5/11/11

The Need For Executive Coaching

By Maria Rivera


Executive Coaching could propel your business ahead. Preferably coaching is really a three-way collaboration among the executive, the coach, and the firm, where all concerned agree with specific goals and guidelines. Even so, no one can really control coaching's final results. So should companies worry that the coaching experience will show valued executives a drive which leads them astray from the supposed organization course - or away from the firm completely?

Here's a great way to look at it. If the experience-through coaching or something else discloses an interest that leads an executive away from the company, everyone stands to get more. The executive discovers a much better fit and, preferably, a space in the firm opens up to someone who is inspired by the issues at hand. It's much the same reasoning that companies have gone through regarding leadership-development programs as a whole. The occasional departure of a manager in whom the company has put in a good deal is balanced out many times over by the increased value of those who stay.

Professional coaching is an involved process that is designed to help people to develop rapidly. It's usually work related and focused on improving overall performance or behavior. It's a goal-orientated type of individually tailored mastering for a busy executive. The essential features of management coaching are that it is a short-term, time limited, paid for, objective specific, action focused, and individually tailored way of learning. It utilizes feedback and offers some objectivity. The study found considerable confusion in businesses about the variations in concept and in practice between the 'labels' of professional coaching, mentoring and a range of some other one to one support procedures. Our report distinguishes professional coaching from mentoring, organization development, counseling, and psycho-therapy.

New skills required of managers including evaluating overall performance, doing tough discussions, handling discord and motivating teams aren't always skills that come normally. Part of the need for coaching is a result of the standard for getting promoted in corporate America is being proficient at whatever you perform, in contrast to possessing the essential skills for leading others in doing what you do. When it comes to defining coaching, the International Coach Federation (ICF) says that coaching is all about "partnering with customers in a thought-provoking and creative procedure that inspires them to maximize their own personal and professional potential."

Look for a great Executive Coach, although not your mirror image. Your organization must will give you choice of pre-determined, pre-approved coaches (if not, request for it). Evaluate their bios and meet with them. Market leaders told us ability to develop rapport and business experience was far and away the most crucial factors in selecting a coach. Interestingly, "coach certification" and "cost" were the least important. Opt for a coach you could relate to comfortably, but one that will also challenge you and keep you on your feet. Many of us are victims of living in our own heads and at times we all need assistance getting perspective. It's difficult to gauge ourselves, which is why there is so much worth in having that thought partner bring perspective to our internal conversations.




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