Friday, February 25, 2011

The effectiveness of Executive Coaching

The power of
Executive Coaching:
"However, are good people, we believe that they can always be better!"
Executive Coaching is widely recognized as an investment that produces a tangible business pay-back while at the same time help talented people to achieve their personal and professional goals faster.
Many administrators and directors embrace executive coaching because it provides an experience most refreshing, motivational and self-empowering than traditional forms of learning. It is also increasingly seen as an invaluable commitment from society for development staff and one that is often linked to seniority and talent.
Coaching is designed to be very practical and above all, action and results oriented-learning takes advantage of the strengths of the people, improves the effectiveness and business produces positive results more quickly than can be accomplished alone.
As professional coaches act as a sounding board, we help people focus on important issues, let's keep the people responsible for concerted actions and provide a catalyst for positive change-in fact we "shine a torch" while our customers have both hands free to manage the tasks required to achieve their goals.
"Have no regrets about the decisions that take"
Review of Manchester embraces 100 senior executives of Fortune 500 companies
"h ROI was almost 6 times the cost of coaching program (a 2 month payback!).
"h 86% ¡ § ¨ very satisfied ¡ or ¡ § extremely satisfied ¡ is with Coaching.
"h 73% considered the objectives have been attained ¡ § very ¡ or ¡ § ¨ extremely effectively. ¡¨
"h 93% recommend coaching.
Impacts of intangible assets
Tangible business impact
Productivity
53%
Quality
48%
Organizational strength
48%
Customer service
39%
Cost reduction
23%
Profitability
22%
Sales revenue
14%
Improving relations reportees
77%
Improving relations boss
71%
Better teamwork
67%
Better job satisfaction
61%
Reduced conflict
52%
Greater commitment
44%
Best value for customers
37%
Research by the American Society of T & D on the achievement of the objectives
Probability of success
Have an appointment with a specific coach responsibilities
95%
Commit to a friend or a coach
65%
Develop a plan for how to do it
50%
Decide when to do it
40%
Decide consciously to adopt an idea
25%
Listen to/have an idea
10%
Vision Quest research consulting
Vision asked enterprise customers to evaluate the results that are achieved after a year of coaching and have reported:
100% increased their ability to address key business challenges of 75% or more.
79% reported that their vision and objectives were 50% more clarity and purpose.
100% their leadership skills has increased by 50% or greater and felt more effective as leaders.
78% increased productivity of their work by at least 50%.
100% improved working relationships with peers at least 50%.
100% improved working relationships with direct reports of at least 50%.
56% felt their working relationship with their boss improved by at least 75%.
88% improved their job satisfaction of 75% or more.
76% reported that communicate now 75% more effective at work.
68% increased their effectiveness with their team of at least 75%.
100% increased their capacity to deal with the conflict by at least 50%.
80% increased their capacity to at least 50% stay focused under pressure.
67% are now able to balance between work and life issues 75% more effective.
100% recommend leadership coaching to their friends and colleagues.
The role of a coach
The client is of course:
Knowledgeable
Creative
Resourceful
Qualified
Able
Committed
The client is often:
Limited by self limiting beliefs
Stuck in their comfort zone is missing a support structure
Blind for new ideas/options
Fearful of taking action or concerns
Concerned about their ability
Ask questions
You as the expert
Client as expert giving feedback
Consultant
Trainer
Coach
Mentor
Friend
Counselor
The summary covers the benefits of
Executive Coaching:
Improves business performance
Produces positive change
Increases the competence
Produces results faster than generally realized on own
Improves the quality of decision-making
Improve your current effectiveness and competence
Prepares for higher levels of responsibility
Helping your business become more profitable.
Allows you to spend more time with friends and family
Expands the choice
Provides a sounding board and an external point of view
Facilitates a process of change more quickly
Develops self confidence
¡ § Helps ensure that you don't have any regrets about the decisions you make ¡ ¨
Coaching as Executive
Achieves fantastic results
Using a proven model.
Delivered by qualified trainers.
Delivered by entrepreneurs who understand the business.
Converts the strategic goals into action oriented tactical objectives.
Makes your real ¡ ¡ § ¨ goals that documents and getting commitment to achieve them.
The plan integrates your behavioral style.
Provides the detailed structure and direction.
Facilitates a desire to acquire new knowledge and skills.
Establishes the responsibility for the actions and measures the results.
Ensures that all share the same road map.
Motivates and supports through the journey.
The key to success of Coaching:
The coachee ¡ ¡ § ¨ must:
Maintain a strong desire to improve.
Remain open to new ways of thinking.
Be prepared to be patient embraces knowing that the results will be worth it.
Be willing to commit to agreed actions and be responsible for following through.
Be prepared to receive feedback when it ¡ ¦ s mixed or negative.
Be willing to commit time and meet your obligations to attend all scheduled coaching sessions.

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