MSMEs in Andhra Pradesh, have undergone a massive shift in recent years following the COVID-19 pandemic. However, one aspect that remains crucial to them is proper hand-holding support and guidance. To help MSMEs get the right coaching, an Australian-based organization named ActionCOACH recently launched its operations in AP.
According to Mr KVT Ramesh, Andhra Pradesh and Telangana’s ActionCOACH regional partner and serial entrepreneur, “business coaching can set it right.”
He launched ActionCOACH in Vizag, Vijayawada, and Guntur in Andhra Pradesh (AP). The organisation approximately serves 30,000 small and medium enterprises monthly in 98 countries and has a 30-year history. With its global experience, it has discovered that companies face similar difficulties in different cultures and places. Business coaching firms, the second-largest profession in the world at USD 30 billion, are lacking in Tier II and Tier III cities.
In an exclusive interview to Vizag Industrial Scan, KVT shares fascinating insights for businesses operating or about to set foot in Andhra Pradesh.
Edited Excerpts:
What made you launch ActionCOACH, an Australia-born business coaching entity in Andhra Pradesh?
Bringing it here was a strategic decision. The state has an immense market and a rising demand for professional business coaching. We identified an opportunity to assist the businesses in navigating complexities, overcoming issues, achieving success and sustaining it.
What is the current state of businesses across sectors in AP?
Andhra Pradesh homes a diverse range of businesses across various sectors. The state government supports SMEs through multiple policies and initiatives.
However, just grants and rebates aren’t enough. They need hand-holding, ease of doing business, knowledge-based solutions and more. We plan to scale AP’s businesses to the next level.
What kind of business coaching potential do you observe for small, mid and large-scale industries in the state?
We have an exhaustive range of offerings, from customized 1-1 programs to Executive Coaching, CEO Coaching, Corporate Coaching, Group Coaching programs, Membership-based learning, Workshops, Seminars, and 12-week training programs.
Small-scale industries, the backbone of AP’s economy, often face challenges like limited resources, competition, and operational efficiency. Our coaches can help them succeed by concentrating on company strategy, marketing, sales, financial management, etc.
We can coach AP’s mid-scale industries to provide strategic direction, leadership development, operational excellence, business planning, expansion strategies, talent management, and innovation.
The large-scale industries in AP can be coached on strategic planning, innovation management, organizational agility, market trends insight, competition analysis, and consumer behaviour.
Are there any specific deliverables to help budding enterprises in AP?
We aim at their mindset transformation. Our business re-education helps them compete. Implementation Support works with company owners to identify goals, build concrete strategies, and implement them. Our services include Profitability Improvement, Team and System Development, Time Management, Global Network Access, and Measurable Results.
How can ActionCOACH’s business coaching help generate revenue for Andhra Pradesh?
We can execute it by empowering businesses across sectors to optimize their performance.
Our tailored coaching programs drive the desired results. As businesses thrive and expand under our guidance, they contribute to the state’s economic development by generating more revenue and creating employment.
Is there a target number you set for business coaching in AP?
Over the next five years, ActionCOACH AP aims to impact over 5,000 business owners by helping them create a commercially profitable enterprise for themselves.
