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When
You're at the Top and You Need to Succeed--
How Coaching Helps Executives
Create Sustained Success
By Jim Jenkins |
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In today's rapid-fire business environment,
executives have little time to hone their leadership skills.
As a result, many latch onto quick solutions that rarely work.
Many executives turn to management books for help. They often
select titles based on length - reading as many pages as possible
on a plane ride - rather than real instructional value. Often,
executives are left frustrated after consuming these books.
The solutions are superficial and don't lead to the exact
results most executives expect.
The fact is, management takes more than "one minute,"
and figuring out where "the cheese" is doesn't explain
complex organizational dynamics. If intricate business issues
could be solved in '100 pages or less, why do so many leaders
struggle to become tops in their field? And what can they
do, given their tremendous day-to-day job pressures?
One solution for an executive seeking long-lasting change:
Engage a qualified "executive coach."
What is coaching?
In the past few years, coaching has emerged
as one of the most effective ways to cultivate professional
and personal skill sets for both teams and individuals. Typically,
someone other than the executive's supervisor does the coaching.
This allows for greater objectivity and the freedom to experience
learning on a person's own terms.
"Executive coaching" is the term used to describe
coaching for senior business leaders. There is a collaborative,
individualized relationship between an executive and a coach.
The goal is to inspire sustained behavioral change and to
transform the quality of the executive's work and professional
life. Even though executive coaching focuses on work situations,
coaching can often result in significant personal transformation
as well.
Some areas in which executive coaches can
help include:
-Developing interpersonal and communication
skills;
-Managing time;
-Balancing work and life issues;
-Dealing with conflict;
-Thinking strategically for business planning;
-Improving customer service.
A 2001 study by Manchester Inc. showed that
coaching brings about major changes in developing leadership
and management skills. Coaching also fosters personal growth,
business agility, and enhanced communication skills, all of
which can significantly impact a company's bottom line.
Coaching is a conversation. It's a dialogue
between a coach and a client that focuses on achieving results.
Whether it's learning how to communicate better, balancing
multiple priorities, or making effective presentations, coaching
helps people access the things they know.
Coaching is also learning. The coach is not
a teacher and isn't necessarily an expert in the fields of
those they're working with. But a coach can observe behavior,
assess what the client isn't seeing, and create ways for the
coachee to act in a new way.
How coaching works
Coaching involves listening, reflecting,
asking questions, providing self-observations, and doing exercises.
The coach creates an environment where the client ultimately
becomes self-correcting (learning how to correct the behavior
themselves) and self-generating (creating their own questions
and answers).
Coaches must ask the right questions. A coach
engages in a collaborative alliance with the individual to
establish and clarify a purpose and goals, and then develops
an action plan. Sometimes a coach will get permission to ask
others about someone's job performance and present the findings
to the client. This often creates an opportunity to gather
genuine, anonymous feedback about a supervisor's management
skills without putting employees at risk.
Change and transformation are also key. Coaches
enable the individual to grow and generate new behaviors,
striving for long-term performance. Behavior patterns are
tough to change. But a coach observes the habits and opens
up new possibilities, providing support during the difficult
process of change.
Coaching in action
Tracey, a training director for a technology
firm, would try over and over to get organized. She went to
Franklin Covey training and purchased a Palm Pilot. But she
was still losing many hours of productivity trying to organize
her multiple projects and deadlines. After attending four
different workshops on time management and using several software
packages, Tracey still could not get organized.
Her next move: Hire an executive coach. The
coach helped Tracey realize that she was trying to fit into
systems that didn't support her work style. Tracey was a highly
visual person who needed to see things in order to find them.
Her coach worked with her to design a large wall rack so she
could see her projects and folders every day. This small change
had an immediate impact on her work.
Almost overnight, Tracey became more organized. She even found
time to start writing a book, a project she never had time
for before. Within a year, Tracey's job performance not only
improved, she found that she was more organized in managing
her finances when she applied the same approach at home.
Return on Investment
Coaching offers a very attractive return
on the initial investment, or ROI. This is one of coaching's
most significant benefits, as a developmental tool.
The most widely cited research on coaching
comes from a 200' study by Manchester Consulting. One hundred
coaching subjects were asked to estimate the monetary value
of their coaching experience. From there, Manchester developed
a "conservative ROI" estimate of the coaching. The
study determined that coaching returned more than five dollars
for every dollar spent.
Executives who engage coaches understand
that changing a behavior doesn't happen overnight. They understand
that no book speed-read will transform their careers. Coaching
involves a real commitment to deeply understanding the changes
that are needed to increase an executive's effectiveness.
And by going beyond the bullet points in a '100-page management
booklet, coachees have given themselves a competitive career
advantage
Jim Jenkins is a certified
professional coach, owner of Creative Visions Consulting, and
co-founder of Innovative Play LLC in Frederick, Md. He specializes
in partnering with executives, front-line managers, and HR professionals
who are committed to creating sustained success in their professional
lives and in their businesses. For details, call (866) 322-8263
or visit http://www.cvc-inc.com.
jimjenkins@cvc-inc.com
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