Content: solo practice, coach profession, group practice, workplace coaching, executive coaching,
corporate coaching, leadership coaching, business
coaching, solo practitioner, solo coach, coaching market, coaching trends, coaching
service providers, large coaching practice, coach profession,
group practice, workplace coaching, boutique coaching practice, solo
coaching practice, coaching best
practice, organizational coaching, solo practice, executive coaching,
corporate coaching, leadership coaching, business
coaching, solo practitioner, solo coaching practice, coaching best
practice, organizational coaching, solo coach, coaching market,
coaching trends, large coaching practice, boutique coaching practice, solo
coaching practice, coaching service providers,
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Certified
Master Coach - Some
Introductory Notes:
Solo
Practice versus Group and Larger Practices
-for the Business /
Executive / Organizational Coach
-The need for better coach training for
Workplace Coaches ©
(includes extracts from new text book 'Behavioral Coaching' by Zeus and
Skiffington -published and copyrighted by McGraw-Hill, New York)
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As
the 'coaching market' matures around the world group practices are rapidly
gaining ground. Recent industry reports also suggest there is a
growing trend for the larger sized providers acquiring the smaller sized
practices.
Most
practices are still single-generalist, followed by multi-specialty
practices based on partnership, contractual, or salaried relationships. Client-user
requirements of complex documentation of processes and demands
for quality assurance of service have progressively eroded solo
practitioners’ actual coaching hours and incomes, inducing them
to choose employment in group practices or larger providers over
entrepreneurship. Despite this general trend, many home-based coaches
still hesitate to join a group practice or expand an
existing partnership due to the lack of empirical evidence of the business
advantage and/or the exceptional coaching results of this model over the solo practice model.
Solo
Practice
-
Suits a person who is:
- self-reliant and self-contained; possesses good
"street-smarts" and common sense; can sell him/herself; has
patience, discipline, perseverance and a high tolerance risk.
-Some Benefits:
- coaches have more independence -you're your own boss
- the service can be tailored to the individual client's need
- the service can be highly responsive
- lower over-heads mean a lower client fee schedule
- able to implement own philosophies
- can be creative and flexible in approach and response
- can outsource or sub-contract out some specialist programs they are
unable to best supply
-Some
Disadvantages:
-
professional seclusion
- the solo coach can become professionally isolated with no supervision or
quality control mechanism
- higher workload -can get caught up in administrative details
- the single coach approach may not be the right match for all
clients
- can be slow and tough building up a sizable client base and income
- the client may prefer clearly defined professional boundaries in
the separation of the consulting, project management and assessment
roles to that of coaching
Boutiques
(medium sized group providers) and Larger Practices
eg: medium to large size management consultant firms (providing speciality
industry advising, management consultation and
leadership/executive development/coaching services) and executive
recruitment firms (providing executive/management recruitment, management
assessment and executive coaching services).
-Some Benefits:
- Have many structured advantages
- able to avoid the downsides of solo providers
- be part of a sustaining coaching culture
- able to better present a professional identity/brand to client
- able to provide a larger business footprint through regional
associates
- clients may feel more at ease in providing staff and company
reports
- client may perceive team size is relative to responsiveness
- the team culture may be very rewarding and stimulating and can
feed through beneficially to the client
- a close knit team of practising professionals (with a range of
specialist know-how and industry experience) who possess a
standardized
approach, language and toolkit can provide powerful insights
and close working relationships..
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-Some
Disadvantages:
- a client may feel uneasy about how many eyes sight sessions notes and
company reports
- the team's culture may promote group-think and a limited variety of
approaches
- the group's head may dominate and promote a guru mentality and control
over the team
- a close knit team may inhibit diversity and cause new members to
excessively conform or feel excluded causing high member turnover, low
performance and morale.
In
Summary: -Group versus solo practice performance.
Recent
research in the US shows that the group practice model for
specialist service providers produces superior outcomes in terms of
productivity, efficiency, malpractice risk, and provider
incomes. From a
professional and service perspective, coaches in group practices
are better positioned to offer a range of services, share
fixed costs, exchange professional opinions, and have better quality
of life due to shared responsibilities, local marketing
power, and better access to business capital. However,
very little research exists on the quality of service in group
versus solo practices. It should be noted
though that high quality service, both technical and
functional, is integral to achieving positive outcomes and an essential
strategy for survival in the increasingly competitive professional
people development marketplace.
The Certified Master Coach
Course -elite
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Many
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More >....
©
Behavioral Coaching Institute
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Content: solo practice, organizational coaching, solo practice, executive coaching,
corporate coaching, leadership coaching, business
coaching, solo practitioner, solo coaching practice, coaching best
practice, organizational coaching, solo coach, coaching market,
coaching market, coaching trends, large coaching practice, coach profession,
group practice, coaching service providers, workplace coaching, boutique coaching practice, solo
coaching practice, coaching best
practice, coaching trends, large coaching practice, boutique coaching
practice, solo coaching practice, coach profession, group practice, workplace coaching, executive coaching,
corporate coaching, leadership coaching, business
coaching, solo practitioner, solo coach, coaching service providers,
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