realisedevelopment.net

Just another WordPress site

Portfolios and Metrics for Enterprise Coaching

January 20, 2010 by admin

  • What sort of numbers is it realistic to expect a full-time enterprise coach to deliver?
  • What does a healthy coach portfolio look like?
  • If I employ 5 coaches to work in  city of 750 000, what sort of results should I expect?

Well here are my thoughts….

The basic unit of coaching is the 121.  Each 121 will usually take between 45 minutes to an hour.  Of course they can take longer – but this is rarely productive.

121s are intense, often emotional and usually challenging.  If they are aren’t, you are not doing it right!  This means that a coach can do on average 3 x 121s in a day.  This should mean that they can deliver well in excess of 600 personal coaching sessions in a year – 650+ is not beyond the realms of possibility.  Of course geography matters – if clients are scattered across Northumberland you will spend more time travelling than if you coach in an urban centre.

I would expect to see a coach working with about 200 unique clients in the course of a year.  Yes, three or so new clients coming onto the portfolio each week!  I would expect to see each coach working with a catchment area of between 15 and 50 000 residents depending on population density and other demographics.

The one hit wonders

A proportion of clients will come once and may not return for months or years, if ever.  We may have helped them enormously.  We may not have helped them at all.   We may never know – although if you are visible and accessible enough and they stay in the area you should be able to get some feedback.  I have known clients who were clear on what they wanted to do after just one session and went and did it.  In fact one client called me after 3 years and said that he had started his business and now wanted to expand – would I like to have a chat!  Others just don’t come back when they recognise that:

  1. I am not in the business of giving them money or pulling magic rabbits out of hats
  2. They will have to do some work on this – it is not an easy option

The percentage that fall into this category can vary widely usually depending on the kind of marketing used to promote the service.  If the marketing says ‘We can make your dreams come true’, ‘Funding available’, ‘Lunch provided’ or some combination of the above then the number of one hit wonders will be high.  Where marketing is through word of mouth, real clients telling others about what the service is really like and what it has helped them to achieve then they should be much lower.  Effective word of mouth depends on your service being quite literally ‘remarkable’ and you being prepared to actively ask clients for introductions and referrals.  If they are not happy to give you these it is likely that your service is just not good enough.

If the number of one hit wonders creeps much above 25% I would be wondering about whether we had problems with our marketing and reputation – or whether the coach was just not able to connect with the client group.

The Ideal Clients

In some ways the ideal clients are the one hit wonders who just go and do it, start a business, and return years later to look at business expansion.  But these are rare, and often can’t be counted for funding purposes!  The real ideal client engages with us, takes seriously the notion of doing work between meetings and returns for subsequent visits to make further progress.  We can build a strong relationship with them and provide much more support to them in developing their ideas and skills.  We can also start to see a story emerge about our own effectiveness.  We can record the progress the client has made and provide high quality quantitative and qualitative information on our effectiveness to funders.  Such ideal clients will typically require between 3 and 6 121 sessions over the course of anything from several weeks to 6 months or more.  I would hope to see good coaches with some 50%, or 110 plus clients each year.  Of these I would be expecting around 15- 20 clients to actually go ahead and start their business from anything within 4 months of the first 121 up to a few years after the first meeting.  There is much to be said for slow enterprise.  I would certainly expect a good, established coach, working in an effective system, to support anywhere between 15 and 20 or so starts each year.

I would expect upwards of 80% of these new starts to be trading 3 years later.  Survival rates should always be very carefully tracked, and serious consideration given by both the coach and the service as a whole as to how they can be maintained and improved.   Helping clients to start businesses that they have not got either the commitment or skills to manage effectively  or for which there is not a sufficient market to sustain will only help to set back the reputation of the service and the enterprise culture of the community.  However attractive it might be to get another start-up box ticked we should be doing all can to slow our clients down until they really have the very best chance of long term survival.  A much smaller number of really strong startups is worth much more to the long term enterprise culture of the community than a rash of sickly ones.  I only wish funding regimes would recognise this.

Anything significantly less than this would set my alarm bells ringing that all is not right.  The problem might be with the coach, with the enterprise coaching system (including marketing and administration), or with the enterprise culture in the community.  The coach cannot do this on their own.  There needs to be a substantial network of pro-enterprise individuals who can provide additional support and provide an effective counter the negative messages about enterprise that often pervade communities.

While the other 85 perhaps don’t start a business I would expect each of them to have been significantly assisted by the coaching process to clarify goals and learn how to be much more enterprising in their pursuit.  These outcomes are valuable and should be recorded and wherever possible paid for (or at least reported to) by the appropriate funder.

The Demanding Clients

So this leaves us with perhaps 25% of our clients, 40 or so in the course of nay one year, who are really demanding.  They need more than half a dozen 121 sessions.  Perhaps they are starting from a long way back and need many 121s over a period of years before they start to make substantial changes – or decide to stick with the status quo.  They may need referring to specialist service providers before our coaches can do much more with them.  Perhaps they just like to spend time with coaches, fooling themselves and others that they are really working for a better future.  Demanding clients may just need a higher level of support – live with it – or they may be a sign that actually a coach is promoting dependence, happy to keep working with clients who won’t make progress because they can just count the sessions.

The actual dynamics of a coach’s portfolio will vary depending on the geography, psychology and enterprise culture of the community they serve as well as their own experience and longevity on the patch.  It may take a couple of years to achieve a stable portfolio of the type I have outlined here.

It will also depend on the type of marketing support they receive.  Often well intentioned marketing activities can produce floods of clients that need to be seen, but who turn out to be one hit wonders of the worst kind.  I am a big advocate of expecting enterprise coaches to develop their own referrals through word of mouth from existing clients, perhaps augmented with a little bit bit of judicious PR.  Expensive advertising campaigns may attract punters to one off events and workshops but are much less effective at actually finding people who really want to work effectively and intensively with enterprise coaches.

The Role of the Manager in Supporting Enterprise Coaches

Call me a traditionalist but I think that the manager has a key role in both supporting the coach to develop an effective portfolio.  Each coach should be seen ideally every week, certainly fortnightly to review the portfolio and the progress that is being made by specific clients.  Ratios of one hit wonders to ideal clients to demanding clients should be tracked for clues about the performance of the coach and the system that they are operating in.  Where specific clients are providing cause for concern (insufficient progress is being made, specialist services are requires that are beyond the boundaries of the coaching service, client behaviours are causing concern for example) explicit strategies should be developed for managing them effectively.  At least three or four times a year the manager should observe the coach at work, accompanying them on 121s and providing them with feedback and coaching support.

Closing Remarks

Getting an enterprise coaching service to work really well takes years rather than months.  Coaches have to become known, trusted and skilled.  Marketing strategies have to be honed.  The numbers I have mentioned here are achievable but not in all situations and never instantly.  They have to be built towards with intelligence, insight and dedication.  Sadly, funding regimes often encourage us to take the expensive and unproductive short cuts of putting adverts on buses, building flashy websites and holding conferences and expos with dragons, apprentices, millionaires and free lunches just to get punters through the door.

But it is not any punters that we need. It is those who believe, because of our reputation and our track record, that we can help them to use enterprise to transform their lives for the better.

Filed Under: management Tagged With: business planning, enterprise coaching, evaluation, management, operations, professional development, social marketing, strategy, training

Warming the Cockles of Enterprising Hearts

December 17, 2009 by admin

I recently ran some 2 hour workshops for staff at Wakefield College where steps are being undertaken to ‘Embed Enterprise’ across the curriculum.  I got some lovely feedback about the sessions:

  • Enjoyable structure to lesson; enterprise from another angle.
  • Great presenter learnt a lot of new ideas of how enterprise can be embedded across the college.
  • Good varied discussion; topic was quite thought provoking, good and interesting speaker.
  • Inspirational; thought provoking.
  • Really helped me understand the concept of enterprise, both personally and to help the adults I work with.
  • Interactive: Thought provoking
  • Very interesting presenter, stimulating & thought provoking, it flew by.
  • Session leader engaging, funny, and interesting – actually had something important to say.
  • Excellent input led by an interesting person who has credibility and vision.
  • Motivational speaker, clear messages, fun! Message matured my view of what teaching is about.
  • Right messages about enterprise, good pace, good balance of theory and anecdote, good understanding of issues in FE.
  • Stimulating, helped me look at my position at college in a slightly more “empowered way”.
  • Thought provoking, lots of ideas I would like to follow up on / research (if time permits).
  • Food for thought, helped me to basically understand the role of enterprise, training and business has to fill the gap not the need.  A really good session.
  • Flexible, great knowledge, inspiring.
  • Fab delivery, stimulating ideas I’d really like the power points and any refs etc.
  • Brilliant!…….. really interesting, interactive.
  • Variety,  fantastic thanks.
  • Very interesting, good tutor, good use of IT.
  • Interactive excellent, provoking thoughts, highlighted further development, how to manage entrepreneurship.  Team sessions with staff about developing enterprise.
  • Varied session covering a wide topic.  Encouraged reflection on own practice and future role in college.
  • Made us think, interactive, quite moving at times.
  • Very thought provoking, interesting topics and examples, well presented.
  • Good depth.
  • Fantastic delivery, so useful and incredibly inspiring.  Very relevant and realistic, thoroughly enjoyable.
  • (Strengths), presenter and activities, style personality knowledge.

Do get in touch if your team could do with the cockles of their enterprise hearts warming.

Filed Under: enterprise, entrepreneurship, management Tagged With: barriers to enterprise, enterprise, enterprise coaching, enterprise education, entrepreneurship, evaluation, inspiration, management, operations, professional development, training

Enterprise Coaching – One Day Workshop

October 21, 2009 by admin

Just been putting together a one day Introduction to Enterprise Coaching programme. Unfortunately because delegates are coming from far and wide we have a late start and early finish.
Here is the outline:
10.30 Arrive, register, welcome etc
11.00am Introductions and Objectives Exercise
11.30 – What are we Trying to Achieve with Enterprise and Entrepreneurship?
12.00 – Self Directed Learning – a framework for managing and leading our own development
12.30 – When I was a Kid – An Insight into (part of) our target market
13.00 – Lunch
13.45 – Situational Enterprise – understanding technical and psychological demands of the service
14.15 – The Enterprise Coaching Cycle and 4 Interventions styles
15.00 – An exercise in acceptant interventions
15.30 – Self image and enterprise
15.45 – So what might change?
16.00 – Close
How does it look?  Interesting?  Challenging?  Relevant?

Just been putting together a one day Introduction to Enterprise Coaching programme. Because delegates are coming from far and wide we have a late start and early finish.

Here is the outline:

10.30 – Arrive, register, welcome etc

11.00am – Introductions and Objectives Exercise

11.30 – What are We Trying to Achieve with Enterprise and Entrepreneurship?

12.00 – Self Directed Learning – a framework for managing and leading our own development

12.30 – When I was a Kid – An Insight into (part of) our target market

13.00 – Lunch

13.45 – Situational Enterprise – understanding technical and psychological demands of the service

14.15 – The Enterprise Coaching Cycle and 4 Interventions styles

15.00 – An Exercise in Acceptant Intervention

15.30 – Self Image and Enterprise

15.45 – So what might change?

16.00 – Close

How does it look?  Interesting?  Challenging?  Relevant?

What else would you want to see covered?

There is so much material and so little time!

Filed Under: enterprise, entrepreneurship, management Tagged With: enterprise, enterprise coaching, entrepreneurship, inspiration, management, operations, outreach, professional development, training

Mentoring for Enterprise

August 24, 2009 by admin

Thinking of setting up a mentoring scheme?

Here are some top tips to improve the chances of success:

  1. Educate mentees in how to choose and use a mentor – this will provide a better return on investment than training people in how to be good mentors
  2. Offer a mentor matching service – but always encourage people to look for their own mentors first – this ensures relevance
  3. Always encourage people to check out a few potential mentors rather than allocating them one
  4. Train people who have already been approached to become mentors – avoid training a whole bunch of people who want to mentor, but for whom there is no demand

Please do add more….

Filed Under: enterprise, management Tagged With: development, enterprise, management, operations, professional development, training

Enterprise Coaching is Being Broken

July 22, 2009 by admin

Broken
Broken

I get so frustrated when I see a 4 day enterprise coaching course being commissioned that pays little or no attention to what makes the role of the enterprise coach different from the business adviser.

I witnessed one recently, delivered by an Enterprise Agency (so they MUST know what they are talking about) that started with a half day on ‘Building  empathy and rapport’ (this should have been subtitled ‘Using psychological flannel to manipulate your client’) before going on for a full three days about ‘business planning’, ‘marketing’ and ‘finance’.  It even included a ‘very useful’ glossary of financial terms that every enterprise coach should know (things like profit, loss, break-even and cash flow).  Essentially it was a four day course of basic business advice re-branded ‘Enterprise Coaching’.  SFEDI accredited which is handy, except as far as I know SFEDI have yet to do develop any standards for Enterprise Coaches (which makes me wonder how they can accredit the course)!

  • The challenge facing the enterprise coach is NOT to provide business advice to people living in areas of deprivation.
  • It is NOT to help people who want to start a business to develop viable business plans.
  • It is not to sell them places on workshops or training programmes – even if this is what mis-guided funders incentivise them to do.

It IS to:

  • make connections in communities
  • become trusted
  • have structured conversations that help people to uncover their aspiration and to get back in touch with their potential,
  • help people assess their options and choices and make decisions that are most likely to help them make progress with their lives.
  • to engage with pre-contemplators and to help them contemplate.  It is to help contemplators to prepare for change and to ensure that they can access relevant, high quality and personalised specialist services.

Enterprise coaches develop people.

They unstick people.

They help people to grasp the possibility and practicalities of progress.

They help people to get in touch which their enteprising soul.

They build social capital, they put people in touch with fellow travellers and with sources of specialist support.

They work on shaping social contexts to make them more supportive of enteprise.

Some of the people they work with will go on to develop businesses.  Others will go back into education and skills, some will remain as before.

After a relationship with a skilled and powerful enterprise coach each one of them will have been challenged to think about what they want to get from life and how they are going to get it.

They may not have had ‘Break-even’ explained.

The concept of enterprise coaching is being broken.

It is being broken by bureaucrats who believe that the best way to increase start up rates is to put watered down business advisers into deprived communities to push self employment and entrepreneurship.

It is being broken because the enterprise industry is exploiting an opportunity to re-package ‘bog standard’ business advice under another name and sell it to unsuspecting and ill-informed regeneration commissioners.

It is being broken because Reality TV and the media at large insist on promoting the ‘Entrepreneurship Fairytale’ in which all that is needed is a good idea and few hours with a business adviser.

It is being broken because we lack a brave, positive and long term approach to developing more enterprising communities.

It is being broken because we are not seriously trying to engage the disengaged in making a better life.

Anyone ready for a change?

Filed Under: enterprise, entrepreneurship, management Tagged With: barriers to enterprise, business advice, business planning, community, community development, diversity, enterprise coaching, entrepreneurship, inspiration, management, operations, outreach, professional development, social capital, training, transformation

  • « Previous Page
  • 1
  • …
  • 8
  • 9
  • 10
  • 11
  • 12
  • …
  • 30
  • Next Page »

Recent Posts

  • Hello world!
  • The Challenges of ‘Engaging Community Leaders’
  • Are rich people less honest?
  • 121s – The single most effective tool for improving performance at work?
  • Wendell Berry’s Plan to Save the World

Recent Comments

  • Mike on Some thoughts on Best City outcomes
  • Andy Bagley on Some thoughts on Best City outcomes
  • Mike on Strengthening Bottom Up
  • Jeff Mowatt on Strengthening Bottom Up
  • Jeff Mowatt on Top Down: Bottom Up

Archives

  • November 2018
  • March 2014
  • November 2013
  • October 2013
  • August 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007

Categories

  • Community
  • Development
  • enterprise
  • entrepreneurship
  • Leadership
  • management
  • Progress School
  • Results Factory
  • Training
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Copyright © 2025 · Enterprise Pro on Genesis Framework · WordPress · Log in