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Stages & Benefits of Executive Coaching

Executive coaching may be regarded differently by different people. While there may still be some people for whom the concept of “coaching” may carry connotations of remediation, for the most part, this outdated idea has fallen by the wayside. Executive coaching is assisting top executives, managers, and other identified leaders to perform, learn, stay healthy and balanced, and effectively guide their teams to successfully reach desired goals and exceed individual and corporate expectations. Enabling leaders to unlock and unleash their full-potential so they bring greater value and abundance to the people and entities they serve. When today’s executive decides on executive coaching for themselves or perhaps it is recommended by the Board of Directors (in the case of a CEO), the connotations are almost always positive. It says on behalf of the organisation, “We believe in you and your ability to do great things. We’re willing to invest in executive coaching so you can fulfil your potent...

Struggling with workload - what's the answer?

Senior people in organisations have a lot to do. In fact, my experience of working with senior managers and executives across a range of industries is that they have more to do than the time available to do it in and it’s never-ending and relentless! I know from clients, when they experience overwhelm i.e. ‘too much to do’, their automatic response is to work in a way to get through it all, head down. Problem is that when they follow this approach they never actually ‘get through it all’ and they will inevitably rush and take short cuts. This leads to incomplete work, mistakes and in some cases, disaster. So now they have more to do – redoing work, putting out fires caused by the incomplete work and dealing with the fallout. I think that most senior managers would recognise what I am talking about. You might ask “What’s the answer?” As much as I would like to say that there is an answer, in my experience there is no prescriptive answer that will address all scenarios. However, I do ha...

Leap of faith

It was interesting to hear KPMG in Sydney talk about the Australians fear of failure and, as a consequence the country has less entrepreneurs than other countries. The stats however don't support this belief, each of the following countries data suggests a similar number when you equate to population. USA - population of 331m (2020) and 30m registered SME businesses UK - population of 68m (2020) and 5.9m registered SME businesses Australia - population of 25m (2020) and 2.1m registered SME businesses We have all seen the effect of Globalisation and the likelihood that this will continue, however, we also see the importance of small businesses who stimulate local trade, local employment and ultimately create wealth for the local population. As with wealth distribution, which follows a similar pareto, almost 97% of businesses in any economy by volume are SME in nature. So how do entrepreneurs make a success of their dream, what makes them different and want to go it alone,...

Is This the Time to Go Local Instead of Global?

Whichever side of the argument you are on, you cannot deny the uncertainty the Brexit negotiations are bringing to the country. Many want the situation to be resolved as quickly as possible, but there is no end in sight yet – and no idea how things will progress as we move forward. Understandably, there is uncertainty in the business world, too. If you own a business, you may be considering your position and wondering how to grow your business in the current climate. Yet while there is uncertainty regarding the global position and whether any trade deals will be made, the same cannot be said of local business concerns. In fact, thinking locally may well be the best option at present. It means you need not worry about whether a deal with the EU has or has not been made. It puts you in control of your options. It could even mean you tap into a market you previously hadn’t thought too much about. How to begin Some businesses are naturally better suited to doing b...

What Makes a Good Business Coach?

If you wanted to learn more about abseiling, who would you speak to? Would you speak to someone who had watched a few abseiling videos but never done it themselves? Or would you speak to someone with years of experience abseiling down cliff faces, buildings, and who knows what else? Chances are you would choose the person with ample experience in the real world. Most of us could learn a thing or two from watching videos about the sport, but unless we’d tried it ourselves, there would be a limit to what we would know. Finding a good business coach The same applies when you need a good business coach. You need to choose someone who knows what it is like to run a business. Look for someone with ample experience over many years; someone who has seen many changes and weathered many storms. This type of person will have bags of experience and can use it to guide you through times you may find challenging. Never be afraid to do some research on someone you are conside...

Maximise Your Executive Coach Investment

Executive coaching is on the rise. It has become a go-to tool for CEO's, CFO's, and anyone looking to improve leadership performance at the top of the company.  Unfortunately, finding the right calibre of coach to accelerate business performance and generate leadership outcomes can seem daunting. My advice is look for a combination of approach and experience. The Coach’s Approach Matters The best executive coaches are those who will approach the coaching interaction by: Deeply understanding and caring about their client’s success  Pushing appropriately beyond their client's comfort zones Supporting leaders in the real-world application of new behaviours It seems obvious, but a great coach should really care about the success of the person they are coaching! Additionally, they should use multiple forms of data to provide targeted and actionable feedback. The coach should seek to deeply understand what the current environment and challenges are, as well as what motivates the ...