Why Companies Seek Executive Coaching
Executive coaching programs focus on helping executives adjust to new organizational realities and not just survive, but thrive.
Executives most often seek coaching to improve upon:
- Problem solving strategies
- Decision making abilities
- Persuasive tactics
- Influencing others
- Time management
- Conflict resolution
- Delegation of responsibilities
- Team building
- Leadership issues
- Effective communication
- Presentation skills
The coaching programs delivered an average return o n investment of 5.7 times the initial
investment in a typical executive coaching assignment, according to executives who estimated the monetary value of the results achieved through coaching:
- Productivity (reported by 53% of executives)
- Quality (48%)
- Organizational strength (48%)
- Customer service (39%)
- Reducing customer complaints (34%)
- Retaining executives who received coaching (32%)
- Cost reductions (23%)
- Bottom-line profitability (22%)
Other benefits to executives who received coaching were improved:
- Working relationships with direct reports (reported by 77% of executives)
- Working relationships with immediate supervisors (71%)
- Teamwork (67%)
- Working relationships with peers (63%)
- Job satisfaction (61%)
- Conflict reduction (52%)
- Organizational commitment (44%)
- Working relationships with clients (37%)
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Executive Coaching
Executive Coaching is an individualised, one to one relationship designed to assist executives in developing and enhancing their professional effectiveness and on the job performance.
The executive receives comprehensive feedback from a number of sources and then the coach and executive work together to build strategies, alternatives and options to deal with nominated issues.
The following is a list of the major intervention areas I focus on in executive coaching:
- Helping the executive acquire the skills required for a new position, role or prospective promotion
- Coaching high performing executives whose personality style impacts negatively on their relationships with peers, staff and clients
- Working with executives who wish to develop alternate career paths or prospects
- Increasing an executives capacity to manage an organisation
- Increasing an executives personal mastery skills improving and executives ability to balance their work and life demands improving their leadership, management and team building skills
- Working with a leader to coach others through change and transitions.
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