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Archive for the ‘Business Growth’ Category

Business Coach vs. Business Consultant

kathy | 7-Jul-2009

I was at a networking function recently and the usual question came up, “What do you do?” I said I was a business coach and asked my new friend, “What’s your perception of the difference between a business coach and a consultant?” I’ve taken to asking this question often these days and am surprised by the lack of understanding around business coaching.  Here’s my take on that question.

A business consultant is generally called into a company when it’s in a state of limbo. The company recognizes that they need outside help to move their situation forward. They bring in an outside consultant who has been choosen for their area of expertise and knowledge. The expectation is that the consultant will observe and analyse the situation then provide a solution that’ll move the company forward. The solution is presented in the form of recommendations that the company can choose to implement, ignore or shelve.  If the consultant was a doctor, we’d recognize the process as one where the patient is examined, a diagnosis is made, and a prescription is written.

A business coach is also called into a company to help it move forward. So the starting point can be very much the same as for the consultant. The primary difference between coaching and consulting is philosophical. The belief in coaching is that the client or company is naturally creative, resourceful and whole - even though they may be at a juncture where they’re stuck.  They have the solution - it’s up to the business coach to pull it out of them as opposed to prescribing the solution.  While consultants observe, analyse and recommend, business coaches facilitate the client’s analysis of the situation to deepen their learning and drive them to action. The hope with business coaching is that the learning leads to behavioural changes that ultimately have a sustainable positive effect. Hey business coaches out there - do you agree?

A Business Coach - Your Most Inexpensive Biz Partner

kathy | 19-Jun-2009

One of the first steps I took when I decided to become a business coach was to hire a coach for me. His name is Samy and I’ve been working with him for about three years. In my start up days, just like most businesses, my cash flow was limited.Paying for a business coach seemed like an extravagance. I remember one of the things that Samy said in those early days that’s stuck with me. He said that, “ having a business coach is one of the most inexpensive business partners you’ll ever have”. In addition, business coaches don’t have a vested interest in  your business like real partners. Their only interest is in your well being and the well being of your company. Plus, you don’t have to share the profits with your biz coach. And last but DEFINITELY not least…when your relationship with your business coach needs to take a pause or feels complete, there are no legal strings attached. So next time you hear someone questioning the cost of a coach, think about what Samy said.