Updated: Mar 22, 2022
Every company is looking to gain any type of advantage it can in order to remain competitive and thrive in today’s increasingly complex global corporate environment. Given this, most organizations now understand the value of offering corporate training and employee development to help ensure that their employees have the skills and knowledge they need to effectively perform their jobs. But many companies are taking training to the next level by incorporating newer, more personalized strategies for developing executives and their teams.
Corporate Coaching is an approach to training that can supplement and strengthen your foundational employee development program. In Corporate coaching, a skilled and experienced person (the Coach) provides an employee with guidance and instruction designed to enhance the knowledge and develop the skills of an individual. This coaching arrangement is typically offered for a specific length of time to enhance the value of the employee as it pertains to the specific goals of the organization.
Corporate Coaching Use Cases
Corporate Coaching can drive and enhance the performance or the organization at the leadership and team levels. Effective coaching typically focuses on creating new insights, setting alignment, and facilitating change at the top.
Some of the most common applications for Corporate Coaching include:
Executive and Management Development
Corporate Coaching at the executive level is designed to help organizational leaders perform at the highest possible level, while minimizing disruptive or ineffective behaviors. This type of coaching can also be a valuable tool for developing potential future executives as part of the company’s expansion or succession strategies.
At the management level, Corporate Coaching can help identify any gaps in skills in each of your current managers and help them develop the knowledge and tools they need to manage their teams more effectively.
Human Resources Staff Development
Coaching can be a valuable developmental style for Human Resources professionals as it can help ensure their approach and messaging are in line with the goals of the organization. Corporate Coaching for HR can assist each team member in implementing HR programs and enhancing employee engagement, driving new initiatives, and overall strategic planning.
Diversity and Inclusion
Diversity and Inclusion initiatives have become critical components in supporting a desirable corporate culture. Coaching programs can enable company leaders to prepare for cultural changes through mergers or acquisitions by helping them understand the various values, viewpoints, and expectations of different cultures.
Learning Management Systems for Corporate Coaching
A Learning management system (LMS) is the core technology used to develop, deliver, manage, and monitor corporate eLearning programs. While the primary goal of an LMS is typically to support on-demand learning and training, some LMSs now include tools to support Corporate Coaching.
LMS Portals for Corporate Coaching
LMS Portals is a SaaS-based, multi-tenant LMS that allows an administrator to launch and manage a dedicated training environment (portal) for each of your audiences. Each portal you launch includes a powerful course development engine, along with robust tools for user onboarding, learning path creation, group management, certificate awarding, analytics, and more.
LMS Portals uniquely supports Corporate Coaching with two important tools:
The LMS Portals Assignment Engine allows a coach to issue tasks that support personalized learning and training. For Corporate Coaching, an assignment could call for a text-based response to a question or business scenario. In addition to text-based replies, the employee can upload documents, videos or other types of attachments for review by the coach.
Live Remote Training
LMS Portals offer a Live Remote Training module through Zoom integration. This allows for real-time group or one-to-one training sessions as an integral part of Corporate Coaching programs.
Ready-Made Corporate Training Content
In addition to Corporate Coaching technologies, LMS Portals offers a library of 140+ ready-made, customizable courses, covering most every aspect of corporate training and employee development. These courses offer on-demand content to serve as the foundation of various coaching programs.