What Are The Benefits of Blended Learning?

Blended learning, which mixes traditional face-to-face education with technology, has become increasingly popular in educational institutions over the years. This style of learning provides a way for faculty to engage students through visuals and online interaction. In fact, 77% of academic leaders claim that online education is either the same or superior to face-to-face education and can be executed for a fraction of the cost.

So, how can blended learning benefit faculty and students alike?

Benefits to faculty

Change can be difficult, especially for faculty who have taught using traditional methods for years. But, as blended learning becomes more commonplace in educational institutions, the benefits are becoming more obvious – making the adoption rate higher.

1. Track and improve engagement

Blended learning provides the opportunity to make a clear roadmap for students, such as what is expected of each student and requirements to reach the final goal — or grade —are. With blended learning, teachers can visualize and track each student’s progress. This process can make it easier to identify signs of a student struggling or educational strengths and act upon them accordingly.

For instance, educators can analyze metrics to see what programs and modules students are engaging with. By understanding where each student’s passion lies, it becomes easier to cater to and adjust to each student’s learning behaviors. If students are falling behind, it becomes easier for an instructor to identify the issue, and step in earlier.

Take the Commonwealth Connections Academy as an example. By pulling reports from their online learning platform instructors could analyze test scores, course activities and portfolio assignments. If a student is falling behind in a particular area, they are advised to attend a drop-in center which gives students extra face-to-face time with their instructor. Teachers and students agree that the center is a useful way to zero in on a student’s learning barriers and provide custom instruction for improvement. Sometimes the solutions are as simple as providing better organizational skills.

2. Enhance communication

Young people today are growing up with more technology than ever. We’ve already seen shifts in communication patterns, starting with millennials. Observing a generation who became saturated in the digital world can show how communication is evolving.

A study from LivePerson, found that in the US and the UK, about 75% of internet users surveyed said rather than communicating in person, they were more likely to communicate digitally via:

  • Email
  • Text message
  • Social media

The findings may be an indicator that blended learning, which has an emphasis on technology, reaches students better than traditional methods.

By catering to a student’s preferred method of communication, online forums can connect lecturers with students more effectively.

3. Enables edtech

By combining new technology like AR and VR with traditional education methods, students are getting a more inclusive learning experience.A study by EdTechReview shows that AR and VR technology has mass appeal, too. Consumers value AR products 33% higher than non-AR offerings.

Google Expeditions and Titans of Space are two great examples of AR and VR in the classroom. Both provide virtual field trips like tours of the solar system to improve science lessons. These adventures are both engaging and valuable ways to teach.

The growth of edtech means that teaching online is becoming more effective and easier.

4. Personalization

In the U.S. the student-to-teacher ratio has risen to nearly 30 students per teacher. With class sizes this large, it can be difficult to personalize lessons or understand the individual needs of each student.

Blended learning provides the opportunity to change this.

Student-centric, blended learning makes it easier to individualize learning modules based on competency. Students within one classroom can move at different paces, and teachers can see more easily, which students either express more interest in a particular area or show the need for extra attention in a particular subject.

5. Reduces cost

Blended learning saves educators money in several ways. For instance:

  1. Repurposing content decreasing and money spent for course preparation.
  2. Virtual tutoring can help to eliminate employee and venue costs.

A paper by the Fordham Institute found that national average for per-pupil costs for traditional learning in K-12 was about $10,000

Virtual schools costs were $5,500 to $7,100 per student, while blended learning costs started at $7,600. Rates could rise to around $10,200 per student depending on how much face-to-face education is emphasized in the plan.

By implementing blended learning strategically, an institution could reduce costs by nearly 50%.

Benefits to students

Faculty members aren’t the only ones to benefit from blended learning. Perhaps more importantly, students are given a more comprehensive educational experience that can boost retention and engagement.

1. Peer support

In Aspden and Helm’s study ‘Making the connection in a blended learning environment’, they found that online communication, through a blended learning environment, improved social aspects of students. Specifically, they stated that blended learning allowed students to make and maintain connections with other students, and their learning institution, even when off campus.

By offering online discussions in real time, or in an asynchronous model like discussion boards or chat rooms, open dialogue is always accessible. The consistency of conversation enables a 24/7, community-style support system which means continuous peer support.

2. Easy access and flexibility

By having resources online, students can access material with no constraints including schedule conflicts.

Online materials can be found on smartphones, tablets, and desktops which is technology we’re already using, daily. In fact, GlobalWebIndex found that on a typical day, internet users ages 18 to 34 spend 3 hours, 38 minutes surfing the web via their smartphones alone.

Additionally, many students in the United States fail to complete school. As many as 7% of high school students drop out before graduation. Worse still, nearly half of the students who start college don’t finish within six years.

One conclusion is that the majority of students who start college and don’t finish are part-time enrollments, which can suggest that students are juggling study with work and personal commitments. Because blended learning platforms are available at any time, it is convenient for those who are trying to complete schooling while taking on other responsibilities like working or parenting.

3. Enhanced retention

Blended learning may have the ability to teach students more effectively than traditional face-to-face schooling.

The English department at Long Island University (LIU) Brooklyn is currently testing blended learning as a way to improve retention for their students.

To begin, LIU offered iPads for all its incoming students. The hope is that by incorporating technological components into their lessons, it will help change the way students think about their writing.

The data LIU has collected, though mostly qualitative, is starting to paint the picture that blended learning has a positive impact on retention. Other studies indicate that learning online can increase retention rates from between 25-60% compared to only 8-10% for face-to-face learning.

4. Increased satisfaction and effectiveness

Students today prefer to have a variety of ways to learn. As digital natives, many young students are familiar with an online environment and actually prefer it. The varied formats of education also serve a purpose outside of student entertainment and satisfaction; it also may be a more effective way for students to learn, too.

Blended learning encourages self-learning, where students are forced to look for information online independently, rather than just sitting in a classroom setting and relying on a lecturer.

In the book Blended learning: Uncovering its transformative potential in higher education, the authors argue that blended learning is effective because unlike the traditional lecture-based teaching model, blended learning opens classroom time to focus on more active and meaningful activities which can lead to improved effectiveness.

5. Boosts soft skills

Soft skills or skills that are required in the workplace for professional success are naturally fostered in an online learning space. Specifically, skills like relating well to others, time management, critical thinking and team cooperation are nurtured in a blended model.

A study published by Elsevier tested a group of calculus students to see how a blended learning model impacted soft skills. The conclusion of their study was that the ability to communicate via email or online improved participation. And that because students were actively discussing and vocalizing their understanding of concepts, blended learning helped build confidence and success. It was concluded that communication skills changed favorably with a blended learning course.

It’s clear that blended learning provides new ways for educators to engage and connect with students.

With falling enrollments and the challenge of the digital landscape putting pressure on systems, faculty and syllabus, introducing blended learning could help tap inot a new cohort of students and create a new revenue stream.

By:  Digital Marketing Institute

Source: What are the Benefits of Blended Learning? | Digital Marketing Institute

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Why Asking For Advice Is More Effective Than Asking For Feedback

Jorg Greuel/Getty Images

Across four experiments — including a field experiment conducted in an executive education classroom — researchers found that people received more effective input when they asked for advice rather than feedback. You just gave a great first pitch to a major client and landed an invitation to pitch to their senior leaders. Now you want a second opinion on your presentation to see if there’s anything you can improve. What do you do?

Conventional wisdom says you should ask your colleagues for feedback. However, research suggests that feedback often has no (or even a negative) impact on our performance. This is because the feedback we receive is often too vague — it fails to highlight what we can improve on or how to improve.

Our research suggests a better approach. Across four experiments — including a field experiment conducted in an executive education classroom — we found that people received more effective input when they asked for advice rather than feedback.

In one study, we asked 200 people to offer input on a job application letter for a tutoring position, written by one of their peers. Some people were asked to provide this input in the form of “feedback,” while others were asked to provide “advice.” Those who provided feedback tended to give vague, generally praising comments. For example, one reviewer who was asked to give feedback made the following comment:

“This person seems to meet quite a few of the requirements. They have experience with kids, and the proper skills to teach someone else. Overall, they seem like a reasonable applicant.”

However, when asked to give advice on the same application letter, people offered more critical and actionable input. One reviewer noted more specific action items: “I would add in your previous experience tutoring or similar interactions with children. Describe your tutoring style and why you chose it. Add what your ultimate end goal would be for an average 7 year old.”

In fact, compared to those asked to give feedback, those asked to provide “advice” suggested 34% more areas of improvement and 56% more ways to improve. In another study, we asked 194 full-time employees in the U.S. to describe a colleague’s performance on a recent work task. These tasks ranged from “putting labels on items” to “creating new marketing strategies.” Then, we asked employees to give feedback or advice on the work performance they just described.

Once again, those who were asked to provide feedback gave less critical and actionable input (e.g. one wrote, “They gave a very good performance without any complaints related to his work”) than those asked to provide advice (e.g. one wrote, “In the future, I suggest checking in with our executive officers more frequently. During the event, please walk around, and be present to make sure people see you”).

We further replicated these findings in a field experiment using instructor evaluations. In an end-of-course evaluation, we asked 70+ executive education students from around the world to provide either feedback or advice to their instructors. Again, advice more frequently contained detailed explanations of what worked and what didn’t, such as: “I loved the cases.

But I would have preferred concentrating more time on learning specific tools that would help improve the negotiation skills of the participants.” Feedback, in contrast, often included generalities, such as “This faculty’s content and style of teaching was very good.”

Why is asking for advice more effective than asking for feedback? As it turns out, feedback is often associated with evaluation. At school, we receive feedback with letter grades. When we enter the workforce, we receive feedback with our performance evaluations. Because of this link between feedback and evaluation, when people are asked to provide feedback, they often focus on judging others’ performance; they think more about how others performed in the past.

This makes it harder to imagine someone’s future and possibly better performance. As a result, feedback givers end up providing less critical and actionable input. In contrast, when asked to provide advice, people focus less on evaluation and more on possible future actions. Whereas the past is unchangeable, the future is full of possibilities. So, if you ask someone for advice, they will be more likely to think forward to future opportunities to improve rather than backwards to the things you have done, which you can no longer change.

To document this effect, we ran another study that was very similar to our first. In this experiment, we again asked hundreds of people to provide feedback or advice on a peer’s job application. But this time, we also asked feedback providers to shift their focus toward “developing the writer.” When removed from an evaluation mindset, by focusing more on developing the recipient, feedback providers were just as critical and actionable in their input as advice providers.

Is asking for feedback always a worse strategy than asking for advice? Not necessarily.

Sometimes soliciting feedback may be more beneficial. People who are novices in their field typically find critical and specific input less motivating — in part because they don’t feel like they have the basic skills necessary to improve. So for novices, it might be better to ask for feedback, rather than advice, to receive less demotivating criticism and more high-level encouragement.

Organizations are full of opportunities to learn from peers, colleagues, and clients. Despite its prevalence, asking for feedback is often an ineffective strategy for promoting growth and learning. Our work suggests this is because when givers focus too much on evaluating past actions, they fail to provide tangible recommendations for future ones. How can we overcome this barrier? By asking our peers, clients, colleagues, and bosses for advice instead.Jaewon Yoon is a PhD student in the organization behavior program at Harvard Business School. Her research focuses on time communication and feedback exchange.

By: Jaewon Yoon, Hayley Blunden , Ariella Kristal & Ashley Whillans

Source: Why Asking for Advice Is More Effective Than Asking for Feedback

.

Related contents:

Information feedback and causal loop diagrams”. Modeling the Environment. Island Press. pp. 99 ff. ISBN 9781610914253. This chapter describes causal loop diagrams to portray the information feedback at work in a system. The word causal refers to cause-and-effect relationships.

A history of control engineering, 1800–1930. Stevenage; New York: Peregrinus for the Institution of Electrical Engineers. ISBN 978-0-906048-07-8. [2]W. Ross Ashby (1957).

An introduction to cybernetics (PDF). Chapman & Hall. Archived (PDF) from the original on 23 August 2000.Ramaprasad, Arkalgud (1983). “On the definition of feedback”. Behavioral Science. 28: 4–13. doi:10.1002/bs.3830280103.David A. Mindell (2002). Between Human and Machine :

Feedback, Control, and Computing before Cybernetics. Baltimore, MD, US: Johns Hopkins University Press. ISBN 9780801868955.Friis, H.T., and A.G.Jensen. “High Frequency Amplifiers” Bell System Technical Journal 3 (April 1924):181–205Peter M. Senge (1990).

The Fifth Discipline: The Art and Practice of the Learning Organization. New York: Doubleday. p. 424. ISBN 978-0-385-26094-7.Alta Smit; Arturo O’Byrne (2011).

Bipolar feedback”. Introduction to Bioregulatory Medicine. Thieme. p. 6. ISBN 9783131469717.Vlahopoulos, SA; Cen, O; Hengen, N; Agan, J; Moschovi, M; Critselis, E; Adamaki, M; Bacopoulou, F; Copland, JA; Boldogh, I; Karin, M; Chrousos, GP (20 June 2015).

Dynamic aberrant NF-κB spurs tumorigenesis: A new model encompassing the microenvironment”. Cytokine & Growth Factor Reviews. 26 (4): 389–403. doi:10.1016/j.cytogfr.2015.06.001. PMC 4526340. PMID 26119834.Vlahopoulos, SA (August 2017).

“Aberrant control of NF-κB in cancer permits transcriptional and phenotypic plasticity, to curtail dependence on host tissue: molecular mode”. Cancer Biology & Medicine. 14 (3): 254–270.

“Allosteric controls of amphilbolic pathways in bacteria”. Bacteriol. Rev. 34 (1): 20–39. doi:10.1128/MMBR.34.1.20-39.1970. PMC 378347. PMID 4315011Scheff, Thomas (2 September 2009).

“The Emotional/Relational World”. Psychology Today. Retrieved 10 July 2013.“The Study of Earth as an Integrated System”. nasa.gov. NASA. 2016. Archived from the original on 2 November 2016.Fig. TS.17, Technical Summary, Sixth Assessment Report (AR6), Working Group I, IPCC, 2021, p. 96. Archived from the original on July 21, 2022. 

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‘The Alignment Factor’: Market Alignment With Segmentation and Differentiation

halbergman | Getty Images

A new, ongoing series from the authors of ‘Total Alignment’ continues with a look at how defining a segment and focusing on its needs gets you one step closer to your goals. Businesses small and large are being impacted by the pandemic, and entrepreneurs are not immune. In order to survive and prosper during these difficult times, it might be necessary to reinvest in your business concept and redesign your offerings.

As a successful entrepreneur, you have been aligned with your market, but are you still aligned? Do your customers need the same things as before, with the same mode of delivery? For example, imagine a previously successful restaurant that has lost its customers during the pandemic. Does the owner truly understand the current needs of his customers beyond the menu it used to offer or the ambiance it had created before?

Related: The Alignment Factor’: The Keys to Internal Alignment

What Is Market Segmentation?

In a nutshell, it’s grouping heterogenous people into homogeneous groups, or segments, by some criteria related to their needs. By defining a segment and focusing on the needs of that segment, and aligning products or services with those needs, you have taken steps toward market alignment. The key characteristics of a market segment could be similar customer needs or preferences.

In a company with multiple locations, a segment will likely account for geography, demography and choices people make, the type of services they value and the quality they expect. In a smaller company, it could be a subset of these criteria. Let’s look again at restaurants. Assuming the wearing of masks is a pretty universal requirement, the first pressing issue for owners is how to proceed over the next few months.

Should the restaurant continue to offer inside dining? If so, how do you protect the customers? Usually, this is met by distancing the tables farther apart, requiring the servers to wear masks and hopefully the kitchen staff to wear masks and gloves. But what about the substantial number of people who now want to-go meals? Should they be forced to walk into a restaurant where people are eating (obviously without masks) to pick up the food?

Or, more conveniently, can the restaurant offer to bring the food to the car? What about payment? Does the customer need to enter the dining room and present his credit card? Or can they pay over the phone or on the website when ordering? These issues are not unsolvable, yet many restaurants seem unable to adapt. Perhaps it is a rigidity in the way the owners see their establishments and an unwillingness to re-evaluate the new needs of the market segment they were serving.

It’s crucial to re-evaluate your customers and perhaps re-segment your market in line with the new reality. Otherwise, precious resources can be wasted on activities that are no longer in alignment. Flexibility and creativity at this juncture can mean the difference between success and failure.

What Is Differentiation?

After re-defining your market segments, you will have to identify what is important to customers in a segment likely to buy your product. Value drivers could be cost, quality, features, safety, buying experience, after-sale support, etc. In a restaurant, they could include the cost of items on the menu, the quality of the food (e.g. organic or not; using meat and poultry and sea food from sources that care for the animals well in a healthy environment), the variety in the menu, safety in the process of acquiring the food and eating, the restaurant experience and treatment received after the service is completed.

For each segment, evaluate the importance to the customers of each appropriate value driver on a scale of low to medium to high. For example, quality might be high for a segment while cost is a medium. Safety could be high, and follow-up support could be low. The evaluation should be based on data, not just opinion. You may need to use customer surveys to hear the voice of the customer.

Next, evaluate the same value drivers in terms of how your offering is different from your competitors. For example, is the quality you offer significantly better than your competitors? Is the cost you offer substantially lower than your competitors? Are the features you offer unique to you and unavailable to the customer from other suppliers?

As you evaluate your value drivers, you can assign a low, medium or high rating to each. For example, if your value driver is features, and you offer unique features no one else is providing, your differentiation would be high. If everyone offers the same features, then your differentiation is low. Again, the evaluation should be based on data.

After evaluating your differentiation on each of the value drivers, you have a set of two evaluations for each one: The first is how important the value driver is to the customer in a segment, and the second is the differentiation of that value driver from your competitors. You can plot the two evaluations on a two-dimensional grid, the scale being low, medium and high on both axes.

The value drivers that fall in the (High:High) category should become your primary focus, both in terms of the message you send to the customers in that segment and in terms of making absolutely sure that those value drivers are perceived by your customers as you promised — or even better. For example, if quality and safety have been evaluated as (High:High), your resources should be directed toward making sure your customers are aware of your differentiation and that your quality and safety are, in fact, at the highest possible levels.

Strategies for Each Segment

Your market segments don’t all deserves the same attention. You could close out some segments and put your investment into others, especially during these challenging times. As entrepreneurs, you will have a preference based on emotional attachments. This is dangerous, as your pet offering might not be appropriate for all segments. Having re-segmented your market during this pandemic, you are in a position to decide where to put your energies and investment.

You will have to choose the segments to grow, those that could stay at the same level of growth and those you should exit. How do you make such decisions? There are guides in the management literature to help you do this. Essentially, for each segment, you perform a two-fold evaluation: How strong is your segment compared to your strongest competitor in terms of the internal processes that deliver value to the customer? And how attractive is the segment to an investor?

If you are much stronger than your strongest competitor, then your strength in that segment would be high. If you are at the same level as your strongest competitor, your strength would be medium, and if you are weaker than your strongest competitor, your evaluation in that segment would be low.

As for market attractiveness, you will have to evaluate whether the market in a segment is extremely favorable, (considering a set of external criteria) or not. The external criteria could include the size of the market, the growth of the market and the profitability of the market. If the market segment is favorable, then the evaluation for that segment would be high. Otherwise, it could be medium or low. The value of this exercise is that it will enable you to see the relative position of your different segments compared to each other.

The segment with high strength and high market attractiveness (High:High) is the one that deserves your attention the most, and the segment that has low strength and low attractiveness (Low:Low) can be divested unless it provides input into an attractive segment. Other segments will require appropriate strategies based on their evaluation.

Related: The One System That Changes Employees’ Behavior

Strategic Mindset

The strategic mindset we are proposing in this article will help you arrive at a set of strategies appropriate to each of your market segments. To develop a strategy, you need to have identified your market segments, differentiation and the relative position of your segments on the business strength/market attractiveness continuum.

Choosing where to put your time and investment will be key to your survival and growth, enabling you to make sound decisions and use your precious financial and human resources to deliver maximum value to your customers.

By

Source: ‘The Alignment Factor’: Market Alignment With Segmentation and Differentiation

.

Related contents:

Undifferentiated marketing”. Business Dictionary. Archived from the original on 23 September 2020. Retrieved 3 June 2022.Based on Weinstein, A., Market Segmentation Handbook: Strategic Targeting for Business and Technology Firms, 3rd ed., Haworth Press, Binghamton, N.Y., 2004, p. 12Claessens, Maximilian.

Market Targeting – Targeting Market Segments effectively”. marketing-insider.eu. Retrieved 17 October 2020.Diaz Ruiz, Carlos A.; Kjellberg, Hans (December 20, 2020).

Feral segmentation: How cultural intermediaries perform market segmentation in the wild”. Marketing Theory. 20 (4): 429–457. doi:10.1177/1470593120920330. S2CID 219027435 – via DOI.org (Crossref).

Hospitality Marketing Management (Fifth ed.). John Wiley and Sons. p. 139. ISBN 978-0-470-08858-6. Retrieved 2013-06-08.Tynan, A.N and Drayton, J., “Market segmentation,” Journal of Marketing Management, Vol. 2, No. 3, 1987, DOI:https://dx.doi.org/10.1080/0267257X.1987.9964020.

Market Segmentation Analysis: Understanding It, Doing It, and Making It Useful. ISBN 9789811088186.

“Management Tools – Customer Relationship Management”. bain.com. Retrieved 23 November 2015.Marketing Insider, “Evaluating Market Segments”, Online: http://targetmarketsegmentation.com/target-market/secondary-target-markets/ Archived 2016-10-23 at the Wayback Machine

“B2B Market Segmentation Research” (PDF). circle-research.com. Archived from the original (PDF) on 12 April 2015. Retrieved 9 June 2015.Gupta, Sunil. Lehmann, Donald R.Goldstein, Doug.

“What is Customer Segmentation?” MindofMarketing.net, May 2007. New York, NY.Market Research Association, Glossary of Terms, Online:http://www.marketingresearch.org/issues-policies/glossary

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Microcoaching: The Next Generation Of Personal Development

Microcoaching: the next generation of personal development...getty

As the modern workplace evolves, its associated practices must too. An office used to mean a fixed location, now it’s anywhere with an internet connection or something to write with. A multi-million dollar business used to require heaps of staff and complicated infrastructure, now it could be a teenager with a Shopify site. Meetings used to always be face-to-face. Emails used to be faxes. Instant payments used to be cheques. You get the idea.

Ambitious entrepreneurs are maximising their time; fitting in more of what matters and doing less of what doesn’t. More is automated, delegated and eliminated than ever before. It makes sense that coaching is up for discussion.

What is microcoaching?

Microcoaching is an alternative to traditional coaching, consisting of smaller and more frequent questions, guidance and assistance. Rather than scheduling hour-long calls or face-to-face meetings, microcoaching might involve a five-minute chat every few days, and the exchange of voice notes or text-based questions and prompts between coach and client. The principle is that frequent doses of guidance might help keep someone on track better than an in-depth discussion every two weeks, for example.

Microcoaching is used by coaches looking to adapt their practices to a changing workplace, as well as the evolving demands of a modern entrepreneur. It’s used within larger organisations, to enable senior team members to offer support to junior ones, or to enable peer-to-peer development. It might be used within entrepreneur networks or between friendship groups. Whenever you’re spending time with someone who is helping you find solutions or holding you accountable, you might be on the receiving end of microcoaching.

Formal, structured coaching has its place, but for some clients of coaches it’s surplus to requirements and shorter, more frequent bursts of motivation, inspiration and nudging may prove more beneficial.

What makes microcoaching so effective?

Microcoaching, by its very nature, enables more frequent catch ups and a real-time method of keeping in touch. This means challenges can be assessed and dissected and a plan of action made without waiting for the next scheduled session, which may be weeks or even months in the future. This is particularly useful if the microcoaching recipient feels they may have made a mistake, could have handled a situation better, or they have a big decision they’d like to discuss.

The faster implementation of microcoaching can make the recipient more effective in their work. Whether self-employed or an employee, they are less likely to waste time pursuing practices that are ineffective or go too far down a rabbit hole before they’re caught. Feedback loops are far shorter meaning actions can be redirected accordingly. Furthermore, the microcoaching receiver can access frequent doses of motivation, keeping their levels topped up rather than allowing for boom and bust.

One of the key benefits of microcoaching is its flexible nature, especially when communication is delivered asynchronously. This means the coach and their client can exchange thoughts and questions in their own time, whenever is convenient. This removes the need to find time in two busy schedules and block out an afternoon for a call and review period. Long coaching calls can be draining for both parties and they’re not always effective. Furthermore, long coaching calls might require an initial phase of catching up, which microcoaching negates the need for.

How can entrepreneurs benefit from microcoaching?

Ambitious entrepreneurs are hungry for knowledge, including feedback and pointers of how they can improve. They can open themselves up for microcoaching by letting key individuals around them know that regular feedback is welcome.

Within a formal coaching relationship, where an entrepreneur has commissioned a coach, they might adapt the schedule so they communicate in smaller bursts and incorporate ad hoc phone calls, shorter catch ups or voice notes, saving the longer sessions for when deep dives are necessary or when there’s something significant to discuss. This adaptation may be welcomed by their coach and make the arrangement more effective.

Outside of a formal coaching relationship, for example in mastermind groups or between friendship groups consisting of entrepreneurs, each member can administer and receive microcoaching according to the boundaries of those involved. If a friend is explaining a business problem, for example, I might ask them if I can offer feedback, ask some questions, or suggest a new way to frame the problem. In turn, they may hear of a business challenge I’m facing and ask if it’s okay that they probe, in order to help me reach a solution.

When microcoaching is met with an open demeanour and willingness to learn, it can be effective. When it’s unsolicited, defensiveness may ensue, and no solutions reached, hence why it’s crucial to check before offering input.

Entrepreneurs who question every aspect of their career and work will inevitably find better ways of conducting business. Modern businesses have reimagined what’s possible; applying the same to personal development could unlock the progress ambitious business owners are seeking.

Entrepreneur psychology and how to run a business without it running you. Post-exit entrepreneur, author of Ten Year Career and Forbes’ 30 under 30 social entrepreneurs in Europe 2017.

Source: Microcoaching: The Next Generation Of Personal Development

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Related contents:

 Excellence in Coaching: The Industry Guide (3rd ed.). London; Philadelphia: Kogan Page. ISBN 9780749474461. OCLC 927192333.Renton, Jane (2009). Coaching and Mentoring: What They are and How to Make the Most of Them. New York: Bloomberg Press. ISBN 9781576603307. OCLC 263978214.Chakravarthy, Pradeep (20 December 2011).

“The Difference Between Coaching And Mentoring”. Forbes. Retrieved 4 July 2015.coach, Online Etymology Dictionary, retrieved 4 July 2015.Lines, David; Evans, Christina, eds. (2020). “A Meta-Analysis of Coaching: Re-tracing the Roots and Re-analysing the Coaching Story”.

The Global Business of Coaching: A Meta-Analytical Perspective. Routledge Studies in Human Resource Development. New York: Routledge. ISBN 9780429884917. Retrieved 26 July 2020. … Brock (2014: 116–119) identifies that coaching draws on the knowledge bases of adult education.Stelter, Reinhard (2012).

A Guide to Third Generation Coaching: Narrative-Collaborative Theory and Practice [Tredje generations coaching – En guide til narrativ-samskabende teori og praksis]. Dordrecht: Springer Science+Business Media (published 2013). p. 2. ISBN 9789400771864. Retrieved 26 July 2020. The history of coaching and coaching psychology can be traced back to two key roots: Sport psychology and the Human Potential Movement.

Professional Coaching: Principles and Practice. Springer Publishing. pp. 13–14. ISBN 9780826180094. Retrieved 26 July 2020. Several sources of connections that set the stage for coaching are: …

Anthony Grant”. http://www.icfaustralasia.com. Retrieved 5 May 2019.Cox, Elaine (2013), Coaching Understood: a Pragmatic Inquiry into the Coaching Process, Los Angeles; London: Sage Publications, ISBN 9780857028259, OCLC 805014954.Hallowell, Edward M.; Ratey, John J. (2011) [1984].

Driven to Distraction: Recognizing and Coping with Attention Deficit Disorder from Childhood Through Adulthood (Revised ed.). New York: Anchor Books. ISBN 9780307743152. OCLC 699763760.Hamilton, Jeff (6 January 2011).

“26 Benefits of Adult ADHD Coaching”. Psychology Today blogs. Retrieved 4 July 2015.Knouse, Laura E.; Bagwell, Catherine L.; Barkley, Russell A.; Murphy, Kevin R. (May 2005). “Accuracy of Self-Evaluation in Adults with ADHD: Evidence from a Driving Study”.

Challenges for the theory and practice of business coaching: a systematic review of empirical evidence” (PDF). Human Resource Development Review. 15 (4): 459–486. doi:10.1177/1534484316673177. ISSN 1534-4843. S2CID 152097437.Stern, Lewis R. (2004).

Executive coaching: a working definition” (PDF). Consulting Psychology Journal: Practice and Research. Jones, Rebecca J.; Woods, Stephen A.; Guillaume, Yves R. F. (June 2016).

The effectiveness of workplace coaching: a meta-analysis of learning and performance outcomes from coaching” (PDF). Journal of Occupational and Organizational Psychology. 89 (2): 249–277. doi:10.1111/joop.12119.Lorber, Laura (10 April 2008).

Executive Coaching – Worth the Money?”. The Wall Street Journal. Retrieved 12 November 2008.Wang, Yanfei; Yuan, Chuqin (2017). “Coaching leadership and employee voice behavior: a multilevel study”.Social Behavior and Personality. 45 (10): 1655–1664. doi:10.2224/sbp.6593.

Definition of Christian Coaching” Collins, J. Michael; Olive, Peggy; O’Rourke, Collin M. (February 2013). “Financial Coaching’s Potential for Enhancing Family Financial Security”. Journal of Extension. 51 (1): 1FEA8. Retrieved 2 July 2013.Engel, Reed Jordan (2011).

An Examination of Wellness Coaches and Their Impact on Client Behavioral Outcomes (Thesis). Purdue University. Retrieved 2 July 2015.

Health Coaches & Health Coaching: Definition, Qualifications, Risk and Responsibility, and Differentiation from Wellness Coaching” (PDF). National Society of Health Coaches. Retrieved 7 January 2016.Maslin Nir, Sarah (8 November 2010). “Like a Monitor More Than a Tutor”. The New York Times. p. A21. Retrieved 4 July 2015.Nieuwerburgh, Christian van (2012).

Coaching in Education: Getting Better Results for Students, Educators, and Parents. Professional Coaching Series. London: Karnac Books.Neenan, Michael (2018). Neenan, Michael (ed.). Cognitive Behavioural Coaching:Grant, Anthony M. (2005). “Grant, Anthony M.; Cavanagh, Michael J. (2018). “Life Coaching”. In Cox, Elaine; Bachkirova, Tatiana; Clutterbuck, David (eds.).

The Complete Handbook of Coaching (3 ed.). Los Angeles: Sage Publications. ISBN 9781526453112. Retrieved 26 July 2020. The roots of contemporary life coaching appear to emerge from humanistic traditions of psychology (e.g. Maslow, 1954)Nisbet, Matthew C. (May–June 2020).

Tony Robbins Next Door: Personal Coaches Are The New High Priests Of Self-Help”. Skeptical Inquirer. Vol. 44, no. 3. Amherst, New York: Center for Inquiry. Archived from the original on 26 November 2020. Retrieved 26 November 2020.Yossi, Ives; Cox, Elaine (2015).

Relationship Coaching: The Theory and Practice of Coaching with Singles, Couples and Parents. Hove, East Sussex; New York: Routledge. ISBN 978-0415737951. OCLC 881498486.

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Apple Partners With Goldman Sachs To Introduce High-Yield Savings Accounts For Apple Card Holders

Image Credits: Apple

Apple is taking a big step toward offering more banking services to its customers. The company announced today it’s partnering with Goldman Sachs to soon launch a new Savings account feature for its Apple Card credit cardholders which will allow them to save and grow their “Daily Cash” — the cashback rewards that are earned from their Apple Card purchases.

In the months ahead, Apple says cardholders will be able to automatically save this cash in a new, high-yield Savings account from partner Goldman Sachs which is accessible with Apple Wallet. Customers will be able to transfer their own money into this account, as well.The account will have no fees, minimum deposits or minimum balance requirements, Apple notes, which would make the account somewhat competitive with a variety of neobanks which are often used as a way for customers to park their digital cash and earn money through interest payments.

Apple, in its press release this morning, did not yet say what interest rate would be paid out on these high-yield accounts, however. Currently, competitors are offering APY’s in the range of 2.20%-3.05%, per data from Bankrate. Some are going even higher, Investopedia data indicates, citing APYs topping 3.1% at present. (Apple noted it’s not prepared to announce the APY due to the particularly dynamic interest rate environment at present.)

When the new offering launches, Apple Card users will be able to set up and manage their Savings account directly in the existing Apple Wallet mobile app. From that point forward, all the Daily Cash they earn through Apple Card purchases will be automatically deposited into this account, unless customers change this to instead have the cash added to their Apple Cash card in Wallet, as they do today. This option can be switched at any time, Apple says.

An in-app Savings dashboard will display the account balance and interest accrued over time.Currently, Apple pays 3% cashback on Apple Card purchases made using Apple Pay at select merchants, including Apple itself, as well as Uber/Uber Eats, Walgreens, Nike, Panera Bread, T-Mobile, ExxonMobil, and Ace Hardware. Apple Card purchases will receive 2% cashback when Apple Pay is used and 1% back when the titanium card is used or when a virtual card number is used to shop online.

Cardholders won’t have to rely only on their Apple Card purchases to fund their new Savings accounts, however. Apple says that customers will be able to deposit additional funds through a linked bank account or their Apple Cash balance. They can also withdraw this cash at any time, by transferring it back to that same linked bank account (or any linked bank account) or their Apple Cash card, without having to pay fees.

With the launch of the Apple Card, Apple has been moving steadily into the payments market, allowing it to establish a more direct connection with its customers as it ramps up its “services” business, which sees it selling subscriptions to a variety of offerings, including Apple Music, Apple TV+, Apple Arcade, iCloud+, Apple News+, Apple Fitness+ and more. It’s also looking to make Apple Pay a more viable option for shopping online, with news that it will introduce an Affirm competitor, Apple Pay Later, for splitting up purchases into four interest-free payments.

This offering is delayed until 2023, however, Bloomberg reported. Meanwhile, Goldman Sachs has been moving towards becoming a more conventional bank, with its Marcus by Goldman Sachs product, which announced last year it had reached a milestone of over $100 billion in customer deposits after five years of operation. The partnership with Apple will give it another angle into the consumer deposits market.

Apple didn’t offer an exact launch date for its high-yield Savings account, either, saying only it would arrive in the “coming months.” The company said the Savings account feature will ship with an upcoming iOS release, but could not detail which version number will include the option.

“Savings enables Apple Card users to grow their Daily Cash rewards over time, while also saving for the future,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet, in a statement. “Savings delivers even more value to users’ favorite Apple Card benefit — Daily Cash — while offering another easy-to-use tool designed to help users lead healthier financial lives.”

By:

Source : https://techcrunch.com/

Related News:

Apple Card users will soon be able to open a free Savings account at Goldman Sachs Phone Arena

Apple Card gains savings account GSMArena.com

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Live Your Truth  https://jvz6.com/c/202927/379020
Living An Intentional Life    https://jvzoo.com/c/202927/382455
Living an International Life    https://jvz8.com/c/202927/382455/
Local Leader   https://jvz4.com/c/202927/383751/
Local Sites   https://jvz4.com/c/202927/380543/
LocalAgencyBox  https://jvz2.com/c/202927/359468
LocalCentric   https://jvz2.com/c/202927/379339/
LocalioAI    https://jvz6.com/c/202927/378310/
MarketAll      https://jvz2.com/c/202927/386971/
Marketingblocks     https://jvz6.com/c/202927/374934
MarketPresso   https://jvz2.com/c/202927/369837
Mat1 Simple Funnel   https://jvz2.com/c/202927/380197/
Maxslides  https://jvz8.com/c/202927/376842
Mech Forex Robot   https://jvz6.com/c/202927/383447/
MediaCloudPro   https://jvz2.com/c/202927/343635
Megasuite   https://jvz3.com/c/202927/383953/
Mobi First   https://jvz2.com/c/202927/353694/
Motion Kingdom Studio  https://jvz4.com/c/202927/383177/
Movid Animation  https://jvz6.com/c/202927/380385/
MT4Code System   https://jvz2.com/c/202927/376925
My Passive Income   https://jvz1.com/c/202927/384099/
MyMailIt   https://jvz3.com/c/202927/292919
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NichBox  https://jvz2.com/c/202927/370705/
Organic Life Guide  https://jvz8.com/c/202927/366872/
Phemex  https://phemex.com/register-vt1?referralCode=D8HUS2
Photokit  https://jvz4.com/c/202927/373207/
PicsAds   https://jvz2.com/c/202927/385468/
PigMoneyMethod   https://jvz2.com/c/202927/377665/
Pitchdeck   https://jvz3.com/c/202927/347847/
Pixal  https://jvz2.com/c/202927/378775/
PixaStudio    https://jvz1.com/c/202927/373089/
Pixivid   https://jvz6.com/c/202927/385213/
PlanB Muscle Growth   https://jvz1.com/c/202927/36517/
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Podcast Advantage   https://jvz8.com/c/202927/379995/
Podcast Masterclass  https://jvz3.com/c/202927/379998/
PodKastr    https://jvz1.com/c/202927/369500/
Postradamus     https://jvz6.com/c/202927/108695
Power Reviews    https://jvz8.com/c/202927/384625/
Powrsuite   https://jvz1.com/c/202927/376361
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Push Button Traffic   https://jvz2.com/c/202927/301402
QR Verse   https://jvz3.com/c/202927/383865/
Quintex Capital     https://quintexcapital.com/?ref=arminham
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ReVideo  https://jvzoo.com/c/202927/381761
ReviewReel   https://jvz6.com/c/202927/382663/
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RSI SEO   https://jvz6.com/c/202927/384381/
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SocialAgency360   https://jvz1.com/c/202927/385357/
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StreamPilot   https://jvz2.com/c/202927/385431/
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Toon Video Maker    https://jvz2.com/c/202927/357201
TrafficForU   https://jvz3.com/c/202927/381950/
Trendio  https://jvz3.com/c/202927/381003/
TubePal   https://jvz6.com/c/202927/379863/
Tubeserp   https://jvz3.com/c/202927/370472
TubeTargeter  https://jvz6.com/c/202927/377211
TuneMingo    https://jvz3.com/c/202927/386556/
TV Boss Fire  https://jvz6.com/c/202927/379480/
Ultrafunnels A.I   https://jvz2.com/c/202927/381129/
VIADZ Ad Template  https://jvz4.com/c/202927/379307/
Vidcentric   https://jvz4.com/c/202927/376095
Viddeyo    https://jvz6.com/c/202927/382326/
Videevolve   https://jvz4.com/c/202927/381011/
Video Campaignor      https://jvz4.com/c/202927/387058/
Video Games   https://jvz3.com/c/202927/184902/
VideoEnginePro     https://jvz2.com/c/202927/372916
VideoGameSuite    https://jvz3.com/c/202927/366537/
VideoRobot Enterprise   https://jvz8.com/c/202927/291061
VidKreate   https://jvz6.com/c/202927/386029/
VidMingo   https://jvz6.com/c/202927/378359/
VidRaffle   https://jvz2.com/c/202927/386840/
VidSnatcher    https://jvz3.com/c/202927/342585
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Vidzura   https://jvz4.com/c/202927/385754/
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Viral Quotes      https://jvz2.com/c/202927/386984/
VirtualReel   https://jvz8.com/c/202927/376849
Vocalic  https://jvz2.com/c/202927/383848/
VoiceBuddy    https://jvz1.com/c/202927/342854
WebCop  https://jvz4.com/c/202927/378683/
Webinarkit   https://jvz3.com/c/202927/383937/
Webprimo   https://jvz1.com/c/202927/379455/
WordPress Mastery   https://jvz1.com/c/202927/386249/
WowBackgraounds   https://jvz2.com/c/202927/381556/
WP GDPR    https://jvz8.com/c/202927/299907
WP Simulator    https://jvz3.com/c/202927/46987/
Writer Arc   https://jvz1.com/c/202927/386602/
writing job   https://jvz8.com/c/202927/213027
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XFUNNELS   https://jvz2.com/c/202927/310335
Xinemax  https://jvz1.com/c/202927/381749/
YoDrive   https://jvz2.com/c/202927/384700/
Your 3DPal   https://jvz2.com/c/202927/381685/
YTSuite   https://jvzoo.com/c/202927/381179
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