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I published a short article in the TeleLeader News about the current and future trends in coaching. Here's the content:

Hello Everyone, and welcome to the weekly PTC TeleLeader News. This morning at breakfast I put together the "Current / Future Trends in Coaching" article you'll find below. It was sparked by an article about the CEO of UPS and how they're working on keeping up with trends in the shipping industry. So scroll towards the bottom, or click the link on the left and read what I came up with and why. Send me your comments if you agree, disagree or anything else.

Current / Future Trends in Coaching

Drivers that influence the business of coaching:

>The rising cost of gas will result in more phone coaching clients.
>Coaching is a luxury for most. Major decline in luxury spending means target your market towards who CAN pay.
>Group, phone, webinar coaching is / will be gaining in popularity.
>In person / your home town coaching more popular than having the client travel, air fare, gas cost to get to you.
>Coach Training:
     *Local live coach training will flourish because of travel costs if priced correctly.
     * Online, webinar, phone / teleclass coach training will continue to grow.
     *Coaches who really want live training will pay the cost and travel which will result in a smaller market to sell training to.
     *Coaches are not willing to put up with the high cost of coach training sites (coachville.com) or programs. They will want less costly, more effective solutions for marketing, networking, business organization, website development / email, etc.
>Live, in person client coaching will get more niche specific. No more 'life coach, relationship coach, business coach'. Now it will be / become: 'coaching for parents who have kids with ADD', 'coaching for the gay or lesbian wealthy couple', 'coaching for high profile executives who have lost their job through downsizing'. The narrow niche market will yield a better pay rate and faster expert status.

That's what I came up with. The CEO of UPS came up with these things to advance their business, things you can think on and predict trends yourself.

What is the world going to look like in the future?
Use scenario based thinking.
Identify major drivers that influence the business.
Create a matrix that looks like trends and possible courses of action.
Think in terms of probabilities.
Use longer planning and viability.

My thoughts on Internet and Communications trends:

Internet: more broadband, more wireless spots, more websites vying for business, your office can now be online (google docs), more useful niche data sites, more streaming video on sites, more useful blogs as resource, cheaper laptops, search engine optimization critical for websites to flourish.

Communications: video to become common on cell phones, .mobi websites growing, cell phone become cheaper with more features as giants compete for business, unlimited minutes becomes the standard plan, bigger screens on cell phones for video, surfing, pictures, data; (side note - greater division between the middle class and the 'new poor', think foreclosures)

Your comments are always welcome. Email me at help@planetteleclass.com.
Shadow! Nightwing
Director / PlanetTeleclass.com

 

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