Executive coaching is a tailored process of leadership development that should benefit both the individual and their organization, delivered by a qualified and trusted professional.
Believe it or not, every CEO and member of your Executive Team can benefit from coaching. In most companies, the founder and CEO, along with the other executives, set the tone for the entire workplace and the company culture. Many organizations have been known to take on certain personality characteristics and attitudes – both good and bad – that can be traced up the ladder to the executive suite.
The benefits can be quantified. According to the American Management Association, organizations that use coaching reported stronger market performance. A global survey of coaching clients by PriceWaterhouseCoopers and Association Resource Center concluded that the mean ROI for companies investing in coaching was seven times that of the initial investment. A quarter of the companies in the survey reported an ROI of 10 to 49 times.
Audax HR will build a development program best suited to meet the needs of your executive suite by:
- Building relationships. We know that it’s easier to learn from someone you trust. Coaches must effectively establish boundaries and build trust by being clear about the learning and development objectives they set, showing good judgment, being patient and following through on any promises and agreements they make.
- Providing assessment. Where are you now and where do you want to go? Helping others to gain self-awareness and insight is a key job for a coach. You provide timely feedback and help clarify the behaviors that an employee would like to change. Assessment often focuses on gaps or inconsistencies, on current performance vs. desired performance, words vs. actions and intention vs. impact.
- Challenging your current thinking and assumptions. Thinking about thinking is an important part of the coaching process. Coaches ask open-ended questions, push for alternative solutions to problems and encourage reasonable risk-taking.
- Supporting and encouraging. As partners in learning, coaches listen carefully, are open to the perspectives of others and allow employees to vent emotions without judgment. They encourage employees to make progress toward their goals, and they recognize their successes.
- Driving results. What can you show for it? Effective coaching is about achieving goals. The coach helps the employee set meaningful ones and identify specific behaviors or steps for meeting them. The coach helps to clarify milestones or measures of success and holds the employee accountable for them.
Leadership Development Classes:
- Change Management
- Feedback and Coaching
- Roles Responsibilities Accountabilities & Authority (RA2)
- Interface Alignment
- Decision Making
- Team Building
- Performance Management
- Work/Life Balance
Areas of focus where most clients need guidance:
- Knowledge and use of self – understanding of one’s essential characteristics and qualities: needs, values, strengths, weaknesses, being, identity.
- Communication – the art and technique of using words effectively and gracefully to impart ideas. An exchange of thoughts, messages or information that is effective and clear.
- Impact and influence – the ability to define and communicate an objective or idea in a compelling manner that rallies support. The ability to think analytically and communicate effectively with an awareness of context and others’ styles, knowledge, interests and preparedness.
- Goal setting – the focus on meeting objectives. A goal must have a deadline and be specific, measurable and compelling.
- Partnering for performance and clear agreements – a relationship and agreements among individuals and groups that are characterized by mutual understanding, cooperation and responsibility to achieve a specific goal. Clear agreements are defined as: an understanding or arrangement between people regarding what is going to be done, by whom, how and by when.
Call or email for quotes or for more information to discuss the details for your specific project and executive coaching needs.