If you think executive coaching is a resource only for high-achieving executives in crisis, think again. While coaching can be valuable in emergency situations, its usefulness goes far beyond that. Executive coaching is a dialogue-based tool that improves professional performance and wellbeing, tackling issues such as resilience, empathy, motivation, leadership, difficult relationships, decision-making and fulfillment.
In short, it helps you to become a better professional, in the broadest sense. That in turn helps you to become a more effective leader – better inspiring and motivating your team.
IESE recently held its 5th International Coaching Symposium, and Prof. Alberto Ribera, head of the Executive Coaching Unit, has published a book on the process. Here, some of the benefits of coaching:
- It creates a time and space for thought and discussion. In the day-to-day of life and work, it can be difficult to find the time or context for deliberate, conscious reflection on what your goals are and what you’re doing to achieve them. Coaching creates exactly that space.
- It gives you a different kind of feedback than you’re likely to hear from anyone else. Coaching isn’t an assessment. It’s not criticism (or praise) from your boss, or feedback from employees. The coach has no agenda except to support you – which can sometimes begin with discovering a weakness you didn’t fully realize you had. Together with your coach, you’ll arrive at new conclusions.
- It gives you new perspectives on existing situations. One of the processes learned in the coaching process is reframing – or seeing things in a different light. That means viewing problems as possibilities, challenges as opportunities. Sometimes, the solution was there for you and was just waiting to be discovered.
- It gives you renewed confidence and self-awareness. You emerge from the coaching process better prepared to make decisions and move forward, whatever your situation may be. Coaching is all about finding solutions and taking action, so that renewed self-awareness will be a source of productivity.
Many of IESE’s executive education programs include sessions with coaches who work with our Executive Coaching Unit. In addition, we’re launching a new Leadership Coaching Program for any executive who is interested in adopting the coaching mindset, and for executive coaches who would like to increase their impact on clients.
For more information, see also The 7 Moments of Coaching: Stories of Inner Journeys, edited by Prof. Ribera.
This post is also available in: Spanish