Why executive coaching is important




















Navigate Change Change is constant in all areas of life, but particularly in business. Objective Support and Feedback Executive positions come with the expectation that they will hold the answers to questions posed by their teams.

Customised Leadership Development The benefits of coaching encompass the development of critical leadership skills and qualities with time and space dedicated to providing leaders with the opportunity.

Improved Productivity to Achieve Results A main objective of leadership is to ensure that you and your team achieve results. Builds Confidence No matter who we are, or what position we hold within our organisation, we are all prone to self-doubt every now and then.

Leadership Skills - My Top The "Silence Breakers". Top 10 Leadership Skills in Becoming a Choice Architect to Change Behaviour. Tis the season for reflection. Why Can Trust be So Hard? Leave a Reply Want to join the discussion? Feel free to contribute! Current executives. As coaching clients, CEOs, in particular, may be unaware that the competencies that have gotten them to the top may not be the ones that will ensure their continued success.

Moreover, CEOs tend to be very dynamic people who are not always receptive to unsolicited feedback. Staff members may avoid saying what needs to be said, fearing a "kill the messenger" response, reprisal or exclusion from the inner circle. If C-suite occupants perceive coaching as a practice that comes with the territory, they may be more likely to be receptive to it, making it an effective tool in addressing their development. Executive coaching is a practical, goal-focused form of one-on-one development.

C-suite coaching clients are typically looking for a thinking partner with whom to discuss decision options, expand perspectives, balance work and home activities, and strategize through difficult or unusual circumstances.

Strategic coaching should integrate organizational and personal needs. Each engagement should be custom-designed, focusing on a leader's particular development goals. The CEO typically needs six to eight months of one-on-one coaching to ingrain new behaviors. Practice, observation and feedback are key to changed behaviors. Potential executives. Many individuals who currently hold executive-level positions are nearing retirement.

Organizations want changes in leadership to occur with as little disruption as possible. To increase the chances of a smooth transition, companies are using coaching as a means of developing the next generation of leaders. Factors such as an individual's outstanding achievement of development objectives, positive assessment from the coach, and the coached individual's ability to take on new tasks are also recognized benefits of executive coaching. In light of this looming change in executive-level positions, the funding traditionally directed toward senior leaders has begun to shift to first- and mid-level management.

See Developing Organizational Leaders. Supervisors and managers are on the front lines of organizational performance and need to develop skills to motivate collective effort.

Sometimes, supervisors and managers lack necessary people skills, such as skills in setting goals, delegating, providing accountability, delivering effective performance reviews and even coaching itself. Coaching can help them develop such skills. A manager probably has succeeded at a supervisory level and been promoted or hired into a higher level. Accordingly, the manager may benefit from coaching on big-picture issues or may need polishing in a particular area such as delegating work, time management, team-building, performance management, hiring, or communication or negotiation skills.

Similarly, a supervisor is often a person promoted from the rank-and-file and, as such, may benefit from coaching on how to effectively transition to the new role of being a boss. See What tips can we offer for new managers who were formerly peers?

Coaching can be an important developmental approach for HR professionals. Perhaps the most pressing reasons HR professionals seek coaching are to help them become more effective in:. Coaching can also be an effective tool to support an organization's diversity, equity and inclusion initiatives, although organizations must take care that such efforts do not amount to unlawful discrimination. Diversity-based coaching activities might focus on:. As the business world continues to evolve in a global marketplace, executive coaching takes on a new dimension: cross-cultural perspectives.

Whether company leaders are dealing with cultural changes through mergers or acquisitions or working with a workforce of different ethnic and national viewpoints, values and expectations, coaches can be effective in helping executives navigate cross-cultural environments. In this age of consumer-directed health care, health coaching is taking on a more prominent role in educating and empowering employees to make smart health care purchasing decisions—and smarter decisions about their own health.

Studies show that individuals who participate in health coaching are better able to navigate health care services and ultimately reduce health care spending. Coaching can also be applied to a variety of other situations, including internal transitions such as:.

A successful coaching career requires a combination of skills, credentials, experience and business acumen. To qualify for a regular position as an executive coach, a person might well need to have a graduate degree in organizational development or leadership development. For HR professionals with the right background and credentials, coaching can present significant opportunities. Coaching careers usually involve external consulting.

Getting one's foot in the door for independent consultants is an exercise in self-marketing, networking, website establishment, credibility establishment with the corporate community and an ever-expanding list of coaching success stories that one can write about and share with prospective clients.

Virtually all coaches offer additional services such as consulting and training. While the profession continues to grow, it has currently outpaced its research base demonstrating the return on investment ROI and return on expectation ROE delivered from professional coaching services. The development of consistent metrics that clearly communicate the value of the services is currently one of the challenges to the growth potential for the profession. While most coaches are external contractors, internal coaches are becoming more common, especially for mid-level employees.

Some large organizations employ coaches on their regular staff. Book: A Manager's Guide to Coaching. Building strong coaching cultures for the future. Goals will be created to enable leaders to pinpoint their weaknesses and track their progress. Reflective sessions with a coach empower a leader to fully recognize their improvements and appreciate the work they have done to meet those goals.

Leaders gain new perspective on everyday responsibilities from their coach. The coach pushes them to step back and reflect when a leader is having a bad day or week, often uncovering a deeper problem. Coaching reduces narrow-minded thinking in leaders. Coaches encourage the leader to open their thought patterns and consider other points of view by asking questions.

This benefits the leader by provoking free thoughts and encouraging flexible leadership. Coaches will highlight areas of communication that need improvement and practice those areas with the leader.

Coaches can also teach leaders how to communicate with individuals of different personality types, cultures, or ages using their past experiences as examples. More specifically, studies found support for improved productivity , customer service, relationships, teamwork, and job satisfaction. The author highlights four key OD values that coaches need to espouse and their related competencies that coaches should have. The first is respect and inclusion, meaning that a coach needs to equally value input from everyone.

Coaches also need to follow the ethical guidelines and standards of the coaching profession. Coaches need to establish trust with the client and have a collaborative presence.

The third value is that of authenticity; coaches should act in-line with their values and encourage their clients to do the same. The skills specific to this value that the author notes are active listening, powerful questioning, and direct communication.



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