Individualized Development – A balanced path to Executive Coaching
Executive coaching as a means to improve one’s skills and
abilities is a fairly recent phenomenon within organizations as a favorable
activity for personnel in the C-Suite. In the 1970’s companies rarely talked
about coaching for their executives, although it is suspected that the practice
occurred, but behind a veil where it was not studied or discussed. In the
1990’s executive coaching started to receive more attention. Executive coaching
was a tool used oftentimes as a last resort for executives who had behavioral
issues or personalities which threatened the dynamics or culture of an
organization. However, since the beginnings of the twenty- first century,
executive coaching is being used as a developmental tool for high-potential
employees and executives transitioning to new roles, taking on additional
responsibilities, or in need of exercising additional influence within the
organization. In the ever-changing business environment it is expected that
executive coaching will be needed for many managers and executives as they
navigate their road to the C-Suite and within the C-Suite. A study by Stanford
Leadership Development & Research and the Miles Group found that
"Nearly Two-Thirds of CEOs Do Not Receive Outside Leadership Suggestions –
But Nearly All Want It"
Successful
Executive Coaching Relationship
The ultimate purpose of enlisting an executive coach is to
assist in improving the personal and professional growth of managers and
executives which will positively influence their leadership, co-workers and
direct reports. It is important when entering into an executive coaching
relationship that the manager or executive is prepared for the investment (both
financially and emotionally) just as in a successful venture. Therefore,
managers and executives should think of success in four major areas of the
relationship:
·
The
Executive Coach
·
The
Manager or Executive
·
The
Relationship between the Coach and the Manager or Executive
·
Organizational
Support
Role of an
Executive Coach
Do you ever wonder what an executive coach does? I get this
question all the time. An executive coach’s job is to partner with you and
gently nurture, as you write your story. What do I mean by this? Whether you
want to improve your business, career, or personal circumstances, the executive
coach’s role is to provide a forum and process to help you maximize your
potential. In other words, as your story is unfolding, your coach’s job is to
help you to write your best story, a great story. It is important that you work
with someone that will help keep bias out of your story creation. Your story
starts today, and you want to have unlimited possibilities. During your story
you will gain new wisdom and will need course corrections. Everyone’s story has
surprises, and your coach is there to guide you through and to stay accountable
as you reach your full potential!
How do you
select an executive coach?
The Executive Coach
should be selected based on their ability to identify an effect approach for
coaching. A Harvard Business Report recommends that if a coach is unable to
identify the methodology they will use, then organizations should continue
looking for a coach that can articulate their approach for coaching. The
methodology could be through 360 degree feedback or psychological assessment or
other reputable methods. However, they should be able to easily respond to this
question. Furthermore, it is important that the coach is trustworthy. The coach
and the manager or executive will likely share intimate aspects of their
professional life, and possibly their personal life, and the coach should be
able to be seen as one that will keep the appropriate confidences. Equally
important is the ability of the coach to demonstrate commitment to the employee
being coached. This commitment will help to garner commitment from the employee
being coached. Lastly, the coach needs to be someone that communicates
effectively with the manager or executive being coached and should have a way
to motivate others to perform their best while overcoming barriers to their
success.
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