The biggest difference between the coaching and the consulting process is on who does the work.
Need to renew that large credit line with a new bank? You’re doing the work. I’m the sounding board guiding you through the process.
Looking to buy that competitor you’ve had your eye on? You’re responsible for the LOI, APA, due diligence, financing, and post-transition activities. But I’m your guide. You and/your team are doing all of the work.
Trying to fix your working capital inefficiencies? Again, you’re doing the work. I’m your sounding board offering multiple possibilities on how to achieve your objectives.
You get the idea. Like Agassi’s three coaches when he was the best tennis player in the world, those support members didn’t swing the racket for him, he did. His coaches put him in a position to win. That’s what I’ll do for you in a CFO coaching relationship.
It’s a powerful concept with incredible benefits.