Jun 27 Do You Need an Executive Leadership Coach to Boost Results?
John Quincy Adams said, “If your actions inspire others to dream more, learn more, do more, and become more… you are a true leader.”
I imagine that describes you, and all you want is the chance to prove yourself. You want to be recognized and given a bigger leadership role that will challenge you to be the best you can be – while inspiring others to do the same.
A 2001 study on the impact of executive coaching by Manchester Inc. showed an average ROI of 5.7 times the initial investment…or a return of more than $100,000. Those stats were based on reports from executives who estimated the monetary value they had recouped by being coached.
Reported benefits include:
- Enhanced working relationships with direct reports (reported by 77% of executives)
- Better relationships with immediate supervisors (71%)
- Teamwork (67%)
- Improved relationships with peers (63%)
- Job satisfaction (61%)
- Conflict reduction (52%)
- Organizational commitment (44%)
- Stronger client relationships (37%)
Looking that list – which is by no means a complete list of potential positive outcomes – it’s easy to see that coaching strengthens your leadership DNA. It also impacts those around you, to strengthen theirs.
Ultimately, your personal, individual commitment to developing your excellence can result in strengthened success DNA permeating the entire organization. That’s a huge return for you and your company…and you’ll be the innovative leader who get the credit for it.
Here are three reasons coaching is a wise, better-than-blue chip investment.
1) Clarity + Strategy + Implementation = Speed
Process alters results…for better or for worse. So any expert coach is also an insightful process consultant.
A tennis pro may never realize she’s fatiguing her grip by squeezing the racket too tight, for too long, even between swings. Her coach points out the weakness in her volley and helps her correct it in a nonjudgmental, forward-looking way.
The coach also notices it’s a fear and stress reaction, and recommends mindset management to keep her focused, poised, and coolheaded in the heat of the action. Suddenly she starts winning more points at the net.
My work does the same, aligning and strengthening the strands of leadership DNA you may not be aware of – and integrating them for accelerated strategic results in record time…and with less wasted energy and money on your part.
2) Change Your Viewpoint Lens
When left to listen to our own advice and devices, all of us wind up with an internal mentor who cannot see us clearly and objectively. That kind of coach does more harm than good by giving us an unrealistic assessment with no actionable solutions.
You cannot broaden your leadership vision if it’s influenced by the internal shortcomings of the organization. If the corporate DNA is weak, that will confine your vision to a weakened telescopic point of view. It works like an information silo to block your creativity and innovation.
An experienced coach can be that trusted advisor with an unbiased eye, to lead you beyond what you or your organization imagined was possible.
3) Coaching is a Badge of Honor
Coaching distinguishes you, just as the medals proudly worn by military officers represent their level of unique experience in the real-world trenches.
What is more impressive and immediately recognizable is that you exude leadership in your charismatic presence and confident gravitas. Your decisions are wiser, and you communicate your ideas with more persuasive influence that inspires and motivates.
When you’re ready to earn the respect you deserve, invest heavily in coaching. Consider it training not just for your next promotion, but for your elevation to iconic status…sooner instead of later.
Today all successful leaders invest in coaching, not just CEOs of Fortune 100 companies…as was the case a decade ago. Then again, I’m the first to acknowledge that highly intensive executive leadership coaching is not for everyone. That’s why I’m including a helpful and insightful tool that will allow you to evaluate the potential that coaching may hold for you, based on your unique needs and goals.
To succeed in today’s business world you have to have a passion for leadership and a strong, ambitious determination to develop your ultimate executive capabilities and strengths. But those who are up to the challenge can also emerge from their coaching experience as leaders of the world’s most prestigious organizations. They’ll also leave a greater, more memorable and impactful legacy behind for generations to come.
P.S. Please click here, if you’d like to take the assessment tool for free and determine why you may not be getting the traction you deserve to elevate your performance and accelerate your career.
If you liked this article, you may also enjoy my article, Do Successful Top Executives Actually Need a Leadership Coach?
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Sarah Hathorn, CEO of Hathorn Consulting Group, is the go-to-expert in working with leaders and companies to create successful corporate DNA. As an executive coach, consultant and speaker she collaborates globally with clients and brands such as Deloitte, McKesson, Kimberly-Clark, Sherwin-Williams, Home Depot and other leading organizations.
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