Talent potential assessment

A search for ‘Coaches’ world-wide over LinkedIn as of April 2020, gives over 6,280,000 results.

A survey by ICF from 2009 estimated about 47,500 coaches worldwide which represent over 132 times (13,200%) growth in volume over the past decade.Interesting, given how short the industry has been discovered.Coaching first appeared on the scene approximately 20 years ago, gained considerable popularity in the last decade, and is now something that the majority of organisations are pursuing, particularly for their top talent.It shouldn’t be a surprise that the coaching supplier network is over-booming as well with an ocean of potential customers.

So to succeed as a Coach nowadays, you need to know your market and its requirements well to know what to focus on, what to invest in as well as where your future lies — what are the growing trends to help you develop your brand.And as a coaching client, it’s good to have an awareness of all these aspects to ensure you’re looking for and working with the most suitable people for yourself.

Such disruptions include earthquakes, fires, or floods, but pandemics can affect your business the same way, even if it’s not happening where you live and work.Is your business prepared?How ready is your company to resume operations after a disaster?

Ask yourself these key questions:What parts of my company need to be running right after a pandemic?Do I have a prioritised list and a plan for resuming operations?Can I get in touch with employees during a pandemic before or after business hours?Can we stay open for business if your supplies can’t be delivered?If you can’t answer these questions, your company probably isn’t doing everything it can when it comes to business continuity planning.

To get started, you have a couple of tasks to accomplish:Study the potential effects of a pandemic.Evaluate the risks specific to your business and location.Once you’ve carried out a risk assessment, perform a business impact analysis (or BIA) to anticipate the possible consequences of business disruption due to a pandemic.Some disruption scenarios include:Having many employees being absent because of illness.The inability to travel, enter buildings, or access assets due to quarantine.Having to temporarily close at least one of your branches due to the spread of disease.Interruption in your supply network.To help deal with these scenarios, look into national and local government policies and the potential impact they may have on your operations and emergency plans.

It considers people, facilities, IT, and suppliers answering questions like:What supplies are essential?What equipment do you need to conduct business?What’s the minimum number of staff you need to stay open?What process do we absolutely need to have?If business should close, what’s its impact over several days, weeks, or beyond?Possible consequences to your company include the following:Lost or delayed salesHigher costsCustomer dissatisfactionDamage to your reputationRegulatory finesWhen evaluating the potential impact of a crisis, don’t forget to consider time.Remember that when and how long the disruption occurs is important.

A pandemic may take months or years to reach its full destructive potential, and could remain in that state for just as long.The risk assessment and BIA will help identify disruption scenarios for your company and prioritise the order of recovery.

It’ll likely include the following details:Contact information for key team members.Instructions for using the plan.Policies or industry standards to serve as references.Emergency response guidelines that define when the plan will be used.Instructions for recovering operations, relocating, and other activities.Additional references such as lists of alternate vendors and workspaces, emergency services, contacts, and more.Roles in your planAssigning roles is a critical step in the business continuity plan.