Tag: business coaching

5 Benefits of Executive Coaching

Shannon Cassidy 11 Comments

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 Therefore, a coach is never out of date, and the benefits of executive coaching are numerous.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

  1. Productivity. An executive coach can guide you to be more productive at your job. Hard results mean faster promotions and bigger profits.
  2. 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.
  3. 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.
  4. 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.
  5. 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

 

4 Ways to Improve Your Emotional Intelligence

Shannon Cassidy 2 Comments

A recent blog post from the Harvard Business Review questioned whether people can really improve their Emotional Intelligence. Tomas Chamorro-Premuzic wrote our emotional intelligence is relatively stable, but not rigid. He notes change requires “a great deal of dedication and patience.”

What are we talking about here? Emotional intelligence describes a person’s ability to understand her own emotions and the emotions of others. Insights from emotional IQ are useful for improving all professional and personal relationships. Quite simply, you make better decisions when regularly considering this information.

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Here are four tips to help you improve your emotional intelligence with the recognition that change takes time:

1. Become a better listener. A big mistake people often make in the business world is thinking about what they want to say next instead of listening to other participants in a conversation. If you tune in to others, you will catch important clues about their emotions and choose more appropriate responses.

2. Acknowledge your weaknesses. According to the Four Branch Model of Emotional Intelligence (Mayer and Salovey, 1997), emotional intelligence involves the abilities to accurately perceive your emotions and those of others, use emotions to guide thinking, understand emotional meanings, and manage your own emotions. You may be weaker in one or more of these four areas.

3. Set a goal. You are going to increase your emotional intelligence by setting a personal goal and taking incremental steps to reaching it. If you know you need to focus on understanding emotional meanings, you can work with a professional to recognize the signs people give you. Stopping to think about emotional meanings can help you avoid many difficult situations.

4. Improve by up to 25% by following a well-designed coaching program. Chamorro-Premuzic noted working with an executive and business coach can help you make improvements in your emotional intelligence. Ensure you are working with a coach who is giving you the right feedback.

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