Wednesday, May 11, 2011

The Need For Executive Coaching

By Maria Rivera


Executive Coaching could push your organization ahead. Preferably coaching is a 3-way partnership between the executive, the coach, and the firm, in which all involved agree with particular targets and guidelines. Nevertheless, no one can really control coaching's final results. So should businesses be concerned that the coaching encounter will show valued executives a motivation which leads them astray from the intended organization path- or away from the company altogether?

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.

Executive coaching is an involved process that is designed to aid people to grow rapidly. It is usually work related and centered on enhancing performance or behavior. It's a goal-orientated form of individually customized learning for a busy executive. The essential attributes of executive coaching are that it's a short-term, time limited, purchased, objective specific, action focused, and personally customized way of learning. It makes use of feedback and offers some objectivity. The study found considerable misunderstandings in organizations regarding the variations in theory and in practice between the 'labels' of professional coaching, mentoring and a selection of other one to one support processes. Our report differentiates executive coaching from mentoring, business development, counseling, and psycho-therapy.

New skills required of managers including assessing overall performance, conducting tough conversations, handling discord and motivating teams aren't necessarily skills that come naturally. Part of the need for coaching is due to the standard for getting promoted within corporate America is being good at what you perform, as opposed to possessing the essential abilities for leading others in doing what you do. When it comes to understanding coaching, the International Coach Federation (ICF) states that coaching is all about "partnering with customers in a thought-provoking and creative process that motivates them to take full advantage of their 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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