Investing in coaching could mitigate the risk of a diminished talent pool after Brexit, says Denise Chilton.
Research from the CIPD has found that Brexit will make it harder to recruit qualified talent. 72% of HR professionals expect the competition for talent to escalate and 61% predict further difficulty recruiting senior and skilled employees.
Executive Coach Denise Chilton said, “I recently read that 20% of employers have reduced their investment in training and skills development as a result of Brexit but I believe it is more important than ever to invest in coaching.
“Access to the UK and EU talent pool is decreasing so competition for talent is intensifying. Organisations should be positioning themselves as an employer of choice, so they can hire the right people.
“Providing professional development and training like coaching is key to attracting new and well-qualified candidates, as well as improving retention. Coaching is also an invaluable tool for developing existing and future leaders.
“On an organisational level, companies with a strong coaching culture have higher employee engagement, report a higher revenue growth and gain an average of seven times their initial investment (as reported by the ICF).”
“On a more personal level, a coach can support a leader to unlock their potential, develop a more effective leadership style, deal with conflict, improve work-life balance, and gain clarity on their vision, whilst also motivating others to grow their skills and work together more cohesively.”
For more information on supporting leaders in your workplace to navigate the new challenges that Brexit will bring, visit www.denisechilton.co.uk or contact 07960478023.