“Executive coaches are not for the meek. They are for people who value unequivocal feedback. All coaches have one thing in common: they are relentlessly results-oriented.”
FAST COMPANY
Effective coaching is an important key to improving business performance. Executive Coaching focuses on the qualities of good leadership and the improvement of business results. It is made up of a series of structured one-on-one interactions between a coach and a person in a leadership position. Executive Coaching is aimed at improving the individual and organizational performance of a leader.
The business case for executive coaching
Research
o Goleman and Boyatzis’ research shows that the key indicator of failure for young executives is their inability to develop empathy.
o Gartner Group research shows that the key factor in retaining high-quality employees is having a favorable relationship with their supervisor where they experience the opportunity to be treated like adults and have the opportunity to grow and develop.
o Metrix Global research shows that coaching led to improvements in retention, cost savings, productivity, job performance, and sales with 69% of the improvements attributed to coaching.
o A study of 100 executives from Fortune 1000 companies conducted by the Manchester Group found the following results: 5.7 times the initial investment in coaching is recovered through coaching, a 53% improvement in productivity of executives who receive coaching and a 48% improvement in the quality of executives receiving coaching
What are the benefits of executive coaching? They include achieving more business and personal goals, clarifying the causes of behavior and creating a strategy for long-term change, developing emotional intelligence competencies, improving leadership skills, learning conflict and change management skills, improving job performance, and supporting succession planning.
Executive coaches work with executives, corporate leaders, senior professionals, entrepreneurs, accountants, attorneys, and business owners in a wide range of industries to make you more valuable to you and your organization. Executive coaching can help you become a leader who motivates, inspires, and innovates, deals with difficult people and problems, makes better-informed decisions to lead your company, and uses your time and energy more effectively. You can benefit from executive coaching in the areas of leadership development, communication skills, emotional intelligence, and resilience.
The most successful clients in executive coaching have the following characteristics. They are highly motivated to maximize their full potential, they are open and honest with themselves and the executive coach, they realize that if they want different results they must do things differently, they are open to learning in a better way, often taking advantage of their own inner resources and excited about making a commitment of time, money and moving forward with action.
“The significant problems that we face cannot be solved at the same level that we were
when we create them.
__Albert Einstein
