Coaching need not end when at high school graduation or when you land that first job. It need not end no matter how many years you’ve worked. Learning is a lifetime exercise. Therefore, a coach is never out of date, and the benefits of executive coaching are numerous. Executive coaching can make all the difference in your career path at your company. Hiring an executive coach is a smart investment.
Bod Nardellis, former CEO of Home Depot said, “I absolutely believe that people, unless coached, never reach their maximum capabilities.” Former Google CEO Eric Schmidt agreed. “The best advice I ever got was to get a coach.”
Coaching is not therapy. Counseling looks at your past. Coaching is all about setting goals for your future and achieving those goals. In business, executive coaching helps your individual performance as well as guides you on your career path.
5 Benefits of Executive Coaching
- Productivity. An executive coach can guide you to be more productive at your job. Hard results mean faster promotions and bigger profits.
- Patterns. We all establish patterns in our lives, some positive and some negative. A coach can observe your patterns objectively and help you evaluate which patterns benefit you and which do not.
- Potential. An executive coach is trained to find your potential and help you develop it to the benefit of you and your company. Your coach can help you with a third-party moderation for 360-reviews, strategic planning and conflict resolution.
- Perspective. Sometimes it is advantageous to have a third party show you different perspectives on your work issues and company style. An executive coach will make you aware of your work attitudes and how your process change, challenges, and conflict.
- Promoting specific skills. None of us walk into a job completely proficient at all the skills needed to perform. Your coach will help you identify your weaknesses and guide you to improvement in communication, delegation, conflict management, team building or persuasion.
The benefits of executive coaching are not only for you. Your entire team benefits because your satisfaction in your job increases and as a result, you and your workmates become more committed to your duties. Of course, coaching requires a desire to learn and grow. Without this motivation, it is a waste of time and money. The right match of coach with trainee is absolutely key to the success of the coaching experience. Without it, the trust required for optimal executive performance will not develop. It is also important to establish exactly what you want from a coach before you begin meeting. A coach is not a therapist and although they can help with inspiration and guidance in becoming the “best you” possible, it is better not to lean on them for emotional or mental development. You can lean on them for career direction and guidance, though. A great executive coach can change the course of your career.
Hiring an executive coach is an investment worth serious consideration.
Sources:
http://www.thewallstreetcoach.com/the-benefits-of-executive-coaching.html
https://www.linkedin.com/pulse/20140205155921-19987-12-ways-you-just-might-benefit-from-coaching
https://hbr.org/2009/01/what-can-coaches-do-for-you/ar/1
It’s crazy that executive coaching has so many benefits! One that really stood out to me is that they can observe patterns, and help you evaluate which ones benefit you. Since you sometimes can’t see what’s good or bad, it would be nice to have someone come in and help you out.
Having an executive coach who can observe your patterns objectively and help you evaluate which patterns benefit you and which do not is a good idea. Being able to find out how you can improve your skills is always beneficial to your career. I would imagine that getting regularly checked by an executive coach to test your improvement would be a good way to be constantly improving your skills.
It’s interesting that you talked about how a coach will be able to add a different viewpoint to help you make any changes. I have been wanting to start a business, and I might use coaching to help get it off the ground. I can see how it would be helpful to have another perspective, because it’s hard for me to notice problems on my own.
Thanks for the great ideas on how to effectively coach your employees. One thing that you mentioned that I really liked was about how a coach can help you become more productive and develop great patterns in the workplace. At my work, I think that we would benefit greatly from a coach because there we could always learn how to use our time more effectively. Thanks again!
It sure got my attention when you pointed out that an executive coach is specially trained to determine a person’s skills and potential and help develop that to their advantage as well as the company’s. I guess I really am in need of a business coach. I am not sure about my potential as it seems it’s so perfectly hidden I have not found it yet. I need someone to help me discover it. Thank you.
I do appreciate it when you said that executive coaches watch and observe the work pattern of the person and determine which they must let go and which they will benefit most from. If so, then I surely need to suggest hiring an executive coach to my younger brother. He has been employed for a while now, and he is yet to figure out which pattern he will benefit the most from. I think he needs help. Thank you for sharing this.
I appreciate it when you said that one of the tasks of an executive coach was to make the person aware of their own work attitudes and change them in a way that is beneficial. This is something that my friend needs since he has been a bit lost since he got promoted, and he appears to be struggling. Perhaps, what he needs to return to the right track is someone who will help him determine where he is going wrong. Thank you for sharing this.
It was really nice that I got to see this article because I learned that by having an executive coach, a person will have someone to assist and guide them to make them more productive in their jobs. A friend of mine has been complaining about his productivity, but he cannot seem to do anything about it. Seeing this article made me realize that perhaps, what he needs is someone who will coach him. Thank you for sharing this.
I did like it when you said that executive coaching will help in such a way that a person learns how to be more productive in their current job. I think that trying this out will help a lot of members of my teams then. They have been interested in improving their work productivity after all. I am sure executive coaching will work just fine for them. Thanks for sharing!
Thanks for sharing your great knowledge about coaching! This is very useful and this is very informative that everyone should know. Thanks for this article! I want to share my knowledge too about business coaching, just visit my profile.
My husband is thinking of hiring an executive coaching service for his employees and I did not realize that there are so many benefits! It is interesting that you say it will help employees to increase their productivity and help the business as a whole. Also, the fact that it will help my husband and his co-workers to learn more about their strengths and gain new skills will be a huge benefit.