Articles

Any business requires capital to operate itself. Earlier the term capital was used solely for money invested in the business. However, modern management scholars have demonstrated that for a business to remain profitable and grow, it has to ensure that it develops and multiplies its intangible assets. One such intangible asset of all businesses is human capital. Businesses no longer use the term labor because modern operations do not require muscled workers to do physically exhausting jobs. Rather employers are increasingly hiring people for their abilities to perform complex tasks that require mental abilities.

However, the human capital of a firm needs to be continuously assessed through use of assessment instruments such as three sixty degree feedback, annual performance reviews, behavioral tests, and psychological assessments. If assessments reveal the need to further develop existing managers, it makes sense to hire a business coach for honing the managerial and leadership talent.

Hiring a business coach is not a decision to be taken lightly. The available contenders should be evaluated on three factors. One, references from previous clients who have used the service before should be checked. A coach who has a record of positive references will be more likely to effectively lead your team's efforts.

Next, it is important to verify that the coach's thinking and training techniques is in line with the organization's interests and objectives. After all, every organization has its unique culture and mission. If the coach does not understand the distinctions between the organization and its competitors, then it is unlikely that the coach will be able to effectively employ interventions in furtherance of the organization's interests.

Third, a personal trainer must be a communications expert par excellence so that he or she can connect quickly with the trainees undergoing the coaching program. Senior managers and executives in a company's upper management echelon can afford to lose time due to communication gaps.

Accredited coaches such as Jeannene Tedesco have demonstrated their competence and mastery over the art of professional executive coaching. Coaches like Jeannene Tedesco are able to provide references of several senior executives whom they have coached in the past. In addition, they have worked for many years in this field and developed a personal body of knowledge. Coaches such as Jeannene Tedesco are therefore referred to as subject matter experts in human capital.