Introduction to executive coaching
Executive coaching takes the business coaching process to the boardroom, and usually involves company executives taking part in 1 to 1 coaching sessions, although executive coaching can be provided to groups of executives. Executive coaching encompasses those with managerial responsibilities including company directors, senior managers and middle managers.
Executive coaching is becoming increasingly popular amongst today's dynamic business leaders. This is due to its bespoke nature and its many advantages, some of which are detailed below.
Why have executive coaching?
For those in an executive position, time is a commodity which is often in short supply. No matter how good a person's time management skills are, it is quite likely that they simply do not have time to attend a classroom-based training course, and are unwilling to give up their already short free time to undertake an online course at home in front of a computer, when they may already spend most of the day sat staring at a computer screen!
1 to 1 executive coaching sessions are designed to fit around you and your work commitments. These short sessions usually take place at your premises or over the phone, which minimises the amount of time spent away from your day-to-day duties.
The purpose of executive coaching sessions, as it is with business coaching, is to develop the individual to achieve their full potential. This is done by addressing issues and barriers that are encountered, and consequently hold the person back from achieving their goals or targets. Talking through problems with a business coach who is external to the business can be much more productive than discussing them with a fellow colleague, as there is no risk of hurt feelings, worries about the colleague letting slip any of what is said with others in the organisation etc. An external business coach will be impartial and objective, offering mentoring and guidance, as well as acting as a sounding board upon which the executive can bounce ideas off. Often, just talking out loud to someone can set the creative juices flowing and enable the manager or executive to work out solutions by themselves.
Executive coaching is not only good for overcoming barriers and achieving set goals, but can also be utilised when the business is going through a significant change to which the executive, as well as other staff members, must adapt to in order to survive in the organisation. Taking on a different role(s) will usually lead to more uncertainty, potential burnout or stress for an individual, at least in the short term, and executive coaching can be used to make the transition process as smooth as possible.
Executive Coaching Benefits
Most managers rarely get direct feedback or even hear bad news, and there are few people they can discuss sensitive issues with or use as a sounding board. So, it's no surprise that more and more managers and executives appreciate the confidentiality and personal attention of an executive coach.
Executive coaching works to understand and address your issues and needs in the context of the day-to-day realities of your business. You will improve your performance by:
- Developing greater self-awareness to help you open up more options
- Building more effective personal skills: coaching, mentoring, problem solving, leadership, time management, negotiation, delegation etc.
- Having an honest, objective sounding board to find creative solutions to problems
- Learning to deal with issues, problems and alternatives from fresh perspectives
- Becoming more strategic about work and stop letting day-to-day issues run your schedule
- Developing a leadership style that suits you and gets results
- Balancing your work, home, and recreational commitments
- Having an opportunity to review outcomes and learning
Interested in finding out more about executive coaching?
Due to the bespoke nature of executive coaching sessions, each person will require different session structures and have different needs that need addressing. If you are interested in finding out more information regarding executive coaching and how it can benefit you or others within your organisation, please call us on 0844 800 3295 or contact us online to discuss your requirements with one of our experienced executive coaches. Together, we can devise an executive coaching programme that will help you to achieve your business goals.