According to the Queensland Government, coaching and mentoring empower entrepreneurs to reach goals by asking questions and providing feedback instead of telling them what to do. Coaching and mentoring are great for helping staff to learn new skills or enhance current skills while increasing their confidence. Both coaching and mentoring are highly effective learning techniques that can be formal or informal.
“There are many benefits of investing time and monetary funds in employee development. These include utilizing an employee’s skills and abilities to the fullest, avoiding time- and money-consuming recruitment processes, and ensuring that valuable knowledge stays within your company,” says Shane Perry of Max Funding—one of Australia’s leading small business funding firms facilitators.
Coaching and mentoring are advantageous to a company in addition to helping individuals grow personally. For both professionals and aspiring entrepreneurs, coaching and mentoring are two of the personal development methods that are expanding the fastest.
Along those lines, these are some ways a business coach or mentor can help your startup or improve your business.
1. Recognizing One’s Strengths And Weaknesses
A business coach or mentor can help you identify your strengths and limitations. They’ll give you suggestions on how to play to your strengths and match them up with the company’s objectives. Your coach will work with you to reduce or eliminate your weaknesses.
2. Solving Problems
A person can identify and resolve internal challenges with a qualified business coach or mentor. Working alone causes you to develop prejudices that impair your capacity to recognize problems. Your perspective will be altered by a business coach, enabling you to see the issues and, subsequently, take action to fix them.
3. Establishing Responsibility
Mentors and business coaches must place a strong emphasis on accountability. They are there to assist you in establishing company goals and reminding the significance of achieving them. They will provide you with comments, inspire you, and track your development to identify any obstacles and assist you in resolving any errors.
4. Creating Plans For Action
The majority of business owners are unable to formulate objectives. A business coach looks for your personal and professional purposes and uses them to set a goal that will benefit the company. The business coach schedules regular meetings based on prior agreements to keep you on track.
Improve Your Skills Through Coaching And Mentoring With Naif Productions
In the business world, coaching and mentoring are learning methods that can help to empower the corporation. The coached and mentored business entities frequently profit the most, but the coach or mentor can also gain from the interaction and may feel more empowered.
Contact us at coaching@naifproductions.com for more information about Naif Productions—one of New York City’s top event & wedding planners.
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This article was written by Eliza Kennedy.
WE’D LOVE FOR YOU TO SHARE THIS IN YOUR NEWSLETTER OR WEBSITE BUT PLEASE INCLUDE THE FOLLOWING COMPLETE INFORMATION: Event Producer Strategist, Entrepreneur, Speaker, and Coach, Annette Naif, CEO & Creative Director of Naif Productions
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About Naif Productions:
Naif Productions is a strategic event planning, design and production firm specializing in corporate, live coaching sales events, social, non-profit, and weddings. Based in New York City, we produce events worldwide from Fortune 500 clients and coaches to families and charities. Naif Productions specializes in helping clients attain their goals, realize return on investment, and achieve the most unique, creative experiences.
About Annette Naif:
Since 1986 Annette Naif has been designing and producing custom events, helping clients create their unique style that translates into a memorable and profitable experience. Annette spent 17 years producing events in the motion picture industry where she helped coordinate numerous productions for film and episodic television programs. Since then Annette’s been running her own event production company, coaching other event planners, teaching an event operations and production course at NYU, and now is the CEO & Creative Director of Naif Productions.