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Week 4 Dr. Sheila Boysen- Rotelli. Building a Coaching Practice LL548. Setting the Foundation. 1. MEETING ETHICAL GUIDELINES AND PROFESSIONAL STANDARDS 2. ESTABLISHING THE COACHING AGREEMENT. Co-Creating the Relationship. 3. ESTABLISHING TRUST AND INTIMACY WITH THE CLIENT - PowerPoint PPT Presentation
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BUILDING A COACHING PRACTICE
LL548
Week 4
Dr. Sheila Boysen-Rotelli
Setting the Foundation
1. MEETING ETHICAL GUIDELINES AND PROFESSIONAL STANDARDS
2. ESTABLISHING THE COACHING AGREEMENT
Co-Creating the Relationship
3. ESTABLISHING TRUST AND INTIMACY WITH THE CLIENT
4. COACHING PRESENCE
Communicating Effectively
5. ACTIVE LISTENING
6. POWERFUL QUESTIONING
7. DIRECT COMMUNICATION
Facilitating Learning and Results
8. CREATING AWARENESS
9. DESIGNING ACTIONS
10. PLANNING AND GOAL SETTING
11. MANAGING PROGRESS AND ACCOUNTABILITY
Quick poll… How focused is your marketing?
A. I have an alliance partner(s)
B. I am exploring an alliance with a potential partner
C. I have my eyes and ears open for a good alliance.
D. Later!
Alliance Marketing Define partner requirements. Know where to look. Determine a strong EOV (Exchange of
Value) Analyze and evaluate your prime potential
partner.
Define Partner Requirements
Know your reasons What can you offer? What do you want from an alliance partner? What are non-negotiables?
Know Where To Look Examples of alliances from your PINS
ProfessionIndustryNicheSpecialty
Determine a strong EOV: Exchange of Value
Check for a 1 + 1 = 5 idea!Increase exposure/sales?Produce mutual benefit?Proportional benefits?Low- to no-risk?Leveragable and scalable?A big enough game?
Analyze and Evaluate Your Prime Potential Partner
Talk to past partners Check with professional organizations Surf their website Subscribe to their publications Talk to customers Compatibility check
Discussion
1. List your marketing and visibility assets
2. Consider (and briefly describe) a specific actual or possible alliance
Quick poll…How would you describe your first alliance
(current or planned)?
A. 1 to 1 – with one other coach
B. With a group of coaches
C. With an industry or professional organization or publication
D. Something different!
Please respond with the letter of your choice.
Establish and MaximizeYour Alliances
Define mutual objectives and responsibilities. What kind of agreement is necessary? How to be a good alliance partner. The importance of thoroughness and specificity
--no surprises! Create an exit strategy--ahead of time.
Define Mutual Objectives and Responsibilities
Understand how to build trust in a virtual alliance (page 107).
Be clear on proportional benefits. Be specific about what each party will bring to
the alliance. Establish clear roles, responsibilities, success
factors and timing. Create a pilot project.
What Kind of Agreement is Necessary?
Expected duration Type of investments on both sides Deliverables, including intellectual property Potential revenues Level of risk Speed and simplicity
Complexity/formality of the agreement depends on…
How To Be a Good Alliance Partner
Uphold your end of the EOV. Adhere to all deadlines. Stay flexible when adjustment is necessary. Discuss progress and success factors—frequently. Avoid surprises.
Thoroughness and Specificity
Anticipate possible future events.Stay connected to your markets.Keep thorough records.Use precise language.Ask a lot of questionsRespond quickly to e-mails and phone
messages.
The importance of thoroughness and specificity--no surprises!
Create an Exit Strategy Create an exit strategy--ahead of time, in your
agreement. Be clear on measurements of success—and
time frames. Watch for clues. Trust your intuition. If it’s not working, act quickly. Keep it light.
DiscussionWrite a succinct paragraph about the most important point you have learned about alliances, how it will apply to your professional future, and what actions you will take relating to this insight.