Any business leader looking to achieve success in today's virtual corporate landscape would benefit from working with an executive coach. Here are just a few of the ways an executive coaching program can help improve your talents, skills, and professional relationships.
The ability to motivate oneself is one of the most important skills a leader can possess. Executive coaching helps leaders not only increase their own sense of motivation, but also to instill a sense of confidence and motivation in their employees that will permeate throughout the entire organization and increase the productivity of the business as a whole.
Improved Decision-Making Skills
A recent Harvard study identified four styles of decision making that are associated with executive success: decisive, flexible, hierarchic, and integrative. Decisive leaders make fast, efficient decisions, while flexible decision-makers are more adaptable. Hierarchic decision-makers analyze a large amount of data before coming to a decision. Integrative decision-makers take a much broader approach to problem-solving and are happy to explore a range of possible outcomes.
Regardless of what type of decision-maker you are, a good executive coaching program can help you make empowered decisions that align with the organization's goals, values, and vision. As you work with your executive coach, you'll learn valuable strategies for minimizing distractions and focusing on actions that help propel the business forward.
More Effective Communication
In the modern business world, where strategic partnerships often stretch across multiple continents, being an effective communicator is critical. Executive coaching helps leaders improve their interpersonal skills so they are better able to communicate their ideas and messages in clearer, more impactful ways.
Researchers at the University of Southern California's Annenberg School of Communication and Journalism spent four years interviewing business leaders across the U.S. and throughout a dozen foreign countries about which leadership skills are essential to succeed in today's digital, global economy. Five attributes were identified as critical: adaptability, empathy, cultural competence (the ability to communicate well across multiple borders) and 360-degree thinking (the capacity to recognize patterns of problems and their potential solutions).
Of all these "soft" skills, empathy – the key marker of emotional intelligence – was almost universally agreed to be the most important. Empathetic leaders have a greater capacity for understanding others' point of view and are thus more committed to solving problems in ways that benefit all parties. A good executive coach can help leaders become more attuned to the needs of their business partners, colleagues, subordinates, which in turn, will yield prosperity for the organization as a whole.