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3 Reasons Why You Need to Hire a Business Coach for the Year 2022

No one will deny that the last two years have been tumultuous in the business world. Challenges with the pandemic, chip shortages, supply and demand, cost of material and the lack of workers has caused many businesses to lose profits if not balance on the brink of closing. Many CEOs are scratching their heads and wondering how to pull out of the chaos that these past two years has caused. If you are one of these business leaders, you may want to consider hiring a business coach for this coming year. A professional business coach may be the best investment of your time and money and more specifically a coach that specializes in high performance coaching. A high performance coach will work with you and your company in these three ways:

1. Assessment and Strategy

A business can be found in one of three stages. It is either in Chaos, Stability or High Performance. The high performance business coach will walk you through a series of activities that will assess what stage you are in and work to develop the strategies needed to move forward towards high performance. Organizations in chaos have inconsistent results, they are focused on the short-term, working in crisis mode, have shifting priorities and lack of teamwork. The company that is stable will show consistent performance results, have basic process, structure and systems in place, clarity of goals and direction and consistent priorities. A high performance business shows excellent performance results, growth of new business opportunities, excellent process, structures and systems aligned with strategy, their people are highly empowered and involved and there is great communication among teams.

2. Personal and Business Goal Setting

Leading a business can be very time consuming and stressful. It can have both personal and professional repercussions that are not positive. Your life partner, peers, employees and friends may not always understand what you are dealing with and may even contribute to some of the stress you are under. There may be a lot of noise in your head that needs sorted out and having the ability to discuss with a coach can be beneficial. Having a confidential quiet time weekly to focus on setting priorities and determining realistic goals can be life changing.

3. Accountability

A business coach has the ability to be objective and offer insight into what are your strengths and weaknesses as well as hold you accountable to the steps needed to accomplish established goals. You also have a safe environment to share your emotions and set a clear mind for remaining focused on the path ahead. A business coach may include assignments and activities that will keep you engaged as well as accountable to doing what is necessary to make changes that will benefit yourself and the company.

Make 2022 the year that your business and your personal life get on track for a successful, enjoyable and profitable year. Make the investment that will pay for many years going forward and hire a professional business coach.

Will Your Business Survive 2020?

2020 started with the highest economy and lowest unemployment in years and then it all changed with COVID-19. That is not new news to anyone who has been watching television or following social media. No matter what side of politics you are on there is one thing that all business owners should be asking themselves right now and that is, “Will my business survive this year?” A better question that business owners need to ask themselves is not only will they survive this year but will they THRIVE for many years to come.

Although it may sound clich√©, the truth is that leadership has everything to do whether a business will thrive for many years. Businesses rise and fall due to the people who lead. Successful businesses are led by leaders who take time to reevaluate, assess and strategize. If a leader doesn’t look to see where they have been, where they are now and where they want to go then most likely that business is only going to be around for a short time.

The high performance coaching model helps organizations view themselves as a living system. Leaders can see how the pieces of the organization fit together. They can then make conscious choices about how to improve effectiveness. The high performance coaching model breaks down organization complexity into seven key elements: Results, Environment, Strategy, Core Process, Structure, Systems, and Culture. The elements are viewed as a whole system of interrelated parts which fit together and coordinate for success. High Performance is built into every aspect of the organization by using this model to guide a comprehensive approach to change.

A High Performance Coach is a valuable resource for business owners to use and work through this process. Modlin Business Solutions can provide High Performance Coaching to get you going forward. Give us a call today and learn how we can work with you to become a business that will THRIVE not only through this year but for many years to come!

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