Executive coaching services can be very beneficial for business leaders and senior executives, as they help them to meet changing business conditions and respond to new business demands.
Although “executive coaching” is well-established and popular in developed countries, it’s still very new in the Middle East. The development of this professional service may be hindered by cultural and social differences, particularly when it is family-owned.
Coaching is a requirement in Sport to maximize performance of talent individuals and teams striving for top rank. This coaching service has been extended into the corporate environment to assist employees with their personal and professional development, entrepreneurial approach, teamwork, productivity, profitability, and shifting from maintenance to innovating.
In today’s uncertain business world, leadership requires two essential skills. These skills are critical for managing your organization through fast-moving, change-creative adaption and leveraging human potential. Creative adaptation refers to the act of anticipating and accepting the needs of the future business environment and creating innovative management practices and policies. To harness the potential of human beings, it is necessary to use their knowledge, creativity, innovative, and high-performance skills in order to create a future-oriented organisation.
There has never been a greater demand on regional senior executives. It is difficult for senior executives to find the time and luxury to participate in carefully chosen management training.
Even the most experienced CEO can feel isolated at the top, feeling alone and unable to reach out for help or guidance. Many executives feel isolated and restrained. They fear that their private issues will be revealed to the outside world. For these people, the stakes can be very high. There is an increasing need to stop worrying and get involved.
This is compounded by the need of balancing personal and business needs.
This could account for the fact that in recent years, more CEOs have been fired or moved on before their time. This is why the Board needs to be more sympathetic with poorly performing CEO’s. While changing Brandon Long Marketing at the top might work, it won’t solve the problem. They should instead offer management support and moral support for the executives, either by directly intervening or by appointing executive coaches.
Executive coaching could be of benefit to all executives. Although some new CEOs don’t have the leadership or management experience they need, in certain cases, veterans CEOs may be better suited to the role. The world has changed drastically and many CEOs still use a style more suited for the Industrial Age.
Executive coaching can help fill that gap. Executives, like champions, need someone to give constructive criticism and give feedback. The executive coach may not be better than their playing, but he does know how to play well. The coach must be able and willing to coach. Jack Welsh, an executive who managed multi-billion dollar businesses, has his own coach.
If you are a CEO who has the time and is aware of the need to continue professional training, then you may consider participating in the senior executive development programs offered by leading institutes around the globe. But, most CEO’s are not able to have the time. At best, they might spend their time reading management books and professional magazines. A colleague professional can offer feedback, discussion and suggestions for improvements or behavioural changes.
A successful executive coach is typically an experienced businessman with track record. If he has spent years in similar industries to his clients, this wealth of experience will allow him provide sound professional advice that is balanced, informed and open. The executive coach needs to be skilled in communication, particularly listening, observation and patience. He also must get satisfaction from the work he does for clients, no matter how hard they do.