Professional coaches come in a wide range of niches. There are small business and corporate coaching, career coaching, personal coaching, and executive coaching among others. But when should you opt for a business coach instead of an executive coach? Is there any difference between the two?
Generally, in the very nature of the two specialties, executive and business coaches do share a few similarities. Both specialties have one goal in mind: assisting their clients improve their business and solve a wide range of business-related issues that their clients might be encountering. In the end, both help their clients boost their business bottom lines.
Differences
1. Business coach
Business coaches focus on business related coaching. In other words, they work with clients on a wide range of business goals, some of which include improving the organization, boosting the overall performance of a business, and identifying a business’ marketing needs among others. They are trained to help their clients solve issues around a variety of business areas.
A business coach can work on the following:
• Marketing and promotion
• Strategic planning
• Financial planning
• Work or life balance
• Improving business skills and knowledge
• Helping you start and grow your small business
• Encouraging and motivating you
• Helping you build business contacts and improving your networking ability.
All of the above tasks are focused on business performance and include feedback as well as assessments.
2. Executive coach
Executive coaches are often hired by organizations to work with their managing directors, vice presidents, and senior leaders within the organization. In most cases, executive coaching focuses on personal development rather than business results. Most executive coaches in Sydney, therefore, focus on improving communication skills, enhancing motivational techniques, and facilitation of better teamwork skills.
Put simply, executive coaching focus on personal development, improved interpersonal relationships, and executive skills—changes that are believed to lead to better business performance and improved business bottom line.
So, you should opt for executive coaching Sydney when:
• You want to develop leadership skills in your organization
• You are looking for ways to improve your management abilities
• Your want to improve your team’s communication skills
• You want to build successful teams
• You want to improve on your staff’s motivation and inspiration techniques
• You want to facilitate transitions of new projects
Bottom-line
If you are a small business owner or a leader of multinational company and want to know the type of coach who is best suited for your business or company’s current needs, just ask yourself whether you (or your employees) require a business strategy or personal development. This should ultimately inform your decision.
