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Executive
Coaching is a highly individualized development
program designed to address the unique needs of senior corporate
or non profit officers or those more junior individuals who are
being groomed for this level of responsibility. Typically
executive coaching provides both theory and practical
applications to develop and expand an individual’s repertoire of
leadership competencies and their ability to deal effectively
with executive level challenges. Such challenges might include:
- the
need for strategic thinking
- new
disciplines or greatly expanded functional responsibilities
- leadership
in a new culture or new industry
-
high visibility presentation or communication requirements
high levels of complexity, ambiguity or stress
- first
time General Manager assignments
-
the need for nuanced interpersonal skill or emotional
intelligence
-
balancing work and life demands to honor priorities in both
spheres
Sometimes
coaching is primarily a vehicle for providing senior officers
with a knowledgeable and confidential sounding board as they
develop their leadership strategy, style or point of view.
Sometimes it takes the place of external university education
when it is difficult for an executive to take ‘time out’ for
leadership development. Often it is a way to help talented
leaders overcome bad habits or dysfunctional behaviors that are
inhibiting their ability to maximize their own performance and
that of their teams and organizations.
Coaching in this context is not a quick fix but a comprehensive
process designed to help an individual leader understand the
strengths and weakness of his or her own style and approach as
it applies at this time in this organization and to develop a
customized plan for accelerating their professional growth and
translating it into bottom line results.
At Eddy Associates, this process has 3 phases: assessment,
strategy development and implementation.
Assessment
- Guided
self assessment
- Normative
testing comparing the executive with a broad array of
leaders in similar roles
- In
depth interviews with 6-10 colleagues who are impacted by
the executive’s style or performance ( subordinates, peers
and superiors)
-
Evaluation by a licensed industrial psychologist
- Integrated
feedback highlighting strengths as well as areas needing
development
Strategy
Development
- Clarification
of the individual’s career and life goals and exploration of
how success in the current assignment will further their own
aspirations
- Development
of a set of coaching objectives
- Creation
of an action plan with indicators and time lines
-
Discussions with colleagues (bosses, subs, and peers as
appropriate) to enlist their understanding and support
Implementation
- Weekly
or bi-weekly meetings or calls with the coach for one or two
hours
- Attendance
by the coach at meetings, interviews, presentations etc, as
appropriate
- Readings,
digital resources, classes, workshops or other educational
activities
- Developmental
exercises
- Periodic
conversations with members of the executive’s team to assess
progress and redirect activity as needed
All conversations are confidential.
TERM
Coaching support is normally provided for 6 months to a year and
may be extended after this period on a quarter by quarter basis.
FEES
Fees are determined on a case by case basis depending on the
issues and level of the potential coachee. |