Blog - Business Coaching - Broad Insights

Are Your Resources Optimized?

There are 4 key focus areas for every business owner. Today we’re going to tackle resource optimization.

Are your resources being optimized?

I’m not talking about people, because I have a little bit of cultural bias against referring to people as resources. I’m talking about your financial resources, the use of your assets. What I find is that a lot of business owners don’t know how to read financial statements. I have an accounting background, which is really helpful in demystifying finances for me. But I find that a lot of business owners are dependent on CPAs to explain financial statements. And, frankly, I think they’re a little embarrassed to ask too many questions. [Read more…]

Are Your Employees Engaged?

There is one topic that comes up a lot in discussion with business leaders, and that’s the idea of employees being all in. Have you ever noticed that your employees seem to have new life at the end of the day? It’s 5 o’clock, and suddenly your subdued office is all smiles and energy. What would it be like to have a company where everyone was excited about being at work? Where your employees like their coworkers, they’re challenged, and they’re loyal? Getting to that point starts with asking, “Where am I today?” [Read more…]

Jim Wiginton on Entrepreneur Minute

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Insights from Proverbs: Ask Questions

Proverbs 20:5 says, “A plan in the heart of man is like deep water, but a man of understanding draws it out.” How does that translate into wisdom for everyday life? Let’s look at an example of this principle in action. Just last Thursday, I met with the CEO and leadership team of a $50M company. This was my first meeting with this group. The CEO was polite and kind, but I could sense that he had his arms crossed in his mind and carried a “show me something” attitude. I walked in, introduced myself, and started handing 3×5 cards out to the team while explaining, “You know, most consultants make a terrible mistake: they start by trying to tell you what they know. That’s well-meaning but really wrong-headed. I’d like to take a different approach and start by asking some questions and hearing your perspective.” [Read more…]

When Companies Need More Than Coaching

We pride ourselves on being coaches with a broad understanding of business and leadership (obviously). Beneath that broad knowledge, however, many of our coaches have deep understanding of and experience in specific fields. While we are, first and foremost, a coaching firm, we’ve found that occasionally our clients require that deep expertise in finance, HR, or sales. [Read more…]

Jim Wiginton Awarded DBA

We are proud to announce that Jim Wiginton, founder of Broad Insights and current coach, was recently named a Doctor of Business Administration by the Paris School of Business. His dissertation is a case study of Broad Insights entitled “A Survey of Business Coaching Impacts on Companies and Their Leaders.” In this work, Jim explores the definition of business coaching, as well as the issues surrounding the field, and publishes the results of his survey of Broad Insights’ clients. [Read more…]

Lessons in Professional Development

Our coaches recently attended the annual conference of the Professional Business Coaches Alliance, a high-value event hosted and attended by top coaches from across the United States. While we can’t share a lot of what we learned—although our clients have probably already seen it in action!—the conference did get us thinking about the power of professional development. Everyone can benefit from professional development. All of our coaches are educated and experienced businesspeople, and we still believe continuing development is vital for them. Here is why professional development is valuable. [Read more…]

Announcing: The Executive Effectiveness Retreat

In February, we had the pleasure of hosting our first Executive Effectiveness Retreat. We gathered a handful of leaders at The Cliffs at Keowee Vineyards and spent two days diving deep on leadership. Led by Jim Wiginton—Broad Insights founder, award-winning coach, and decades-long leader—executives learned together, completed exercises, analyzed case studies, and role-played difficult conversations. In a special session, attendees were treated to personalized and insightful profiles of their personalities and patterns of behavior. Armed with this insight, several attendees had breakthroughs about how they function and relate to those around them. [Read more…]

Insight From Proverbs: Accepting Correction

When we talk about insights, I love the book of Proverbs. Solomon asked for wisdom and this is a record of his wise sayings to his adult son. Proverbs 17:10 says, “A rebuke goes deeper into a man of understanding than a hundred blows into a fool.” [Read more…]

How’s Your Backpack?

One of the things we talk about a lot at Broad Insights is the backpack everyone carries. Everyone has a backpack on. It’s invisible, and we certainly do our best to hide it from other people. But in that backpack, we’re carrying the burdens of life, the responsibilities we have. For instance, my wife and I have aging parents. They’re becoming weaker and in poorer health, so we’re more and more preoccupied with that. We’ve also been blessed with 5 children, so we’re still in parenting mode. Everyone has relationships to maintain, and perhaps even some fraying ones to improve. You have family concerns too, I’m sure, on various levels. [Read more…]

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