Rahul is a senior manager in a multinational corporation. While he possesses many traits of a born leader, he tends to put down his employees to demonstrate authority. He doesn’t ask for employee inputs, sets unrealistic expectations and fails to communicate effectively with his team. To groom him for the next rung on the corporate ladder, top-level management recommends an executive coach to Rahul as part of an executive coaching program.
Executive coaching helps Rahul come to terms with his shortcomings and make tangible performance improvements. He learns to question his assumptions, empathize with his employees and build more productive working relationships.
What Is Executive Coaching?
Executive coaching is the process of assisting high-performing individuals in leadership positions, such as executives and managers, to reach their full potential. The purpose of executive coaching is to help emerging leaders identify and achieve professional goals, refine existing skills and improve workplace competency so they’re able to deliver greater value to their teams and the organization as a whole. Executive coaching in a more corporate setting is known as corporate executive coaching.
Benefits Of Executive Coaching
A study of Fortune 1000 companies showed that 48% of leaders who went through coaching demonstrated an increase in work quality, which led to higher engagement and productivity. They were more effective in their leadership positions, successfully motivating their teams to success. Here we explore the key benefits of executive coaching:
Executive coaching focuses on a leader’s areas of improvement. An executive coach adapts their approach to a client’s needs, helping them develop a powerful presence and master key skills like communication, team-building and people management. When leaders function to their full potential, employee performance improves across the organization. As a result, organizational productivity increases.
Organizations often turn to executive coaching as a powerful workforce development strategy. It helps high-potential individuals regain a sense of purpose in their work through behavioral assessments, goal setting and individual development plans. Emerging leaders know that the organization is invested in their success; they feel valued and are more likely to stay on for a long time.
Reflective executive coaching empowers leaders to think for themselves, perceive others more clearly and come up with their own innovative solutions. An executive coach asks probing questions, challenges assumptions and shares their observations with their clients instead of merely giving advice. Gaining new perspective, leaders are able to recognize their strengths, assess their weaknesses and grow as an individual.
Creating Positive Feedback Loops
Receiving effective feedback is just as important to a leader as it is to any other employee in an organization. Without this, leaders will not know what they’re doing well and where they’re going wrong. Executive coaching triggers positive feedback loops through which senior leadership can analyze the quality of their work and make necessary adjustments for continuous improvement.
While helping leaders maximize performance, executive coaching also helps build a powerful pipeline of promising employees who are ready to take on leadership roles and can carry the organization into the future.
Top Three Characteristics Of An Executive Coach
Effective executive coaching requires a quality executive coach. The best executive coaches are experts in their field and have years of real-world experience, which they leverage to guide their clients through demanding workplace situations. Let’s look at the top three characteristics that set them apart.
Emotional intelligence is a highly sought-after quality in an executive coach. A high degree of emotional intelligence allows an executive coach to empathize with their clients, remain calm under pressure and effectively defuse conflicts. They are invested in their client’s success and are able to develop impactful, positive working relationships with them.
Active listening fosters trust, transparency and mutual understanding in the executive coaching process. The best executive coaches are skilled in active listening. They are able to connect with their clients, identify core issues hindering their progress and help them turn their goals into actions.
Convincing Feedback Skills
Not every client is receptive to constructive criticism and feedback. A good executive coach can deal with resistance and deliver feedback in a convincing and persuasive manner—in a way that makes their client most likely to utilize that feedback productively.
An executive coach acts as a sounding board for their clients. With their help, leaders gain self-awareness, learn to leverage their strengths effectively and resolve blind spots in performance.
Get The Ball Rolling
Adopting the right approach is crucial to achieving the desired results through executive coaching. An executive coach must be able to tailor their methods to their client’s needs to keep them engaged throughout the process and fulfill the purpose of executive coaching.
Harappa’s Inspiring Faculty Program is designed for experienced faculty eager to keep pace with the ever-changing landscape of learning. It helps them understand client preferences, create a safe space and instill a culture of healthy group discussions.
Built on Harappa’s 10 on 10 pedagogy, the program is mapped to must-have “Thrive Skills”. These include coaching and mentoring, creative problem-solving, empathetic listening, confident facilitation and masterful storytelling. Application-oriented concepts such as Meta Cognition, Visual Thinking and Johari Window aim to achieve transformative behavior shifts in the faculty.
Want your faculty to master executive coaching? Get the ball rolling with Harappa’s Inspiring Faculty Program!
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