Executive Coaching Can Be A Proactive Tool For Leadership Development
With the first month of 2017 coming to a close, here are some helpful tips you and your fellow business colleagues can keep in mind.
If you’ve never considered undertaking any sort of leadership or business coaching, this may be the year to try out different methods of decision-making and goal-planning.
As our city blossoms and our economy welcomes in more global partnerships each year, it is wise to assess the way we choose to do business and how we can best target our growth.
Read on to learn more on the benefits of hiring an executive coach and what advantages you’ll have that are specifically tailor-made to your company’s needs.
Last week I had the opportunity to speak with two young leaders in our community. They both were inspiring entrepreneurs, early 30s, highly educated and very smart. Both of them have very similar challenges: Their businesses grew fast, a nice problem to have. Now they must transition very quickly from their role of knowing and doing everything themselves to leading others to get things done. I suggested they consider that they need to move from working in the business to working on the business.
Next step: Being the leader
Being an effective leader on any level of the hierarchy is challenging at best. However, without an extensive “leadership toolbox” combined with the right attitude and habits, it is almost impossible.
The Upstate benefits greatly from global business opportunities and needs leaders ready to act in the given environment. The growing pressures of global competition and a fast-paced business environment fuel the demand for increasingly effective business leaders. These leaders bear the responsibility of setting the tone and style for the organization, their teams and any individual they interact with. They are also effecting cultural shifts to meet changing values and expectations. Consequently, leaders themselves must change and adapt, and be prepared to continue to change. No organization would develop a long-term strategic plan without taking stock of its current resources and historical data. The same principle holds true for entrepreneurs, an organization’s leaders and executives.
It’s commonly assumed that those who are in a leadership position no longer need personal development. That’s seldom true. Unfortunately, personal growth opportunities for leaders are regularly underutilized, because leaders are often insulated from meaningful feedback. Especially in smaller organizations and family businesses, the challenge is the lack of role model variety that could be most enriching. A professional coach typically comes with an extensive foundation of knowledge and experience, will provide appropriate feedback, add necessary content and becomes an “interactive sounding board” for the client.
A structured coaching process is generally regarded by developing leaders as a valuable privilege and a powerful tool for star performers who wish to shine even brighter — akin to the world-class athlete who seeks coaching in order to excel. The process also benefits the leader who has potential, but for some reason is not meeting his expectations. A professional coaching engagement helps improve performance and personal effectiveness while reducing stress. It offers a rare opportunity to stand back and take a fresh look at the experiences and assumptions of a lifetime. Keep in mind that a professional coach is potentially the only person one interacts with who has a single focused agenda: the success of the client. The process enables the leader to do the following:
- Identify inner resources.
- Target areas for growth.
- Promote a healthy balance between career and personal life, so he or she can sustain the vitality necessary for effective leadership.
- Uncover specific behaviors and habits that need to change in order to enhance short-term and long-term performance.
- Challenge underlying beliefs and values, and offer possibilities for fundamental change that will enhance the overall quality of life, personal and professional.
A professional coach offers direction and assistance, but the individual client always retains freedom of choice. With the support of the coach, a coaching client is responsible for discovering the self-knowledge that forms the foundation for continued growth.