Reach your individual goals
An executive coach is a qualified professional who helps in managing time, identifying priorities, driving strategy, maximizing critical thinking and defining a powerful vision for the business. Although “Executive” is in the title, this form of coaching is just as relevant for Senior Managers and colleagues in leadership roles and aspiring Executives.
Executive coaching helps leaders successfully reach their individual goals and exceed corporate expectations. Executive coaching also helps the leaders to understand current competencies and how the client is perceived by others in the business organization. This is important because it creates the perfect feedback loop in which executives can gain valuable feedback, advice and opinions to seek continual improvements.
Many of the world’s successful leaders and CEOs have improved and benefited from coaching; Bill Gates (Microsoft), Alan Mullaly (Ford), Larry Page (Google), Steve Jobs (Apple),and Roger Enrico (Pepsi) among others. In a study by Olivero, Bane and Kopelman, one-on-one executive coaching increased productivity by 88%.
The benefits of executive coaching are: heightened self-awareness, increased self-regulation, greater empathy, flexible thinking, higher levels of motivation, improved leadership abilities, achieve development objectives, increased emotional intelligence (emotional intelligence is defined as the ability to be aware, express and control one’s emotions and to handle interpersonal relationships empathetically), better use of time and resources and enhanced overall performance.
For businesses, Executive coaching can help when an employee:
- Is being promoted to a position of management/leadership that requires new skills.
- Is driven to increase probability of promotion.
- Lacks fulfilment in current job description.
- Is looking for transition.
- Wants to improve the ability to influence, inspire and manage others.
- Feels they are on the road to burnout.
- Feels stressed and overwhelmed because of their job.
- Feels the strengths and talent that the person possess are not enough for a future career opportunity.
- Feels the business organization can do better and the executives and staff are not working at their maximum potential.
The ROI (Return on Investment) of Executive Coaching speaks for itself. The Harvard Business Review states “Ten years ago, most companies engaged a coach to help fix toxic behavior at the top. Today, most coaching is about developing the capabilities of high-potential performers. The top three reasons for engaging a coach are:
- Develop high potentials or facilitate transition – 48%
- Act as a sounding board – 26%
- Address derailing behaviour – 12%
Studies over the last ten years report the following return on investment (ROI) from coaching:
Companies that offer training alone experience 22.4% increase in productivity, but when combined with coaching that figure rises to 88%. Gerald Olivero, Denise Bane & Richard Kopelman, Public Personnel Management.
A conservative estimate of the monetary payoff from coaching, according to Fortune magazine, is that managers describe an average return of more than six times the cost of coaching.
Companies who combine coaching with training increase employee productivity over 80%. Bureau of Justice statistics, June 2001.
A Manchester, Inc. study in 2001 demonstrated a 7-fold return on investment from coaching.
Executive coaching can be more cost effective than a leadership training day or course. Coaching is bespoke and individual and reaps greater rewards in terms of interpersonal skills. The changes it brings have a “ripple effect” throughout the clients life and can be far reaching and life-long. This can all be done in a few sessions from the workplace.
|Initial Consultation (discovery)
|4 session package
|4 x 1 hour
|Power Express Session