Driving IR - Executive Coaching

Executive Coaching

The Ultimate Developmental Relationship for High Level Leaders

Strong, visionary, compassionate, competent, honest leaders develop successful teams and organizations. Recent expressions such as “negotiating permanent white water”, and “riding the winds of change,” reflect a serious need for leaders to develop extraordinary inner resources, knowledge and skills. Executive Coaching positions leaders to design and implement a potent plan for the development of their team, organization, and self.

Sometimes, executive development or decision making requires a confidential, one-to-one relationship where a wide range of issues can be more confidentially explored and resolved. Through systematic assessments and dialog, you can engage in this powerful coaching process that addresses both bottom line and balance of life issues.

Overview

Today the growing pressures of global competition fuel the demand for ever more effective business leaders. It is their responsibility to set the tone and style for the organization – for effecting cultural shifts to meet changing values and expectations. In order to do that, leaders must themselves change, 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. We believe that the same principle holds true for an organization’s senior executives and that is why we offer Executive Coaching.

There is a common assumption made that those who reach board level no longer need personal development; in fact that is seldom the case. Unfortunately, personal growth opportunities for people at this level are rare and one major drawback of being in a senior position is isolation from meaningful feedback.

The coaching program that we offer is recognized as a valuable privilege and a powerful tool for star performers who wish to shine even brighter – akin to a world-class athlete who seeks coaching in order to excel at a new, higher level. The program is also applicable to the executive who has the potential but for some reason is not delivering as expected.

What is Executive Coaching?

Coaching is a process through which executives are helped to improve their performance and personal effectiveness while reducing stress. Our program offers the rare opportunity to stand back and to take a fresh look at the experience and assumptions of a lifetime. Coaching:

-Facilitates the identification of inner resources
-Targets growth areas
-Promotes a healthy balance between career and personal life which sustains the vitality
necessary for effective leadership
-May reveal the need to learn specific behaviors aimed at enhancing short-term or long-term performance
-May challenge underlying beliefs and values and invite more fundamental changes

The coach offers direction and assistance, but the choice rests with the individual. It is he or she that discovers the self-knowledge which forms the foundation for continued growth.

The Coach

The coach has no internal links with the company and therefore can be freely confided in. The coach can have the role of supporter, co-creator, political confidant, and skills developer. Within each role she will bring certain skills:

Supporter                          Counselor                                 Advisor
Listener                             Creator                                    Problem Solver
Idea Generator                   Opportunity Organizer               Political Confidant Challenger                         Influencer                                 Debater
Decision Facilitator             Skills Developer                       Innovator
Thought Expander              Trainer                                     Mentor

Advantages of using a coach include:

Independence, Impartiality, Objectivity
Wide knowledge and experience, Different viewpoint
Experience of weighing opportunities, risks, and rewards

The Process

The coaching process can take a number of forms depending on who the individual is and who is asking for the coaching.

There will normally be a briefing meeting where the situation is discussed and a decision is made as to whether coaching is the best approach to achieve the objectives

A meeting between the executive and the coach is held at which the two become acquainted and matters of confidentiality are decided. From here, the style of the program will depend on what has been negotiated and the outcomes that have been agreed upon.

The coach questions the executive in depth and may give hi/her questionnaires to complete. The coach may watch the client at work and in certain circumstances will interview bosses, peers, and subordinates.

Both executive and coach review and then identify key strengths and weaknesses as well as developmental needs and put together a plan. They work together on the agreed objectives and this process generally ebbs once the executive is established in a steady attitude towards continuous improvement of leadership abilities and has developed an organizational support mechanism for ongoing growth.

Benefits

There are many benefits of coaching and these will depend on the precise form and style of the coaching relationship.

Coaching helps people have clarity and well-ordered priorities. It can give them confidence in their position because they have been helped to think matters through thoroughly.

The coaching process can be used to identify what skill-sets the executive needs to develop for the next stage in his or her career and what resources or actions are needed in order to achieve this.

The coach also brings experience of similar situations from other businesses. While people like to think that their problems are unique, they rarely are, and bringing another industry perspective can be refreshing and enlightening.

Outcomes

Potential outcomes from a coaching relationship can include:

-Greater clarity
-Greater focus
-Improved decision making skills
-Enhanced creativity
-Improved balance in all aspects of life
-Greater effectiveness
-Better performance

Final Thoughts

Executive coaching is often the best way for an individual and an organization to grasp the nettle of change in today’s ever more demanding atmosphere. The process of hiring an Executive Coach is highly personal. Your decision must be based on trust and commitment. Only when both are established can the relationship begin to move forward in a positive and successful direction.

To schedule a complimentary mutual evaluation or for further information, contact us at info@drivingimprovedresults.com or call (212) 923-5820.