You are the executive CEO of a successful owner operated enterprise in Hopedale, your business generates over $500K EBIT (earnings before interest and taxes), you feel like there is potential for more and you intend to take your company to the next level? If this is you schedule a call with one of our executive coaches to estimate the ROI of executive coaching for your business.
How to motivate a sales team when sales are down
Leadership effectiveness within the team and with clients
Excellent coaching skills can come in handy in times of conflict. Suppose there is a conflict between two team members. The effective coaching skills of active, equal listening and emotional intelligence are deployed to reduce stress, anger, confrontation and ineffective, destructive communication. Allowing space for each side in times of conflict and to also co-create solutions helps to unify the team. Professional coaching involves partnering with team members and clients in a thought-provoking and creative process that inspires them to maximize their real potential. Methods of objective assessment, active listening, asking the right questions in terms of reflective questioning encourage self-discovery of all parties.
How to select an executive coach
Has coaching become the sixth management function?
Everybody involved in management should know about the five management functions. French mining engineer Henri Fayol defined the role of a manager as consisting of five functions of management: planning, organizing, commanding, coordinating and controlling. Another theorist, Luther Gulick, chunked commanding and controlling into one function being directing and added staffing, reporting, and budgeting, also known as POSDCORB, which is still used nowadays in management. So, how does coaching and leading fit into all of this? Leadership is one of the most vital management functions completely overlooked by these theorists. For the realisation of a mission an effective leader has to provide clarity, guidance and purpose. Without it any mission is set for failure. This can be accomplished best by switching from commanding and directing to a non directive leadership style.
How to select an executive coach
What are the top leadership skills to improve?
One of the best ways to improve a manager's nondirective coaching skill is to try conversing using the GROW model, devised in the 1980s by Sir John Whitmore and others. The GROW model seems easy to conceptualize, but it’s harder to execute than some managers might imagine, because it requires training to think outside the box about what the manager's role and value as a leader are. The foundation of nondirective coaching is listening, questioning, and withholding judgment. Coaching managers contribute to draw wisdom, insight, and trigger creativity out of their subordinates they’re coaching, with the intent and objective of guiding them learn to resolve problems and cope with complicated situations on their own. It is an approach that can be highly inspiring and empowering for those being coached, but it does not feel natural to most managers, who tend to be more comfortable with just their authoritative “telling” leadership style.
How to find an executive coach
Coaching your team to higher performance and responsibility
Great leaders implicitly have internalized the transferability of emotions. This process is also known as emotional contagion (Hatfield, Cacioppo, & Rapson, 1993). Great coaching managers are careful with their reactions in times of crisis or emergencies. They wait for better opportunities to generate empowerment, inspiration and excitement when a new momentum is needed within the team and become proactive in avoiding fires they have become used to put out themselves. Ongoing crisis management cannot be an effective leadership style. A better approach to work is to delegate authority using cooperative leadership style and put trust into the team and let the team members learn to handle complicated situations themselves.
What results coaching can do for you
Ways to implement the leadership coaching process
When Human Resources hires an external coach it is primarily focused on helping managers address specific issues and challenges. Some companies hire such external coaches to assist with further leadership development. Human Resources staff have a significant and unique chance to expand their function in coaching management. Compared to a personal development journey, any growth requires time, commitment and dedication. Even though a coaching training is always a good move, great leaders can start improving these skills today, independent from any budget restrictions or limitations.
How to motivate a sales team
The right questions indicate best leadership quality
Managers need the space and time to actually manage. Managing people is tough, really, really tough. Employees ask for the managers' trust and compassion, so managers need to be able take the time to establish trust, starting conversations off with questions like, “How are things going?” and, “How can I help?” Such open questions potentially trigger a diverse and remarkable dialogue on various subjects, including but not limited to progress, improvement engagement, culture, productivity and performance. And, probably most important, they help identify the fires before we’re at high emergency alarm status.”. Reality-focused questions to ask are for example “What are the key things we need to know?”. The leaders should hone into what their team members have as a reply. Are the leaders missing something important? Are the managers talking about operational problems but missing out on the human side of things? Or the other way round? When coaching managers get their subordinates to slow down and think this way, they often lose themselves in contemplation and then an idea comes along, and off they go, engaging with the issue on their own with new inspiration, fresh energy and a new perspective. This step is crucial, because it stops team members from overlooking pertinent moving parts and leaping to conclusions. The manager's job at this point is just to ask the right questions and then get out of the way.
Who are the best leadership coaches?
Coaching in scenarios of crisis or conflict
A possible work scenario might be when a manager can navigate a team through a crisis thanks to his effective coaching skills. Regardless of the magnitude of the specific event, a skilled manager will approach the situation differently than a manager without leadership skills. Leadership coaching assists leaders with challenging employees and managing customers effectively. Coaches enable and train managers in role play scenarios to learn to deal with conflict and crisis. Such a training helps them in real world scenarios to deescalate situations before they become a real much bigger problem. Coaching is also about assisting to prevent career derailment or to reduce friction and stress or other emotional factors that might get in the way of effective performance and solutions. It might also involve extinguishing conflicts between team members or resolving company politics related issues.
Business coaching vs executive coaching
Building individual competencies that arise from collaboration with employees
Effective leaders typically lay the foundation for achieving objectives with each member of the organization. according to Burdett, 1998, creating an environment that nurtures individual growth inspires the entire organization to show up as their best version of themselves. Managers should deploy their staff using a strengths-based approach for the further development of each team member. As a result managers and their teams can perform much better in the workplace when the employees can build rather on their strengths instead of their weaknesses.
Who is the best executive coach?
The major benefits of coaching to an organisation
Studies have shown that non-directive leadership and coaching skills improve the coachees’ confidence, engagement, communication, and teamwork. Those skills facilitate a faster induction to the organization and - according to Hamlin et al., 2006 - and help reduce reported feelings of stress. Managers should encourage and expect their direct reports to engage and participate, not only because it will become easier for the manager to focus more on the big picture, but also because it’s a best practice and an essential skill that motivates everyone on the team to identify and troubleshoot issues as they arise.
How to find an executive coach
Today's role of coaching in organizational development
With fast, continuous and disruptive change being the biggest constant in business, a great leader just cannot build exclusively on what worked in the past because with new parameters due to change there is just no guarantee that this will still work these days. Managers simply cannot and should not expect to have all the right answers and must adapt to new conditions and collaborate with specialised teams. To cope with this new reality, enterprises are ditching traditional command-and-control practices and replace those with a model in which managers give support and guidance rather than instructions, and subordinates adapt to constantly changing environments in ways that unleash fresh empowerment, identification with the mission, energy, motivation, innovation, dedication and commitment. Studies have shown a nice side effect being that coaching managers found themselves learning themselves throughout the process of coaching in collaboration with their staff. A dyadic relationship with subordinates is key for the coaching manager to perform effectively his leadership.
How to motivate a sales team when sales are down
Ways to implement the leadership coaching process
When Human Resources hires an external coach it is primarily focused on helping managers address specific issues and challenges. Some companies hire such external coaches to assist with further leadership development. Human Resources staff have a significant and unique chance to expand their function in coaching management. Compared to a personal development journey, any growth requires time, commitment and dedication. Even though a coaching training is always a good move, great leaders can start improving these skills today, independent from any budget restrictions or limitations.
Who offers life executive coaching?
The financial benefits of coaching to the organisation
The benefits of leadership development can be measured. A study conducted by the Human Capital Institute has shown that 51 percent of companies reported a strong coaching culture and had higher revenue than companies without having implemented coaching management style. The International Society for Performance Improvement measured the ROI on leadership coaching which made up a remarkable 221 percent ROI. With those figures the benefits of leadership coaching have been clearly established. Coaching isn’t just a nice to have soft skill. It really does contribute to a higher EBIT.
Where to find a high end life coach?
The advantage of coaching management style
Non-directive coaching implies listening and asking questions that lead to insights on their own versus telling and instructing. The real benefit comes to light when this cooperative leadership style ends up asking challenging questions and listening as the employee or team member starts thinking for him- or herself and solving his or her own issues.
What are the best executive coaching companies
What are the top leadership skills to improve?
One of the best ways to improve a manager's nondirective coaching skill is to try conversing using the GROW model, devised in the 1980s by Sir John Whitmore and others. The GROW model seems easy to conceptualize, but it’s harder to execute than some managers might imagine, because it requires training to think outside the box about what the manager's role and value as a leader are. The foundation of nondirective coaching is listening, questioning, and withholding judgment. Coaching managers contribute to draw wisdom, insight, and trigger creativity out of their subordinates they’re coaching, with the intent and objective of guiding them learn to resolve problems and cope with complicated situations on their own. It is an approach that can be highly inspiring and empowering for those being coached, but it does not feel natural to most managers, who tend to be more comfortable with just their authoritative “telling” leadership style.
https://coachingfortopleaders.com/business-coaching-for-startups-2/