10 Things to Expect from a CEO Coaching Programby Steven J. Lyman Digital Marketing
Coaching programs are used by organizations as a tool to develop potential in its people, to retain necessary talent and to help in succession planning and to support people for the arrival of new roles. Thus, ensuring that a pipeline is built where there is a good leadership structure. The impact of coaching programs as a tool is powerful on an organization.
What is CEO coaching?
CEO training programs comprise of one or a group of executives who act as coaches to enhance best practices, follow ethical principles and enhance company policy. These professionals are qualified to work with employees who are of high potential or other executives and guide them to achieve their objectives. These programs look at clarifying goals, making individuals more self-aware and help tap into people’s hidden potential.
These programs do not work as therapy or counseling does. Advice and problem-solving is avoided in this process. It is more about making executives realize what their true goals are and empower them to come up with strategies to solve blockades and attain said goals. If additional therapy consulting is required, executives are referred to professional therapists.
10 things CEO development programs do:
1. Support clients and keep things confidential.
2. Challenge base assumptions and ask the right questions.
3. Help clients gain clarity on their goals.
4. Provide relevant resources to help them move closer to their goals.
5. Assist in promoting self-awareness and self-reliance.
6. Come up with action-plans to achieve goals.
7. Enhance life and job satisfaction.
8. Increase productivity and contribution towards the organization.
9. Learning to take responsibility and be accountable for commitments and actions.
10. Become better at communication.
Why CEO training is sought after
CEO training programs are useful if an organization wants to retain top talent and people with high potential. It is a way in which companies invest in this agenda. Having coaches for this purpose used to be stigmatized before, but it is no longer the case. Organizations need help and they don’t mind asking for it.
It has become common for organizations to identify CEO organizations that could use the guidance of coaches through a ceo development programs if individuals are facing challenges. Challenges can be of any nature, from general development, transition/succession coaching, interpersonal relations, grooming, etc. Additionally, any behavioral issues are also addressed in case of any conflicts that exist in the company.
What to expect?
CEO development programs do not happen in a day. The duration of the process depends on the issue being dealt with. It often happens in phases which include understanding the requirement, assessing the current scenario, setting goals and developing a plan. Follow-up is also a key part of this process to ensure the individual is working towards the formulated goals. The program is terminated when the goal has been reached or the individual no longer has to continue. The typical time this whole process might take is about a year.
Since these programs are knit to the specific needs of individuals, there is an important element of confidentiality that has to be maintained. Since the organization has invested in this program, they might want regular updates on the progress of their employees, so, while that shared, no other details will be let out.
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Created on Feb 28th 2020 14:11. Viewed 184 times.