Business coaching is the practice of providing support and occasional advice to an individual or group in order to help them recognize ways in which they can improve the effectiveness of their business. Business coaches work to improve leadership, employee accountability, teamwork, sales, communication, goal setting, strategic planning and more. It can be provided in a number of ways, including one-on-one tuition, group coaching sessions and large scale seminars. Business coaches are often called in when a business is perceived to be performing badly, however many businesses recognize the benefits of business coaching even when the organization is successful. Business coaches often specialize in different practice areas such as Executive Coaching, Corporate Coaching, and Leadership Coaching.
At least two organizations, the International Coaching Council (ICC) and the Worldwide Association of Business Coaches (WABC) provide a membership-based association for professionals involved in business coaching. The ICC and WABC also provide an accrediting system for business coach training programs. The ICC has currently over 1,500 members from over 50 countries. Business Coaches can also gain creditability by joining a franchise or firm.
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This definition is part of a series that covers the topic of Business Coach and Business Coaching. The Official Guide to Business Coach and Business Coaching is Rhonda Hess. Rhonda Hess is Founder of Prosperous Coach™, a membership community to take your coaching business from startup to prosperity. Her mission is to help coaches discover the thrill of charging what they’re worth and making it big in coaching on their own terms. Rhonda holds certifications with Coach Inc, International Coach Federation and Coach Training Alliance. For more information about The Coach's Power Path and Rhonda's other resources for professional coaches visit www.prosperouscoach.com.