Twofer Tuesday: On Leading Leaders & Encouraging Entrepreneurism
??Michael Bungay Stanier
I'm best known for 'The Coaching Habit' ... the best-selling book on coaching this century. ?? Now, Change Signal: finding the good stuff that works in change (pod & newsletter). Also, a Rhodes Scholar.
Have you ever wondered which way is the best way to build the leaders and entrepreneurs of tomorrow? This week’s Twofer looks at two proven approaches to helping employees reach their leadership and entrepreneurial potential.
Employee Engagement: Coach for Success
Good coaching — no, make that GREAT coaching — plays an important role in developing strong leadership. And if you haven’t already taken my word for it, maybe you’ll consider these wise words from HR Dive. Here, it outlines what new research shows about the connection between coaching and professional development.
“When companies invest in the growth of their people leadership skills, employees respond by being more engaged in the organizational goals, leading to higher performance and earnings.”
Read: New Research Reveals Need for Coaching in Professional Development
Entrepreneurism 2.0
If you wanted to groom someone to become a successful entrepreneur, which do you think would be the best approach: business training or psychological training?
According to this Economist article, the psychological approach may well be your best bet. Skills like goal setting and handling feedback and setbacks well prove to be highly useful to entrepreneurs — and aren’t taught in conventional business training, which veers toward accounting, financial management and marketing.
I think this approach can be applied to the workplace also. If you want to promote an entrepreneurial spirit in your organization, give your people the skills to give and receive ongoing feedback and coaching.
Read: Psychology Beats Business Training When It Comes to Entrepreneurship
Psst: Have you joined our Tools for the Time-Crunched Manager LinkedIn group? It’s designed to inspire and help you conquer the day-to-day challenges of your workday.
______________________________________________________________________About Michael Bungay Stanier
Michael is the Senior Partner at Box of Crayons, a company that teaches 10-minute coaching so that busy managers can build stronger teams and get better results. His most recent book, The Coaching Habit, has sold a quarter of a million copies. Michael is a Rhodes Scholar and was recently recognized as the #3 Global Guru in coaching. Visit BoxofCrayons.com for more information.