Ever since multiple studies have validated the gains made by executive coaching, the executive coaches have become the toast of the corporate world, with almost every major organisation taking their services. While the business community is now relatively much more open to the idea of executive coaching compared to how it was a few years back, many smaller organisations still give a miss to the idea and consider it as a luxury only affordable by the big corporations. However, the truth is, the kind of impact that the executive coaches make while supporting the staff and individual executives to manage their work and life more efficiently can come in as handy for smaller organisations as it can for the bigger ones.
Executive Coach for development
To sum up, in one single line, the aim of coaching is to enhance the individual’s development much beyond what he or she is currently doing. It is a continuous process of evolution of an executive, helping him become more than what he is right now. The personal skill sets of an individual play as important a role in his development as a business plan plays in a company’s eventual success. This analogy applies to all the organisations, irrespective of their size and areas of operation. An ever increasing need to reinvent oneself puts the executives under exceeding pressure. An executive coach can help the executive in embracing such a situation rather than bowing out due to pressure. It falls in line with the primary goal of executive coaching which is to maximise the executive’s growth.
The idea of an executive coach
There is often a very fine line between dominating and mentoring. An expert executive coach truly understands that whenever needed, he can come up with suggestions which are relevant to the prevailing circumstances, provided that they are mutually agreed and don’t seem like a sudden imposition of an idea. It is important since the official responsibility of the decisions taken by the executive would lie on him and not his coach. Another critical component of a coach’s mandate is to assist the executive in having a razor sharp focus and keeping track of the surroundings, enabling him to take the best decisions.
Many organisations amalgamate coaching and training. While the idea behind training is to impart a new skill, technical or otherwise, coaching does not refer to any new teaching. Coaching focuses on making the best use of the available knowledge and skill set to ensure better performance than before.
Coaching is executive-centric and encourages him to adapt to the changing times while making him feel indispensable. It gives them the confidence and encouragement they need to excel at their task. Coaching is highly flexible and thus finds many applications within the organisations. From one off assignment for solving a particular issue to helping the team set the correct path towards its mission, an executive coach can be helpful in all these scenarios and much more. The end product in all these cases is a highly cost efficient and high performing organisation ready to lead its industry.