The document discusses the importance of executive coaching for developing competencies critical for senior-level business leaders. It notes that 70% of executive development comes from on-the-job experience, while 20% comes from coaching and 10% from formal training. Replacing an executive can cost an estimated $800,000 due to separation, vacancy, replacement, socializing, and ramp-up costs. Executive coaching helps maximize performance, enhance retention, and strengthen competencies like strategic orientation, customer impact, and change leadership. Coaching addresses blind spots, builds on strengths, and improves leadership approaches through activities like diagnostic assessments, development planning, and meetings.
As #procurement transformation is building up with technologies like #BlockChain and #RPA, the role of a #CPO is undergoing a transformation as well. Here's how we see it:
Want more information? Get our Udemy course for only $1 today! Provide your email address at http://www.advisory-board.info/ and get access!
Sign up for our INVESTyR Daily Insider Newsletter: http://eepurl.com/IbP31
INVESTyR’s Facebook: https://www.facebook.com/INVESTyR
INVESTyR’s Strategic Finance Blog: http://www.investyr.com/blog/
INVESTyR’s ONLINE COURSES AND PRODUCTS:
Agile Financial Modeling http://bit.ly/1cYP4rC
Throw Away Your Pitch Deck! http://bit.ly/1dQo7aN
How to Hack an Investors Brain http://bit.ly/18aOvaG
The Quick and Dirty on Videos that Move Money http://bit.ly/1bdTEzz
Me and Your Money: P2P Lending Revealed http://bit.ly/1aavrfU
Use Crowdfunding to Raise Money http://bit.ly/HJnR2D
Raising Capital with Ease: AngelList and Gust http://bit.ly/1fmJgcS
Influence Investors: Secret Twitter Tactics for Fundraising http://bit.ly/13ZzDJ6
Learn How to Find Investors Quickly! http://bit.ly/16962Cy
Use LinkedIn to Find Investors http://bit.ly/12C1waX
How Do I Set My Startups Valuation? http://bit.ly/1hQmEnn
How Much Money Should You Raise? http://bit.ly/1fmJ6lR
Successful Fundraising: The Roadmap to Money http://bit.ly/18aO8gh
Assemble an A+ Advisory Board http://bit.ly/12C1IHk
Find & Assemble a DealTeam http://bit.ly/12C1EXZ
Fundraising Masters: The Ultimate Resource to Raising Money http://bit.ly/ZO7kx5
RECOMMENDED RESOURCES:
Google Hangout based Entrepreneur Pitch Clinic: http://bit.ly/17HgIvb
Google Hangout “Fundraising in the Digital Economy” Presentation: http://bit.ly/1epTX0A
VELOCITY TRAINING PROGRAM (12 week intensive training): Coming soon!
Business partnering 2013 and Beyond. Sample slides from a recent presentation at CPA Newcastle Convention 2013. The presentation highlights the changing landscape of management reporting and business performance management with its implications on the role of the finance function. In particular the concept of business partnering and strategic management.
What CGMA designation holders can do for your businessCGMA
Presentation on how Chartered Global Management Accountant® (CGMA®) designation holders have the skills and talent you need to transform your finance function.
As #procurement transformation is building up with technologies like #BlockChain and #RPA, the role of a #CPO is undergoing a transformation as well. Here's how we see it:
Want more information? Get our Udemy course for only $1 today! Provide your email address at http://www.advisory-board.info/ and get access!
Sign up for our INVESTyR Daily Insider Newsletter: http://eepurl.com/IbP31
INVESTyR’s Facebook: https://www.facebook.com/INVESTyR
INVESTyR’s Strategic Finance Blog: http://www.investyr.com/blog/
INVESTyR’s ONLINE COURSES AND PRODUCTS:
Agile Financial Modeling http://bit.ly/1cYP4rC
Throw Away Your Pitch Deck! http://bit.ly/1dQo7aN
How to Hack an Investors Brain http://bit.ly/18aOvaG
The Quick and Dirty on Videos that Move Money http://bit.ly/1bdTEzz
Me and Your Money: P2P Lending Revealed http://bit.ly/1aavrfU
Use Crowdfunding to Raise Money http://bit.ly/HJnR2D
Raising Capital with Ease: AngelList and Gust http://bit.ly/1fmJgcS
Influence Investors: Secret Twitter Tactics for Fundraising http://bit.ly/13ZzDJ6
Learn How to Find Investors Quickly! http://bit.ly/16962Cy
Use LinkedIn to Find Investors http://bit.ly/12C1waX
How Do I Set My Startups Valuation? http://bit.ly/1hQmEnn
How Much Money Should You Raise? http://bit.ly/1fmJ6lR
Successful Fundraising: The Roadmap to Money http://bit.ly/18aO8gh
Assemble an A+ Advisory Board http://bit.ly/12C1IHk
Find & Assemble a DealTeam http://bit.ly/12C1EXZ
Fundraising Masters: The Ultimate Resource to Raising Money http://bit.ly/ZO7kx5
RECOMMENDED RESOURCES:
Google Hangout based Entrepreneur Pitch Clinic: http://bit.ly/17HgIvb
Google Hangout “Fundraising in the Digital Economy” Presentation: http://bit.ly/1epTX0A
VELOCITY TRAINING PROGRAM (12 week intensive training): Coming soon!
Business partnering 2013 and Beyond. Sample slides from a recent presentation at CPA Newcastle Convention 2013. The presentation highlights the changing landscape of management reporting and business performance management with its implications on the role of the finance function. In particular the concept of business partnering and strategic management.
What CGMA designation holders can do for your businessCGMA
Presentation on how Chartered Global Management Accountant® (CGMA®) designation holders have the skills and talent you need to transform your finance function.
In the year 2002, Warren Buffett made an admission that he had not been as vigilant as he should have been in his role as Director of the various subsidiaries of his holding company, Berkshire Hathaway. In a letter to the shareholders he wrote “ Too often I was silent when management made proposals that I judged to be counter to the interest of the shareholders. In those cases, collegiality trumped independence and a certain social atmosphere presides in boardrooms where it becomes impolitic to challenge the Chief Executive.
Kevin Sharer, Chairman of Amgen, the US biotech company, portrayed a very different relationship between board and chief executive. “ Working with the board is vital, complex, and beyond your prior experience. It is among the most complex human relationships, especially if you are the chairman, when you are their boss, and they are your boss. Get the relationship right or it will hurt you.
These two very different experiences open a new book, Boards that Lead- When to take charge, When to Partner and When to stay out of the way. The central premise of the books is a plea. “ Governing boards should take more active leadership of the enterprises, not just monitor its management?
The growing complexity of markets and strategy, the authors say, is one of the biggest challenges for board members. It also means that they cannot afford to sit back and rubber stamp executive’s plans.
Boards often fail to do their job, they point out, for example failing to do their due diligence. They cite the example of Yahoo’s Chief Executive Scott Thompson. After a few months in the post, it was discovered that he had listed a degree in both accounting and computer science, but had actually earned only the first.
A good book to read move from Delivering to Leading.
Happy Reading
Implementing strategy effectively and efficiently is critical to the success of any business. That direct statement is well understood by all business leaders. What is not always equally understood is that the same corporate processes and procedures employed to ensure a business’ success – call it strategy implementation management -- can also be used to coach and develop essential leadership competencies in staff throughout your organization.
This paper presents strategy implementation management as an opportunity to develop the leadership competencies of key staff who are responsible for advancing the organization’s priorities and achieving its goals.
The Future of Performance Management In An Era Of Uncertainty American Airl...Taryn Soltysiak
The Future Of Performance Management In An Era Of Uncertainty - American Airlines - Michelle Collins-Rodrigues Sponsored by IQPC Exchange at the Strategic performance and Change Management Conference
The Future Of Performance Management In An Era Of Uncertainty American Airl...Claudia Rubino
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When hiring an executive, you cannot afford for the candidate to be anything short of a success. While there are tangible costs associated with recruiting the wrong person, there are also intangible costs to consider.
The wrong executive hire can cause significant disruption and damage to morale and productivity and diminish work quality and your business’s overall reputation.
With changing times, business operations are transforming, complexities are increasing, workforce diversity is growing, and tech is emerging at the forefront.
These transformations call for leaders who are adept communicators, agile and flexible in their approach, analytical thinkers and quick decision-makers.
With these, it is therefore imperative to deploy assessment tests to determine the executive’s observable behaviours and evaluate how they approach challenges, engage in interpersonal communication, and solve problems, thus enabling you to understand how to leverage the incoming leader’s strengths, given the needs and business strategy.
In this deck, you will learn;
1. The basis of executive hiring using Assessment
2. Proven strategies to adopt when filling an executive position
3. Path to take when deploying Assessment
4. How to use Assessment for hiring Senior staff
Did You Know
The higher executives advance up the organizational ladder they are less dependent on technical skills and require more
effectiveness in interpersonal skills and emotional intelligence.
Coaching is an effective tool for improving bottom line
performance in executives and organizations.
Coaching builds skills and capacities for more productive working relationships.
Coaching paves the way for decision makers to create higher
levels of organizational effectiveness through dialogue, inquiry and positive interactions.
Coaching helps identify when teamwork is important; the how and when to apply the skills necessary to foster it.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
1. The Case for Executive Coaching
Competencies most critical to the success of the next generation of senior-
level executives:
Competency Capability
Strategic Orientation Thinking long-term and beyond one’s own area.
Customer Impact Building value-added relationships with all key stakeholders.
Market Knowledge Understanding the competition, suppliers, customer base,
etc.
Commercial Orientation Recognizing and taking advantage of business opportunities.
Results Orientation Focusing on improving business results.
Change Leadership Transforming and aligning the organization through its
people.
Collaboration & Influence Effectively working with and influencing others.
Organizational Development Developing the long-term capabilities of the organization.
Team Leadership Focusing, aligning, and building high-performing teams.
http://www.cio.com/article/108350/9_Essential_Competencies_for_Successful_C_Level_Executive
s downloaded on February 1, 2013. 1
2. Development Actions and Activities
70% Experience
20% Coaching
10% Formal Training
M. Lombardo and R. Eichinger (1996). The Career Architect Development Planner (1st ed.).
(Minneapolis, MN: Lominger).
2
3. The Case for Executive Coaching
$800,000 – Estimated total cost of replacing a $200,000/YR executive
16% Separation
24% Vacancy
17% Replacement
20% Socializing
23% Ramp Up
Sage HRMS (2011). ROEI™: Return on Employee Investment™ [White Paper]. (St.
Petersburg, FL: Sage). 3
4. Assessing Executive Performance
Is your organization losing high-performing senior-level executives while
retaining mediocre ones?
Is your organization losing high-potential mid-level executives while
retaining average ones?
Do your senior-level executives sometimes appear to lack self- and/or
situational awareness?
Do you consider your senior-level executives to be competent, self-
assured, and self-motivated?
Do others consider your senior-level executives to be business savvy,
knowledgeable, and self-confident?
Are you and your team taking the required steps to maximize your
organization’s effectiveness?
Are you ensuring optimal executive performance and enhancing executive
retention?
4
5. Development Actions and Activities
We fortify executive performance and increase retention by helping the
executive:
Explore and better understand his or her contribution to the executive team.
Develop, and as appropriate, refine his or her approach/response to various
issues, events, situations, and circumstances.
Examine their actions and reactions and as needed change their personal
approach to enhance his or her ability to influence individuals and teams.
Monitor and address or capitalize upon unanticipated results and outcomes of his
or her words and actions.
Refine the way they think, behave, and function in general and/or alter the way
they interact with direct reports, team members, and external stakeholders.
All executive coaches and coaching models are not equally effective.
5
6. Case-in-Point: Senior Executive,
Manufacturing Industry
Need Approach Benefit
Perceived to be overly Interviewed the executive
• Has a more strategic, less
focused on “the how” Interviewed sponsors, tactical, focus
Leadership style: somewhat colleagues, direct reports,
When/as appropriate,
autocratic and stakeholders
exhibits a participative
Management style: tends Reviewed performance leadership style
to micro-manage evaluation information
When/as appropriate,
Comes across as being Conducted diagnostic delegates
overly protective of his area assessment
Acts more self-confident and
of responsibility Created a Leadership less defensive and evasive
Tends to be defensive and Development Plan when answering questions
evasive when asked Conducted weekly and ad Increased trust between the
questions hoc coaching sessions executive and his direct
At times appears to lack Sat in on key meetings & reports, sponsors, key
self-confidence crucial conversations stakeholders, and colleagues
Executive Coaching leverages and builds on existing strengths
and addresses or mitigates existing bias and blind spots.
7. Need to fortify or reinvigorate your executive performance?
Need to strengthen your executive bench?
Need to formulate and/or implement your leadership
development strategy?
Need to launch an executive coaching program?
Contact BKSimerson@sbcglobal.net or Tepke@sbcglobal.net for
information on how we might work together.
http://www.linkedin.com/pub/bk-simerson-ed-d/2/376/427
http://www.linkedin.com/pub/daniel-tepke/7/81a/230/
7