Scores of major companies have made Executive Coaching a core part of their learning and development strategy. Their understanding is that, under the right circumstances, one-on-one interaction with an objective third party can provide a focus that other forms of training and organisational development cannot match.
Coaching was once thought of by many HR professionals as a way to address and correct underperformance. Now it is far more widely used in identifying, developing and supporting high performers and achievers.
Due to a demand from organisations for immediate and lasting results coaching has evolved to support, or in some cases replace, the more traditional methods of executive development. Executive coaching is able to deliver feedback and guidance in real time, addressing real problems whilst developing leadership capability within the context of the individual’s role. It is truly bespoke personal development.
Executive Coaching, at a fundamental level, provides executives with a number of tangible benefits. A coach is an objective external resource, a trusted advisor, a confidant and a partner who provides guidance and insight whilst challenging your thinking as a leader.
As the working environment becomes more complex, the pressure put on executives today often exceeds that of their predecessors. Executives are now expected to manage more complex activities with fewer resources and are regularly juggling conflicting and changing agendas or leading a shift in company philosophy. They cannot rely solely on their leadership team, senior advisors or peers to provide input, because they too have their own crises to handle. The executive coach provides a unique service entirely focussed on supporting the coachee and enabling their success. They ask questions of a purely objective nature and keep the discussion focused. Coaching results in a leader’s enhanced self-awareness, clearer goals, improved communication and ultimately better decisions.
As executives’ lives continue to gain speed, they are expected to manage more, do more, learn more, and handle more at a rapidly increasing rate. With this recognised need for continuous improvement they will need the assistance of expert coaches to help them make better business decisions, polish their skills and balance their lives.