How Coaching and Mentoring Delivers
Why are coaching and mentoring managerial methods achieving such positive results in the most diverse places? Why are they becoming increasingly the rule and not the exception in work environments in both the private and public sectors? There are some very considerable factors why there is all this fuss about coaching and mentoring.
Technology Gets More Technical Every Day
As previously noted, technological advancement is moving faster than a speeding bullet. This means that vital, in-demand job skills are constantly evolving, too, as a natural byproduct of these fast and furious advances in computer programming and other information technologies. Your technical proficiency today may well be obsolete tomorrow.
And then there's the darkest side yet to this technological evolution. Computers and machines are eliminating many jobs and performing many tasks formerly the sole province of the living and breathing. Yes, it's true.
Mergers and Acquisitions
It seems that almost every minute of every day you hear about one business buying out another, or merging with another, to maximize their profitability. They accomplish this one-two punch by combining both their resources and know-how. Shareholders cheer, but this invariably leads to serious streamlining. That is, elimination of human resources — real people's jobs.
Delegating important job responsibilities is fundamental to good coaching. It's the best evidence there is that you believe in your employees' talents. It also means that you, the coach, are maximizing your resources — your people — while simultaneously maximizing the company's bottom line.
More and more public companies these days have more and more antsy investors needing constant reassurance that they are making the right and proper financial moves. Too often, shareholder pressure results in serious cost cutting. And you know what this means. Layoffs.
Sweetening the bottom line frequently placates apprehensive investors but leaves a lot of men and women on the unemployment line. Coaching and mentoring methods reduce both the likelihood and magnitude of such job loss, as well as cushion the shock of it when it does occur.