What lies ahead for business coaching in 2024?

2023 was a challenging year for businesses, and it’s not clear 2024 will be any easier. As coaches, we predict this will lead us to helping clients look for the joy in their life, to focus on building what gives them hope, and help them to give hope to others so that they can remain resilient and purposeful in ongoing tough times.   We have always understood the importance of understanding your individual and collective purpose and motivators, and I think that’s going to be something clients will seek out from us more as 2024 continues.

2023 was a challenging year for businesses, and it’s not clear 2024 will be any easier. We predict this will lead us to helping clients look for the joy in their life, to focus on building what gives them hope, and help them to give hope to others so that they can remain resilient and purposeful in ongoing tough times. Understanding your individual and collective purpose and motivators is important.

Team Coaching
Organisations will seek to build resilience to find ways of protecting themselves from political and economic upheaval. Leaders will be looking for ways to keep teams positive and motivated about the future when growth is hard, and results are uncertain.  As no one has the right answer, the capacity to collaborate and communicate across an organisation and across organisational boundaries will become ever more important, so we would expect to see a growth in team coaching and coaching focused on improving organisational culture.

Hybrid teams
More businesses will focus on ensuring their hybrid teams are working effectively. The impact of ongoing change on individuals and teams is unprecedented, and many organisations will be turning to outside expertise as a faster solution to get teams working effectively and bringing everything together to achieve high performance.  Much like a personal trainer, a team coach helps people get ‘into shape’ more quickly, accelerating their development, helping them create new habits and ways of collaborating, even when they don’t often meet face-to-face.

In addition, businesses will focus on creating fully collaborative environments, where leaders and managers use technology and meeting processes that are adapted to a hybrid environment. Team leaders will need to create conventions and a culture that avoids fragmentation. This is not a problem that can fix itself: it takes conscious effort, clear facilitation, thought and effort. For example, managers need to manage the process of hybrid meetings better by using technology correctly for their setting and team structure, as well as planning for what needs to happen before, during and after meetings and focusing on bringing everyone “into the room”.

The Apprenticeship Levy
In 2024, more organisations will use the apprenticeship levy to upskill their workforce and achieve strategic objectives through coaching and mentoring programmes. This strategy emphasises the integral role of coaching and mentoring in nurturing future leaders. The evolution is driven by the recognition that jobs of the future will not mirror those of today, making succession planning increasingly important. Organisations are integrating apprenticeship programmes into their internal coaching frameworks, creating a mutually beneficial system where apprentices gain practical experience while receiving personalised leadership guidance. This approach cultivates a culture of continuous development and ensures that apprentices are developing critical soft skills like adaptability, critical thinking, and problem-solving, which are essential in a rapidly changing job market. These programmes help bridge the skills gap in various industries, making businesses more competitive and agile.

The benefits of coaching and mentoring apprenticeships in this context are substantial. They provide a comprehensive development path that prepares the workforce for future challenges, which are likely to be different from current expectations due to technological advancements and shifting market dynamics. These apprenticeships are key to succession planning, ensuring a seamless transition in leadership roles and maintaining organisational stability. By strategically using the apprenticeship levy, organisations are proactively investing in their workforce. This investment is critical for building a robust pipeline of skilled, adaptable leaders who are equipped to navigate and shape the future job landscape, ultimately contributing to the long-term success and resilience of the organisation. The future is never certain, but building resilience and putting in place the right coaching and leadership strategies will be key for businesses in 2024.

www.theocm.co.uk/ocm-discovery

    Read more

    Latest News

    Read More

    How to maximize your development efforts

    26 December 2024

    Newsletter

    Receive the latest HR news and strategic content

    Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

    Latest HR Jobs

    The Company Mirion Technologies For over 50 years, Mirion Technologies has provided products, services, and software that allow customers to safely leverage ionizing radiation for

    HR Assistant A top-tier US Law Firm is seeking to hire a proactive and organised HR Assistant to join their vibrant London office. This role

    Human Resource Manager Robert Half is partnering with a Investment Management Firm to recruit a HR Manager to join the team in the city of

    A highly successful CPO/People/HR Director that loves to help businesses unlock their potential and drive through people solutions that change lives. If yes, then this

    Read the latest digital issue of theHRDIRECTOR for FREE

    Read the latest digital issue of theHRDIRECTOR for FREE