High performance organizations leverage advantages in both financial and non-financial work performance.
Much has been written about High Performance Organizations (HPOs). The high performance organization represents a conceptual and scientifically validated framework today’s leaders can utilize to strengthen their organizations. HPOs consistently perform better on both financial and non-financial business factors, significantly outperforming their competitors on both results and maintenance of results over time.
There is another competitive advantage high performance organizations have over their lower performing peers. They are much more likely to embrace a coaching culture. HPOs that leverage a coaching culture create an agile and resilient workforce with the ability to adapt to contemporary business challenges. Today’s business landscapes move quickly. We must develop leaders and teams that are empowered and capable of adapting to ongoing change.
What is a coaching culture?
A coaching culture has at least five of the following six factors:
- Employees value coaching.
- Senior executives value coaching.
- Managers, leaders and internal coaches receive coach training from accredited coach training organizations.
- Coaching is solidly embedded into the organization, including coaching having its own budget line item.
- Employees have an opportunity to access coaching.
- The organization utilizes all three modalities of coaching including external coaching, internal coaching, and leaders implementing coaching skills to enhance their leadership styles.
Companies with strong coaching cultures are more than twice as likely to be high performing organizations. Developing a coaching culture makes great sense.