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Every now and again along comes something that seems to make excellent business sense.
What is odd in this case is it has come from government. After years of business links, subsidised consultancy programmes, regional development grants, Train to Gain and so on, we now have Growth Accelerator.
Ambitious companies with under 250 staff can hire business coaching at a fraction of market price, attend free masterclasses on say finance or sales and benefit from subsidised leadership and management training.
Coaching can often be seen as a luxury, offered by individuals reinventing themselves, often under a franchise structure. But this feels like the right long term answer to developing skills.
As a cricket coach developing juniors for 10 years, as well as wide business experience, I recognise at the core of coaching is knowledge transfer – or teaching. In sport, the aim is to improve performance and help people understand how they can continue to do so.
So I've signed up as a business coach, building on my 20 years of experience helping senior staff develop new skills. This scheme stands a better chance because it unlocks or improve skills within a business rather than reliance on a passing consultant.
It's important Growth Accelerator uses people who know how to coach, with experience of board level decision making. Colleagues have asked how it differs from consulting. With a passing nod to the old Chinese proverb "give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime," here goes:
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