Why should you consider Executive Coaching?

What Is Executive Coaching?

Executive Coaching is an executive development strategy that builds leadership and management strength. Executive coaching leverages existing strengths to help people become more successful in their current role, as well as the next level. There are also times when it is necessary to build certain skills, minimize, delegate, or even outsource non-strengths. It may also be helpful to change ineffective thinking patterns or ineffective behaviours.

Executive Coaching is really about understanding where you are today, where you want to be, and learning what is necessary for you to successfully get there.

All Executive Coaching involves action learning and working in partnership with a coach. It is a confidential, personalized learning process. By partnering the coach’s experience, observations, and insights with current skill sets, executives are able to achieve success more quickly and generally with superior results. A coach is a resource for support, feedback, and accountability. The executive’s success is the coach’s only goal.

Who Benefits From Executive Coaching?

Certain senior level executives, such as Directors, Senior Managers, and high potential individuals who have had a history of success in their current or past roles can all benefit from Executive Coaching. These individuals have expertise the organisation values and they are seen as having the potential to contribute at an even greater level than they are currently contributing. However, organisations often see these individuals as having greater potential only if they could increase specific skills or reduce limiting behaviours.

In some cases, the executives themselves are dissatisfied with their level of effectiveness or progress in the organisation. They sometimes know what is lacking in their performance, but do not know how to go about fixing the issue. They may not be getting enough feedback or lack role models within the organisation. They expect coaching to give them a return on their investment of time and money. 

Should you consider ROI of Executive Coaching?

Yes. Since Return On Investment is such a critical consideration to justify an investment in time and money in today’s business world, organisations have the right to expect an ROI in the Executive Coaching process. Therefore, it is best to begin the Executive Coaching process by defining clear business goals that will improve profitability and effectiveness.

The coach is a partner in helping to create a solid ROI as a result of accomplishing the executive’s goals more effectively. As a business partner, the coach will help to:

• Clearly identify leadership behaviours that can be built upon to help the executive contribute to greater levels of effectiveness.

• Increase awareness of blind spots that may reduce success.

• Provide constructive feedback that redirects behaviour

• Identify new behaviours and improvement strategies.

• Develop action plans to maintain forward movement.

Orla Doyle, Executive Coach with Innovo Training and Development can be contacted on odoyle@innovotraining.ie or on 087 67 14117

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