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Coaching/Business Management Program for Loan Officers

Coaching and Business Management are pieces of the same concept.  The idea of coaching is to enhance someone’s performance.  To do that, the coach must be able to establish what the individual is doing as compared to what they should be doing.  This is achieved through the business management model. 

 

Through this process, whether working with a new or existing loan officer, the coach can analyze what performance components to work on; sales efforts, service delivery, general organization or even personal matters. 

 

Coaching is not a remedial effort.  Many candidates for performance coaching are forced to participate and, as a result, it is perceived as punishment.  He or she will strive to avoid it.  For those people who believe that getting help carries a stigma, look at professional athletes.  The athletes at the very highest levels have coaches. 

 

We have tried to avoid the stigma of coaching being remedial.  For players who aren’t performing at an acceptable level coaching can help.  Still, it is impossible to guarantee results in an environment where there is not a commitment to retaining employees and providing an ongoing program.

 

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