Executive And Life Coaching


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Summary of the Benefits and Approaches used in Executive and Life Coaching

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Executive And Life Coaching

  1. 1. Executive and Life Coaching Karen Davey-Winter www.worklifecoaching.us “ Helping people reach their professional and personal potential…”
  2. 2. Contents <ul><li>What is Coaching? </li></ul><ul><li>Difference between Coaching and Therapy </li></ul><ul><li>The Coaching Process </li></ul><ul><li>What’s in it for me? </li></ul><ul><li>Summary </li></ul>
  3. 3. What is Coaching? <ul><li>Dr Jeffrey Auerbach, College of Executive Coaching: </li></ul><ul><ul><li>“ Coaching is an ongoing relationship between the professional and the client, which focuses on the client taking action toward the realization of their vision, goals and desires. Coaching uses a process of inquiry and personal discovery to build the client’s level of awareness and responsibility while providing the client with structure, feedback and support” </li></ul></ul>
  4. 4. What is Coaching (cont…)? <ul><li>Provision of confidential support, guidance and occasional advice to individuals on goals and issues either in a personal or work context </li></ul><ul><li>Roles of a coach: </li></ul><ul><ul><li>Trusted Advisor </li></ul></ul><ul><ul><li>Thought Partner </li></ul></ul><ul><ul><li>Guide </li></ul></ul><ul><ul><li>Friend </li></ul></ul><ul><ul><li>Role Model </li></ul></ul><ul><li>Help develop practical strategies to address goals and challenges in the workplace </li></ul><ul><li>It’s your agenda, not mine…. </li></ul>
  5. 5. Difference between Coaching and Therapy <ul><li>Therapy is the treatment of a trauma or dysfunction </li></ul><ul><ul><li>Aim is to bring the client to normal function </li></ul></ul><ul><li>Coaching is a process to empower an already functioning individual to higher functioning and allow them reach their goals </li></ul><ul><ul><li>Aim is to achieve excellence while creating an extraordinary life </li></ul></ul>
  6. 6. The Coaching Process <ul><li>Structured process to allow you to reach your goals and achieve better outcomes </li></ul><ul><li>First session: </li></ul><ul><ul><li>Establish overall goals of coaching and some specific areas to focus on </li></ul></ul><ul><ul><li>Determine whether assessments would be helpful (MBTI, etc) </li></ul></ul><ul><ul><li>Discuss a specific goal/challenge and start developing strategies for achieving that goal </li></ul></ul><ul><li>Second session: </li></ul><ul><ul><li>Review results of the assessments </li></ul></ul><ul><ul><li>Discuss whether they resonate and how they relate to your goals </li></ul></ul><ul><ul><li>Discuss a specific goal/challenge, options to meet the goal, potential obstacles that might hinder the client as well as strategies to mitigate those obstacles, and then specific action plans resulting in practical strategies to help achieve the goal or address the challenge </li></ul></ul>
  7. 7. The Coaching Process (cont…) <ul><li>Subsequent sessions: </li></ul><ul><ul><li>Continue to work on a new goal or challenge each session in line with the established coaching agenda </li></ul></ul><ul><ul><li>Address obstacles and discuss mitigation approaches, and then develop action plans </li></ul></ul><ul><li>Where appropriate, include the following themes and techniques in each session: </li></ul><ul><ul><li>Appreciative Inquiry </li></ul></ul><ul><ul><li>Additional assessments where relevant </li></ul></ul><ul><ul><li>Discussion of job specific skills and how to achieve them </li></ul></ul><ul><ul><li>Discussion of leadership skills and how to achieve them </li></ul></ul><ul><li>Structure of the coaching program: </li></ul><ul><ul><li>Sessions last 30 to 60 mins </li></ul></ul><ul><ul><li>Sessions will be by phone </li></ul></ul><ul><ul><li>Sessions can be weekly or bi-weekly and outside of work hours </li></ul></ul><ul><ul><li>Review after 4 – 6 sessions to determine whether to continue </li></ul></ul><ul><li>Again, it’s your agenda, not mine!! </li></ul>
  8. 8. What’s in it for me? <ul><li>The process can help the client leverage their strengths and become more effective at work </li></ul><ul><li>It is more than just a one-off training session, so changes are sustainable, measurable and observable by others </li></ul><ul><li>The client drives the sessions, create the goals and the action plans, and so they are more bought into the process and therefore more often improvements are realized </li></ul><ul><li>www.manchesterUS.com ROI study on coaching in Fortune 1000 companies found that the average return on coaching was more than $100,000 or about six times what the coaching had cost their companies </li></ul><ul><li>Study at BP found that coaching resulted in 50% higher salaries compared to other managers (Birkeland et al 1997) </li></ul>
  9. 9. What’s in it for me? <ul><li>Coaching can lead to improved outcomes in the following scenarios, environments, or activities: </li></ul><ul><ul><li>Matrixed environments, where your success is dependent on resources outside of your direct control </li></ul></ul><ul><ul><li>Team building, either to enhance a low performing team or to take a high performing team to the next level </li></ul></ul><ul><ul><li>Collaboration and communication, where new strategies improve relationships at all levels in the organization and enhance leadership skills </li></ul></ul><ul><ul><li>Performance improvement, where a team member or direct report has a performance issue that needs to be addressed </li></ul></ul><ul><ul><li>Clients in transition, either in terms of changing careers, or because they are ready for a promotion </li></ul></ul><ul><ul><li>Very senior leaders, who no longer obtain true feedback about their performance </li></ul></ul><ul><ul><li>Clients in complex and changing family structures that are navigating the complexities of communication, decision making, role definition, etc </li></ul></ul><ul><li>The above are only examples – the client’s agenda will drive the focus of the coaching sessions </li></ul>
  10. 10. Summary <ul><li>Coaching allows you to: </li></ul><ul><li>Increase your efficiency and achieve better outcomes at work through improved leadership skills </li></ul><ul><li>Enhance work life balance </li></ul>