Unlock Success: Why Business Leaders Swear by Having a Coach
By: Hebe Lugo
Day by day, we work long hours on our business. We think about new products to increase sales, how to improve service, what investments are necessary, and how to reduce costs. Yet, we rarely think about investing in ourselves—the main engine for generating ideas and achieving results.Often, we have the idea, motivation, ability, and talent to succeed. However, we still fail to reach most of our goals. So, why does this happen?
Why a Coach Makes a Difference
A coach doesn’t participate directly in the game or execute plays on the field. Instead, they guide, instruct, and train the athlete to develop specific skills and reach their goals. Over time, the coach works with the athlete, making adjustments and offering timely reminders to maximize performance. If it’s unthinkable for a top athlete to train without a coach, why should it be different in business? Many people assume that coaching is only for beginners. However, even Kobe Bryant and Michael Jordan—two of the greatest NBA players—had coaches. Likewise, in business, many top executives now invest in coaching to improve performance.
A study published in a prominent journal reported that managers who participated in management training increased productivity by 22.4%. More importantly, a second group that also received coaching after the training achieved an 88% increase in productivity.
Furthermore, another study showed that an executive coaching program delivered a return of $7.90 for every $1.00 invested.
How can a Coach can Support Business Growth:
A coach can support your business growth in many ways, including:
- Enhancing individual performance and effectiveness.
- Helping manage changes in roles and responsibilities.
- Providing a structured framework
- Clarifying goals
In addition, a coach helps you stay accountable and focused. By working closely with you, they can identify blind spots and suggest practical solutions. This allows you to adjust your strategy and improve your decision-making process.
Why Business Leaders Benefit from Coaching:
Business coaching isn’t just about improving individual performance—it also benefits the entire organization.
- They improved Decision-Making
- Increased Accountability
- Greater adaptability
- Stronger Leadership (coaching)
Are You Ready for a Coach?
Reflect on the following questions:
- Are you ready to grow personally and professionally?
- Are you prepared to try new ideas and stop doing what hasn’t worked in the past?
- Are you ready to take action on your company’s vision?
- Are you ready to use your time and money more efficiently?
If you answered «yes» to these questions, it may be time to consider a coach. After all, even the most successful leaders rely on expert guidance to stay competitive.If you are ready to grow, don’t wait any longer. Do what top business leaders do—train, strengthen your skills, and have a coach by your side. At Strategic Minds, we help executive leaders implement winning strategies to reach their goals.
