Benefits of Executive Coaching
This case is exemplary of the common process and results in many executive coaching
situations. The results typically include:
- Retention of the professional and institutional knowledge and skills
- Elimination or containment of unproductive behavior
- Increased results in key performances areas
- Avoidance of lost performance, opportunity and replacement costs.
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Executive coaching is a powerful tool for change when the organization positions
coaching effectively, the executive to be coached desires change and is also capable of
making necessary changes. Executive coaching is designed to address many performance
related scenarios including organizational or strategic issues, personal development, or
leadership effectiveness. Key to successful change is an effective process, a focus on
results, and accountability. The return on investment can be substantial and far exceed
expectations or return on other development alternatives. Following is a typical
performance improvement executive coaching case as an example of a remarkable turn around.
Situation
Recently, a national law firm asked us to work with one of its shareholders, who I will
call Jim. The firm wanted to retain Jim, but could not continue to tolerate his behavioral
problems, which were affecting productivity in the organization.
Solution
After speaking with the Managing Partner, we suggested he meet with Jim, lay out his
concerns and tell him that they wanted him to meet with an executive coach. In this case
Jim was very receptive and wanted to do what was right for himself and the firm. It is not
unusual for executives to experience frustration with the same issues that the
organization does, although they may not understand how or why they are creating problems.
Very quickly, Jim and the executive coach established a trust relationship that allowed
them to deal with a variety of issues, conduct an assessment and establish a plan for
behavioral, performance and personal goals. Building on Jim's strengths, the plan provided
new insights and tools he needed to meet the demands of his job and family while also
establishing accountability. He developed a healthy support system and created strong
relationships with his team and associates. The coach and executive worked together for
eight months to reinforce new behaviors.
The Managing Director recently told us that the problem was solved and that he would
take action sooner to address a situation of this nature in the future. Jim says he is
much happier, more productive and that his relationships at work and at home have improved
significantly. He also reports that his revenue generation increased significantly after
the coaching.
Dawson Consulting Group' team of Synergistic Executive Coaching professionals
collaborate on a wide range of similar coaching opportunities that enable our clients to
achieve organizational synergy. During periods of change involving leadership, career
development, succession planning, and strategic shifts, organizations can reap significant
rewards from executive coaching. In particular, coaching that facilitates running the
rapids of performance challenges while addressing the needs of both the executive and the
organization leads to increased synergy. For organizations in transition, the Dawson &
Dawson Synergistic Coaching approach produces benefits in which the sum is significantly
greater than the parts -- a proven equation for increased bottom line results.
By Sheryl Dawson, CEO
Dawson Consulting Group |