Effectively Leveraging Trainers, Coaches, and Mentors

Contracting is a high-risk sport and the training of yourself, your managers and your craft labor should be as rigorous as a professional sports team.

D. Brown Management Profile Picture
Share

Contractors are facing a massive shortage of critical talent yet most contractors spend very little on talent development. 

Talent Development Tools: Effectively leveraging trainers, coaches and mentors. Quote: I invest a disproportionate amount of my income in paying for an ever-growing collection of trainers and coaches. Graham Duncan.

A valuable quote from Graham Duncan in the book Tribe of Mentors gets to the heart of continuous improvement. Consider that he invests and manages money for a living.  


Question:  What is one of the best or most worthwhile investments you’ve ever made?

“I invest a disproportionate amount of my income in paying for an ever-growing collection of trainers and coaches.”

Graham Duncan; Co-Founder of East Rock Capital

The highest performing companies, teams and individuals heavily leverage these resources.  Truly effective training HURTS and is not fun because it stretches you. This is the same whether you are training for something physical or mental.  If you are taking the time to invest in training make sure you put 100% of your effort into it; and then some.  


Learn more about how we approach talent development




Incentive Compensations for Contractors - Calculations
It is counterproductive to have an incentive program that is either too subjective or too objective. In order to achieve a perception of equity across your teams, the right balance needs to be found.
Cash Flow Tip 13 - Projecting Cash Flow and Driving Awareness
Projecting Cash Flow drives awareness, learning, actions and, ultimately, improved cash flow.
Allocation of Management Resources
Most new initiatives that contractors try often fall short of expectations due to poor management time allocation during start-up. We work with a lot of contractors and rarely see truly bad ideas or teams that truly can’t execute.