Executive coaching is a mutually organized relationship between a professional coach and a “key contributor” who has a dominant position in an organization. The coaching is contracted for the benefit of the client who is responsible for complex decisions in the organization. Coaching is a strong means to enhance a leader's ability to understand self. By forming a strong coach – client relationship, personal growth and organizational accomplishments are likely to occur. An executive coach is a qualified professional who works with executives to help them gain self-awareness, clarify goals, achieve their objectives and act as a sounding board.
They assist professionals at the workplace to help facilitate organizational changes. Executive coaching lays stress on helping individuals go from where they are, to where they want themselves and their organization to be. It not only enhances executive learning, but also strengthens relationships. The essence of executive coaching is helping leaders to transfer their learning into results for the organization. Thus, executive coaching increases leadership effectiveness, personal and improvements, and enhances reputation within the industry.
Executive coaching has become an asset that continues to yield an increasing return on investment for organizations. Just a few years ago, it was reported that America spent more than $1 billion a year investing in executive coaching for leaders (Source: Entrepreneur Magazine, 2015). It won’t be wrong to say that executive coaching works and is worth the investment. Now, the focus has shifted towards, not investing in millions of dollars on professional development, but rather investing in high potential employees.
Corporate leaders who work with an executive coach can improve by having an experienced and responsible coach who escorts them with effective leadership, maximum achievement, and career development, in addition to identifying weak spots and obstructions. Executive coaching is a reciprocal relationship between a coach and a leader. In today’s fast-paced environment, high performing individuals are expected to possess keen technical skills and exhibit strong leadership. When business leaders make performance from leadership and responsibility, they are better established to make decisions, interact with and lead teams, and provide exceptional customer service.
Self-awareness is the stimulant by which growth occurs. Self-aware executives are better able to handle their weaknesses. If executives have evaluated their blind spots, they won’t be caught by surprise and they’ll be better able to plan for success.
Being aware of one’s emotions brings about discipline to control them. The task of self-regulation is made more achievable. Self-awareness is the foremost step in regulating your emotions and handling the situation with ease and comfort. Individuals with high emotional intelligence have better self-regulation skills. As your coach moves you along the path of greater self-control, you will notice an increased self- regulation in your professional life, too. You gain control over every aspect of your personal and professional life.
Empathy is something that allows people to feel how another individual is feeling. It is the ability to understand someone else’s situation and feelings from their point of view. Empathy is an essential skill for you to have as a coach. It contributes towards proper understanding of your clients, their perception and concerns. It also enhances your Business communication skills since you are aware of your client’s needs. Empathy is a powerful stimulant that soothes the soul of the receiver. It leads to awareness of other people’s emotions and enhanced communication with business colleagues follows.
One of the main elements of emotional intelligence is the ability to view situations from another people’s perspective. when this occurs, your eyes are opened up to new aspects on many situations. In other words, a flexible mentality replaces rigid thinking. By exercising your brain, you boost perception and awareness which will benefit your work in many ways.
Motivation begins with self- awareness. When people are self-aware, they discover intrinsic motivation, and with self-regulation, they channel that motivation in the right direction. Motivation is an essential component to become successful. The difficult tasks, long working hours, and the obstacles, at the work place are not possible without motivation. The coach's role is to create the environment and to provide the opportunity to the client to express their motivation in all that they do.
Executive coaching helps you in becoming a person of value. Social skills make up the framework of successful relationships, whether it’s in the workplace or elsewhere. Teams with high emotional intelligence, have an excess of advanced social skills. They have effective communication skills and they negotiate adequately so that all parties feel like it was a win-win situation. They work well in collaboration, merging their leadership and negotiation skills to help attain the target.
A good coach can help you in identifying your goals and dreams, and about your capability in achieving them. An executive coach can be your support system throughout your journey. Since a coach is not dependent on you for his success, he can be honest with you about how you’re doing, reminding you time and again about your dreams and letting you know about the obstacles that are coming in your way of achieving those goals. Finally, your coach can teach you innovative ways of thinking and operating, new skills that will allow you to better reach your goals and create the career you want.
Over the past few years executive coaching has become very common. It can help you to lead ideas to results. It helps you to look at things in a different way, leading to greater productivity, more progression, with a lower risk and bigger profits. We, at Strengthscape offer a variety of services in the area of people development, executive coaching being one of them. And people aren't just tools.
They come in the whole and bring good and bad experiences, passion, strengths, challenges, emotions, habits and aspirations. We help you get the best from your people by not only leading them to the organizational goals but also helping them develop as individuals. In the end, it's the collective brains that will impact the business. Every organization has a unique business environment and different areas of discomfort. That is why we like to begin by listening to your narration. And then by applying our thorough knowledge of anthropology, psychology, neuroscience, training methods and our long business experience, we compose and deliver some unique assistance.
Executive coaching has emerged as a highly effective tool in releasing the potential of individuals and thus enabling companies to boost their performance. At Strengthscape, we understand the critical role of a coach in boosting individual performance. Our highly experienced coaches produce a rich coaching and corporate experience and enable individuals reach their true potential gradually. We understand the complicated challenges faced by executives every day. Our executive coaching sessions support senior managers on a short-term basis as they struggle with complex changes within their organization.