5/7/11

Being Familiar With Executive Coaching

By Maria Rivera


Executive Coaching is an experiential and personalized leader development process that builds a leader's capability to accomplish short- as well as long-term business objectives. It's performed by means of one-on-one interactions, powered by information from different perspectives, and based on shared trust and admiration. The corporation, an executive, together with the management mentor work in collaboration to achieve maximum impact. The coaching partnership is a win-win strategy in which all partners plan the process together, communicate openly, and do the job cooperatively toward the final accomplishment of overarching organizational targets.

The executive, the mentor, and other key stakeholders in the corporation work together to create a collaboration to ensure that the executive's learning develops the organization's needs and crucial business mandates. The professional mentor can be external to the business or an employee. The partnership is based on agreed-upon guidelines, time frames, and specific goals and measures of success. The coaching relationship uses customized goals and approaches, which includes: generation of a development strategy, skill developing, performance improvement, development for long term tasks, and exploration, definition, and implementation of the executive's leadership along with the firm's company goals.

Executive Coaching provides the missing link between the feedback of Boards, Advisory Committees, Management Committees, employers, peers, family and friends. All have a standpoint to share, but the emphasis is not on your dreams, targets, interests, passions, and unique qualities, but what they perceive is most beneficial from their viewpoint. Professional mentors are not quite business consultants, whom you'd employ to handle a specific operational or specialized issue. And they are not psychotherapists, whom you would tap to work through psychological problems. Coaches usually focus on one thing: improving your performance as a leader.

They do this in much the same way sports coaches work with sports athletes: by helping you make the most of your own natural skills and find ways to deal with your weaknesses. A great coach will assure you meet your commitments, act like a grownup professional, and otherwise stay out of your personal way. These are all things almost all of us can use a little bit of help with. There are numerous benefits of coaching and these will be determined by the exact form and type of the coaching relationship. Coaching is really a method through which executives are helped to measurably enhance their overall performance and personal effectiveness while reducing stress. The coaching experience provides the rare possibility to stand back and to a refreshing look at the experiences and assumptions of a lifetime. It facilitates enhanced self-awareness that's required for sustaining positive change.

Executive Coaching helps folks have clarity and well-ordered priorities. It can give them confidence in their position since they have been assisted to think matters through thoroughly. It is not just a ridiculous saying to state that a "problem discussed is a problem cut in half", which has nothing to do with devolving responsibility, just increasing clarity. The coaching process could be used to determine what skill-sets the executive has to develop for the next phase in his or her career and what resources or actions are needed to have this. The coach also provides experience of similar situations from other organizations. While people like to believe that their problems are unique, they hardly ever are, and bringing another industry perspective can be refreshing and enlightening.




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