The Benefits of Executive Coaching

Posted by jpayne on February 2, 2009 under Business Coaching | Be the First to Comment

The behaviour of a company’s leader is crucial to the entire organisation.

The behaviour of leaders set examples that communicate more than anything else. A leader’s greatest tool in leading others is the combination of their personality and behaviour.

While a leader’s greatest contribution is how well they communicate ideas, influence those around them, demonstrate the behaviour they talk about, and inspire others to join together in accomplishing a common goal.

It is a fact that the further up the ladder a leader moves, the greater the risk of loss of constructive feedback.

Giving constructive feedback to anyone is difficult at best for most people. Coaching helps to fill this gap. When done well, coaching accelerates the development of both managers and leaders.

The attraction, retention and development of qualified staff are also key concerns as organisations adapt to an ever changing and challenging world around them. 

Executive Coaches work with leaders to develop leadership skills, encouraging them to lead by example and how to best support their teams to engage in ongoing professional and personal skill learning programmes and to be motivated and committed.

Direct Benefits of Coaching:

It is increasingly recognised that individuals and groups perform better with coaching and this performance translates into business results. Some of the specific ways in which coaching is beneficial include: 

Coaching for leadership. Impacts companies through increased productivity, improved communication, increased staff commitment and loyalty and decreased levels of stress and tension.

Coaching assists individuals to remain loyal and committed to the company in the face of demanding global business hours, language barriers, differing work ethics and economic fluctuations.

Coaching can help prevent executive derailment, which, as some studies suggest, can be as high as thirty-three per cent for senior executives.

Coaching helps managers develop better interpersonal skills. Some common reasons for interpersonal conflict include executives being too abrasive, too controlling and too isolated.

Coaches work with executives to explore these behaviours, to recognise and regulate their self-defeating beliefs, assumptions and actions.

 Coaching helps leaders to think and plan more strategically, to manage risk more effectively, to create and communicate vision and mission.

Coaching aids in developing a culture of trust, commitment and personal responsibility both internally and with the external world of clients and customers.

Coaching enables the executive or manager to leverage his or her personal power more effectively.

Coaching can develop those leadership qualities that have been empirically proven to be associated with success.

These include: cognitive capacity, social capacities, personality style, motivation, knowledge and expertise. 

Julia Payne Associates provides consultancy and coaching to SME’s and FTSE 500 companies. Contact us to discuss solutions that make a clear difference.