Why Leaders at All Levels Need Executive Coaches
If 2020 has taught us anything, it’s that constant and disruptive change is the norm. Managers not only need leadership development and the skills to teach, develop, and evaluate others; they also need to provide support and guidance to help team members adapt to changing environments. Emotional intelligence, communication, and collaboration are “coach-like” qualities that can’t be taught, but they can be learned from an executive coach.
Gallup estimates that leaders have over 70 percent of influence on team culture. Employees leave jobs because of their managers over 60 percent of the time, and turnover comes at a high cost. The top five percent of leaders have over 76 percent of employees committed to their jobs.
Investing in executive coaching at all management levels is not only beneficial, it’s profitable. Here are the top reasons leaders need executive coaches:
Identify blind spots
Most managers and executives think they perform better than they actually do, and can be caught up in the day-to-day operations rather than focused on a bigger picture. Executive coaches use assessments, interviews, and feedback to find out what people really think of their managers and their potential weaknesses, and can provide leaders with an alternate perspective and the self-awareness of how they need to improve. Coaches can also help managers come up with effective strategies to focus on and reduce biases around talent development and management and succession planning.
The higher up a manager is, the less feedback they get from direct reports. Executive coaches can not only provide feedback, but help turn performance issues into focused action. Identifying a leader’s strengths can increase their self-esteem and confidence. Good managers know they don’t have all the answers, and this can help them become naturally inquisitive and ask questions to help solve problems.
Executives have big—and many—goals for both career and life, and may not always know how they need to grow. Executive coaches not only help leaders to get off autopilot and be less distracted but also identify necessary behaviour changes using neuroscience, performance research, and other psychology techniques.
98 percent of coaching clients say their coach provided input and identified specific behaviours that helped them achieve their goals. Coaches provide the tools and resources managers need to enhance their productivity and best use the talents of their team. Coaches can also facilitate the learning and personal growth needed for leaders to create the future they want long-term.
Executive coaches support managers with high-level skills like conflict management and managing diverse teams. Supporting a high-level employee to get to the next level is invaluable to a company. Leaders also end up improving relationships not only with their team, but also family members. Behaviour changes can extend to personal life, and result in a well-rounded individual.
Benefits learned from the coaching model
A thriving coaching culture at a company doesn’t just benefit supervisors, managers, and executives. Command-and-control leadership styles are becoming outdated and impede employee progress. In a supportive coaching environment, good managers and executives draw wisdom, insight, and creativity from their team and help problem-solve.
This type of leadership style may not come natural, but over time, it can improve working relationships, and the morale of the workplace. Contact us for your executive coaching needs in Vancouver today.