Key Features of an Executive Coaching Program!
Executive coaching is an indispensable part of any leadership development program offered in a workplace. Such sort of coaching provides a golden opportunity of personal development and reflection to the key employees of the company. Consequently, their individual effectiveness and leadership skill are enhanced within the team environment. Not to mention, having a strong leadership skill at the executive level is the cornerstone of any successful business. In addition, executive coaching also helps to establish strong foundation needed to work together in a collaborative and productive environment. In simple words, we can say that executive coaching increases the leadership skill which is a driver of employee engagement and thus business results.
What should an effective executive coaching program include?
While there are a number of executive coaching programs offered by the authorized sources, very of them can actually work in the expected manner. A well run coaching program manages the entire process very effectively. It includes employing and training the coaches, selecting right coaches to work in a specific department and in specific company and managing all coaching to ensure consistency of approach.
Below are some of the key factors that will help you determine whether an executive coaching program can effectively integrate with your overall development strategy and produce the desired results as well.
- One of the most important factors to ponder over while determining the effectiveness of a coaching program is to make sure, whether it tailors its approach as per the needs of every individual leader and the company as well. There is no ‘one-size-fits all’ approach. Having such approaches is more likely to fall flat than one that is shaped around the business.
- The coaching program should have a system in place to match the right coaches with the right leaders. A dedicated engagement manager, accountable for managing the relationship with the client company can gather the relevant information about the individuals to make sure the best fit of coach and leader.
- A coach supervisor should be responsible for supporting coaches in their coaching engagements.
Benefits of executive coaching –
A leader trained with executive coaching programs is more confident and competent to lead his/her team, which augments overall business profit. Not only in terms of business profit but also it leads to an improvement in the overall atmosphere of a company. Coaching programs can support companies in recognizing the floating trend in their company and in industry as well, which help leaders and teams to navigate the continuum between strategy and operations.