|
|
|
3 Simple Things the Best Managers Do - And You Can Too!
Do these three things really well and you will be a great manager; a superb manager - and that is a great step ahead, with current standards of management as they are... If it's so simple, why don't managers all over the globe get this right,...
Answers to Your Questions About Executive Coaching
What is executive coaching? Coaches help executives increase their productivity, quality, work relationships and work satisfaction by increasing their emotional intelligence. They also help the executive define authenticity and values. Skills,...
Coaching Sports For All The Right Reasons
The Glove It was during a March evening in 2002 that I received word that my grandfather was dying. I drove the four and a half hours to Ironwood, Michigan in a snowstorm to say goodbye. I was able to see my grandpa and he was able to recognize me...
Do You Need a Personal Assistant?
It’s great to be multi-skilled…be able to type your own correspondence, do your bookkeeping, answer all phone calls, prepare your PowerPoint presentations, organise your own travel, seminars, pick up and send your mail, pack orders, do your own...
Stress In The Workplace
According to the Australian Council of Trade Unions’ (A.C.T.U.) 1997 survey, fifty per cent of workers had suffered some form of stress at work in a 12-month period. The statistics in care professions were even higher, with the Department of...
|
|
| |
|
|
|
|
|
|
Answers to Your Questions About Executive Coaching
What is executive coaching? Coaches help executives increase their productivity, quality, work relationships and work satisfaction by increasing their emotional intelligence. They also help the executive define authenticity and values. Skills, training, education and experience will get you in the game, but the higher up you go, the more your emotional intelligence makes the difference.
An executive coach is part advisor, part sounding board, part cheerleader, part manager, part strategist. And, evidently, part guardian angel. “A coach may be the guardian angel you need to rev up your career,” says MONEY Magaine.
Harvard University research shows that 85% of top performers’ and managers’ success is due to 20 people skills that can be learned and mastered. We can increase our emotional intelligence over time, unlike our basic IQ, and it matters more to happiness and success. It is crucial for executives and leaders.
According to Warren Bennis, Ph.D., Distinguished Professor of Business Administraion, USC, “Emotional intelligence, more than any other asset, more than IQ or technical expertise, is the most important overall success factor.”
One executive coach says that he “helps executives and teams reach peak performance in both their professional and personal lives.” Some of the areas that might be addressed are leadership, communication skills, team building, stress management, conflict resolution, overcoming blocks to success, emotional intelligence, and work-life balance.
A MAJOR GROWTH INDUSTRY
According to “The Economist,” (Dec. 2002), executive coaching is growing by about 40% a year.
It’s a major growth industry says the Harvard Business School Journal, July 2002. “At least 10,000 coaches work for businesses today, up from 2,000 in 1996. And that figure is expected to exceed 50,000 in the next five years. Executive coaching is also highly profitable; employers are now willing to pay fees ranging from $1,500 to $15,000 a day.”
Start-Ups Magazine names coaching as the number two growth industry after IT (Information Technology), and says it’s the number one home-based profession.
Why the boom? John Kotter, Professor of Leadership, Harvard Business School, says it’s the pace. “As we move from 30 miles an hour to 70 to 120 to 180…as we go from driving straight down the road to making right turns and left turns to abandoning cars and getting on motorcycles…the whole game changes, and a lot of people are trying to keep up, learn how not to fall
off.”
In order to cope with the fast pace and information overload in today’s world, global interaction on a daily basis, and ethical issues -- in order to become change-proficient -- executives realize they need strong emotional intelligence skills.
DOES COACHING WORK? WHAT’S THE ROI?
A study of 100 coached professionals found a 570% return on investment. Coaching improved productivity 53%, quality 48%, work relationships 77%, and overall job satisfaction increased 61%.
The Manchester survey ( http://www.susandunn.cc/businessgraph.htm ) of 140 companies shows 9 in 10 executives believe coaching to be worth their time and money. The average return was more than $5 for each $1 spent. (The Denver Post)
RESULTS
Emotional intelligence relates to values and ethics, as well as interpersonal social skills, self-awareness, and emotional management of self and others. Values-based leadership increases retention and profitability and reduces turnover and legal costs.
According to the Global Employee Relationship study, when employees believe they work for ethical companies, 55% are truly loyal, compared to only 25% in less ethical companies. Unethical behavior contributes to the 25% who say s they are chronically disappointed, angry, lacking loyalty and likely to leave or sue.
An Ethics Resource Center study found that 90% of employees value leaders with integrity as highly as they value income.
CONCLUSION
The Harvard Business Review says “the goal of coaching is the goal of good management: to make the most of an organization’s valuable resources.” The most valuable resource to any organization is its people. An executive establishes the organizational culture, which influences every employee in the organization.
“Don’t forget that the culture starts at the top,” says Steve Wilson, a Columbus, Ohio-based business psychologist. Daniel Goleman concurs in his book, “Primal Leadership.”
Executives are getting coached on emotional intelligence skills not only for their own personal use but for the future of the organization. As one of my clients told me, “I can’t take my people any farther than I am.”
About the Author
©Susan Dunn, M.A., Clinical Psychology, The EQ Coach. Executive and individual coaching, EQ-culture programs for organizations, Internet courses on emotional intelligence. http://www.susandunn.cc , and mailto:sdunn@susandunn.cc for FREE ezine, “EQ in the Workplace.” Please put “EQ” for subject line. Increase your EQ and everyone benefits.
|
|
|
|
|
| Coaching.com – business & executive coaching for leadership ... |
| Business coaching solutions with executive coaching, personal coaching, professional coaching and corporate coaching to enhance leadership skills ... |
| www.coaching.com |
|
| Welcome to Coach U |
| Training world class personal and life coaches. Offering synchronous and asynchronous training. |
| www.coachinc.com |
|
| International Coach Federation |
| The International Coach Federation is the globally recognized association of professional personal and business coaches. ICF offers the only independent ... |
| www.coachfederation.org |
|
| Coaching - Wikipedia, the free encyclopedia |
| This article refers to the act of coaching people. For sports coaching, see coach ... Current practices in performance coaching in non-sporting environments ... |
| en.wikipedia.org |
|
| Sports Coach provides information on coaching, exercise physiology ... |
| Brian Mackenzie, the UK's highly experienced senior athletics coach provides fitness and training advice for athletes. |
| www.brianmac.demon.co.uk |
|
| The role of the coach is one which enables the athlete to achieve ... |
| Roles and responsibilities of a Coach. ... In a coaching role you will initially need to develop the skills of: providing instruction and explanation, ... |
| www.brianmac.demon.co.uk |
|
| The Coaching & Mentoring Network |
| The leading, independent vortal site, keeping you informed of the latest developments in coaching and mentoring. Connecting you to the people, products and ... |
| www.coachingnetwork.org.uk |
|
| Welcome to sports coach UK |
| sports coach UK is a charitable organisation dedicated to the development and implementation of coaches and coaching throughout the UK. ... |
| www.sportscoachuk.org |
|
| Positive Coaching Alliance |
| Information on awards, location, partnership programs, description of the organization, upcoming events, news items and membership details. |
| www.positivecoach.org |
|
| Career Coaching from Mind Tools - Find Focus, Fulfillment and ... |
| Career coaching from Mind Tools - Maximize success in your chosen career: Find focus, self-confidence, fulfillment and career direction with a Mind Tools ... |
| coaching.mindtools.com |
|
| Coaching Drills, Information and Products For Youth Sports |
| Youth coaching drills for baseball, basketball, football, soccer, softball, volleyball, and track and field. Also makes team decals, posts team photos, ... |
| www.y-coach.com |
|
| Mind Tools - Self-Study Management Training, Career Training ... |
| You can join biweekly coaching and training sessions wherever you are in the world. ... The GROW Model - Coaching team members to improve performance. ... |
| www.mindtools.com |
|
| COACHING SCIENCE ABSTRACTS |
| The best award-winning site about sports science that can be applied to the coaching of serious and elite athletes. |
| coachsci.sdsu.edu |
|
| Coaching UK : Coaching UK and Coaching Related Links |
| Coaching UK : Coaching UK and Coaching Related Links. |
| www.coaching-uk.org.uk |
|
| Association for Coaching |
| Welcome to the Association for Coaching — one of the lead professional bodies for Coaches and Organisations involved in the areas of: ... |
| www.associationforcoaching.com |
|
| The Coaching Corner - The Youth Team Sports Resource |
| The Coaching Corner, the youth team sports resource for coaches, players & parents. We provide instruction, editorials, coaching tips, bulletin boards and ... |
| www.thecoachingcorner.com |
|
| Executive and business coaching network - UK based international ... |
| executive and business coaching - UK based network of international coaches specialising in executive and business coaching, team building and unlocking ... |
| www.execcoach.net |
|
| SOCCER-COACH-L Soccer Coaching Manual |
| A manual for the novice and more advanced youth soccer coach. |
| www.ucs.mun.ca |
|
| My Life Coach - Life Coaching, Become a Life Coach, Career Coaches ... |
| We have the life coaching, personality and career testing tools, knowledge and expertise to help you discover the right direction. |
| www.mylifecoach.com |
|
| Basketball Coaching Playbook, Coach's Clipboard... Coaching Youth ... |
| Coach James Gels offers player development tips and coaching strategies on offense and defense. |
| www.coachesclipboard.net |
|
|