The behavior of a company's leaders is crucial to the entire organization. Leaders set the tone and model behavior for the entire organization. A leader's greatest tool in leading others is the combination of their personality and behavior. A leader's greatest contribution is how well they communicate ideas, influence those around them, demonstrate the behavior they talk about and inspire others to join together in accomplishing a common goal. Executive Coaches work with leaders to develop leadership skills - encouraging them to lead by example and to develop motivated and committed teams.
Coaching benefits both the organization and the individual. Studies on coaching report an ROI of 5 to 7 times the initial investment. One reason this may be so high is that coaching can be customized to address individual needs, with week-to-week support and opportunities to integrate learning into real life work experiences.
In a survey of 4000+ corporations on their involvement with corporate coaching, the primary benefits of coaching reported are (in order)
|Improved individual performance|
|Bottom line results (including profit)|
|Client service and competitiveness|
|Goal achievement, relationship improvements and retention|
In a study of 100 executives from Fortune 1000 companies who received coaching for 6 months to one year, the following benefits were improved:
|Working relationships with direct reports (reported by 77% of executives)||Working relationships with immediate supervisors (reported by 71% of executives)||Teamwork (reported by 67% of executives)||Working relationships with peers (reported by 63% of executives)||Job Satisfaction (reported by 61% of executives)||Working relationships with clients (reported by 37% of executives)|
Performance Solutions Source offers coaching that targets an indiviudals needs including:
Coaching for skills - helps one learn specific skills, abilities and perspectives over a period of several weeks or months. The skills to be learned are usually clear at the outset and are typically related to skills associated with an executive assuming new or different responsibilities.
Coaching for performance - focuses on the effectiveness of an individual in his or her current position. Frequently it involves coaching for one or more management or leadership competencies, such as communicating vision, team building or delegation.
Coaching for development - refers to coaching interventions that explore and enhance the executive’s competencies and characteristics required for a future job or role. It can be associated with outplacements, restructuring and reengineering in the organization.
In additon to our individualized coaching sessions, Performance Solutions Source also offers training solutions that will improve the ability of managers to coach others for performance. Contact us at Performance Solutions Source or call 561-307-6954 for additional information.