Can a manager be an effective coach? Some (often, professional coaches) say that they can’t and shouldn’t, because they have too much of a vested interest in the outcome of the coaching and couldn’t possibly be neutral enough to hold back on their opinions.
Then again, a lot of managers think they are already coaching when what they are really doing is a lot of teaching, advising and telling — or, worst case, micromanaging (think Pointy Haired Boss from “Dilbert”). They use the phrase “coaching” to describe just about any conversation they have with an employee.
Both are valid positions. It all depends on how you define what “coaching” is. I like to think of it as the skill and art of helping someone improve their performance and reach their full potential. There is a spectrum of coaching skills — from directive (teaching, advising, giving feedback, offering suggestions), to asking questions and listening — the real magic of coaching is when the coach takes a more non-directive approach (asking questions and listening) and the person can solve his or her problems.…
(read more…)
Prudential Investments Mutual Funds, part of Prudential Financial, spends a lot of time providing thought leadership with input from Prudential Financial’s affiliated institutional managers. A topic it has recently given much attention to is fixed-income choices in defined-contribution (DC) plans. In 2012, Prudential Investments Mutual Funds published the white paper, Insights on Investing: Fixed Income Options within DC Plans, for the purpose of initiating dialogue with advisors and consultants.
In this three-part blog series sponsored by Prudential, we will examine how fixed income can enhance retirement menus. This interview was originally published in the November 2012 issue of Financial Advisor magazine.
In today’s Part 1, the experts explain why offering a wider selection and variety of fixed-income choices to DC plan menus can potentially provide higher returns, greater diversification and less volatility to retirement portfolios.
Part 2 of the interview will look at ways to construct a better portfolio.
Part 3 of the interview will explain how financial advisors can help in this effort.…
(read more…)
Prudential Investments Mutual Funds, part of Prudential Financial, spends a lot of time providing thought leadership with input from Prudential Financial’s affiliated institutional managers. A topic it has recently given much attention to is fixed-income choices in defined-contribution (DC) plans. In 2012, Prudential Investments Mutual Funds published the white paper, Insights on Investing: Fixed Income Options within DC Plans, for the purpose of initiating dialogue with advisors and consultants.
In this three-part blog series sponsored by Prudential, we will examine how fixed income can enhance retirement menus. This interview was originally published in the November 2012 issue of Financial Advisor magazine.
In today’s Part 1, the experts explain why offering a wider selection and variety of fixed-income choices to DC plan menus can potentially provide higher returns, greater diversification and less volatility to retirement portfolios.
Part 2 of the interview will look at ways to construct a better portfolio.
Part 3 of the interview will explain how financial advisors can help in this effort.…
(read more…)

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