for honing the managerial and leadership talent.
When it’s time to hire a business coach, the organization has to assess every contender according to three parameters. First, check references from prior organizations which have used that coach’s services in the past. Positive references will confirm the coach’s ability to lead efforts in personal development.
Secondly, it’s important to revise the actual alignment of the coach’s way of thought, in regards to the organization mode. Every business has it’s own style of leadership. Unless the coach can distinguish their own business’ brand in comparison to the competition, they won’t be able to plan growth situations through coaching.
Finally, the prospective coach or trainer must demonstrate top notch communication skills. Senior administrative staff and executives are typically very busy and do not have time to waste. Therefore, it is critical for the coach to communicate effectively, efficiently, and develop mechanisms for feedback regarding the program.
Accredited coaches such as Jeannene Tedesco have demonstrated their competence and mastery over the art of professional executive coaching. Coaches like Jeannene Tedesco are able to provide references of several senior executives whom they have coached in the past. In addition, they have worked for many years in this field and developed a personal body of knowledge. Coaches such as Jeannene Tedesco are therefore referred to as subject matter experts in human capital.
In today’s world human capital has become an important aspect to run business well. All firms need to evaluate their human resources. Help of business coach is needed to groom and train employees. While hiring them a check of their references should be done. Company should ensure that the coach’s mindset is in line with the organization’s expectation. Communications skills of the coach should be perfect to ensure smooth working of the company. Jeannene Tedesco is one such expert in the field of human capital who has past references and many years of experience in the field of professional coaching of executives
- Rex Freiberger
