How Can Executive Coaching Help You?
- Posted by Mustafa
- Categories Leadership
- Date September 2, 2023
- Comments 0 comment
“Coaching is changing and learning process of decoding client’s potential to what he wants to achieve.” It brings out the hidden unstructured diamond from the client’s deepest corner and converts it into beautiful pearls. It works homogeneously as the Chinese proverb does;
“Give a man a fish and you feed him for a day;
Teach a man to fish and you feed him for a lifetime.”
Coaching executives may sound strange, but in a study done by Fortune 1000 companies, 48% of executives that underwent coaching exhibited an increase in work quality. This led to higher engagement and productivity, improving their effectiveness in leadership roles. In this digital world, coaching has its exceptional impact everywhere whether it’s engineering, technology, business or education field, etc. But one of the most favored types of coaching is “Executive Coaching” from a management development perspective.
Executive Coaching:
“Therapeutic relationship for assisting and supporting between an executive client (who has the power to put actions into effect) of an organization and a top-notch consultant or executive coach (who is qualified professional and uses a variety of techniques in achieving client’s goals).”
It helps in improving professional development, personality traits and developing crucial skills and opportunities to become more effective. The most significant thing that does matter in executive coaching is behavioral change.
How can executive coaching help you?
A dynamic, centered, and helpful development tool for executives to help themselves, and their business, surpass over the long term. It helps you in determining, what you are? What you can do? How you can?
“Delivering today’s performance in building tomorrow’s opportunity” is the main objective of executive coaching.”
But how to deliver performance in the right direction? That demands proper instructions. For usage instructions, you just need a proper coach. According to Bill Gates:
“Everyone needs a coach- We all need people who will give us feedback. That’s how we can improve.”
A good coach is a game-changer as well as a life-changer who polishes your skills and transforms you into your best version in front of the entire world.
It helps in taking
1. Skillful actions
- Time management
- Delegation
- Networking
- Optimizing engagement by delivering maximum results
2. Insights
- Understanding business politics
- Recognizing the imperative for change
3. Accessible
- Self-awareness
- Increasing emotional intelligence
4. Authentic Vision
- Creating a compelling picture of future
- Developing greater mental complexity
Executive Coaching Process
Executive coaching is not all about telling, teaching, or giving advice, counseling, correcting mistakes, mentoring, managing performance, and focusing on behavior problems.
But it’s all about
- Building Awareness
- Gathering & giving feedback
- Facilitating learning
- Creating action plans for goals achievement
- Identifying development opportunities
- Supporting and encouraging
- Monitoring problems and holding people accountable
Benefits of Executive Coaching
The benefits of coaching are many; 80% of people who received coaching report increased self-confidence, and over 70% benefit from improved work performance, relationships, and more e‑effective communication skills. 86% of companies report that they recouped their investment in coaching and more (source: ICF 2009). It proves beneficial to the individual as well as for the organization. Executive coaching involves challenging unconscious beliefs, expanding your vision, formulating and realizing expanding outcomes, raising self-awareness, expanding your consciousness, bringing you out of your comfort zone. Some key benefits of executive coaching are;
1. Identify issues and their solutions
Executive coaching provides us with clarification on our goals. It helps in analyzing the sensitivity of a goal where it may lead or where it may lag and provides solutions on how to handle them. It helps people to deal with specific problems or enhance their performance when absorbing a very difficult work role.
2. How to manage risks and crises.
Creating action plans, building awareness, and taking advantage of coaching helps you in monitoring problems, managing risks (financial, time, etc.) and crises.
3. Holding on talent and supervision
By executive coaching, the ones who benefit themselves and engage their team-members also, are in the hidden cameras of the company. The company wants to retain these talents to keep staff organized.
4. Increases productivity
This is the most economical factor that is the focus of all companies. Every organization wants to increase its productivity in the market. Their profit depends on this productivity. So, Executive coaching helps increase productivity by its strong strategies and methods.
5. Personal development, learning, and satisfaction
Coaching leads executives to personal development, learning and satisfaction through support and tailored guidance. Executive coaching helps in developing self-awareness, communication skills, empathy, clarifying goals, and making aware them of their potential. This can also lead to the development of core leadership skills such as communication, confidence, and empathy.
6. Greater perceptions and creative outlook towards future decisions
It refines our strategies with digital and modern techniques and provides us with greater insights (understanding organizational politics).
Solution:
Customize to your Business and Industry, taking your company challenges into account. Engenius (Executive Education) is a platform that is providing and facilitating employees as well as individuals with such training and programs for organization as well as personal development. An unconventional approach to learning – project-based & experiential, assessments & group presentations. Proven track record of delivery, and not matched with any other offering in the market. After almost 20 years of executive learning, Engenius focuses on poignant and impactful leadership skills, personalized learning, and precise and measurable growth. Find us more on our official website: https://engeniusonline.com/