Coaching in Pharma: Valuable Business Skill or Temporary
Fad?
Please wait while we forward you to...Coaching in Pharma: Valuable
Business Skill or Temporary Fad?
Learn how coaching can transform an employees performance
and ensure that employees remain motivated and loyal to their manager and
company. Medical Sales Managers who coach effectively tend to have more stable,
motivated and productive teams.
There continues to be massive coverage in the press about how
effective the skill of coaching can be, both in the workplace and in
peoples personal lives. Life coaching is fast becoming popular and, in
response, there has been a recent explosion of accredited life
coaches being churned out by various Life Coach Training Schools. But, what
about using the skill of coaching in business? Can a pharmaceutical manager
employ coaching skills to further the performance, general motivation and
morale of his/her employees?
Learn how coaching can transform an
employees performance and ensure that employees remain motivated and
loyal to their manager and company. Sales Managers who coach effectively tend
to have more stable, motivated and productive teams.
But it is essential
to point out that coaching is only one part of the pharmaceutical
managers role. The challenge is to ensure that all the differing aspects
of management are built into that role. Promoting the skill of coaching may be
worthwhile, but without the other aspects of management, a manager would not be
fully effective.
Recruitment, performance management, financial
management, business planning and customer engagement are just a few of the
skills that a pharmaceutical manager requires in order to be successful. A
manager must get the right balance of all skills to succeed. Being a successful
coach does not guarantee managerial success.
Managers often struggle to
cope with coaching, both in terms of taking the skills on board and also in
taking the time to put them into practice. Training courses help provide
initial exposure to the skill, although there is often a lack of qualified
coaching follow-up support available after a course has been completed. Without
follow-up many managers will revert to their old directive ways,
particularly when under pressure or stress.
In summary, coaching is an
essential business skill. Many managers do not possess the appropriate skills
or do not use them as often as they should. Coaching is only part of the
managers role and should be used in balance with other skills. Managers
should fully understand what coaching is about and what it entails before
embarking on using these skills.
There are plenty of opportunities to
coach in a managers everyday role. This review explores the basics.
EXECUTIVE SUMMARY
The distinction between
management and coaching is currently a hot topic across all industries. The
recent explosion of accredited life coaches has been followed by efforts to
ensure that the principles of coaching transfer to the world of business. The
pharmaceutical industry is no exception. The question remains, can
pharmaceutical managers use coaching skills to motivate their staff and improve
performance?
A good coach aims to enhance performance through feedback,
motivation, listening and questioning. Yet coaching is not always the ideal
method; sometimes directive management is more appropriate. However, there are
many opportunities for pharmaceutical managers to adopt coaching skills: field
visits, progress reviews, team meetings and individual appraisals all benefit
from the coaching philosophy.
This Improving Practices review provides
advice and guidance for pharmaceutical managers looking to develop the art of
coaching. It defines the differences between coaching and managing, and
explains how successful managers require a balance of skills. It looks at the
GROW and OUTCOMES® frameworks for coaching, and demonstrates how
teams can grow and become more productive through an understanding of these
approaches. It also looks at the major requirements of any training programme
designed for coaches. The review concludes that coaching is an essential
business skill, and that the directive approach eventually leads to
managerial suicide. Coaching is not a modern fad, but a vital component of good
management.
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