TIME - For most executives, time is in short supply.
Many executives,
upon initial exposure, may not see coaching as necessary or important.
For coaching to work, however, the commitment to regular
collaborative
conversations is critical.
EGO - Admit it or not, many executives have
very strong egos!! The ego
is part of the ability to advance, and it can get in the way, too! The
coach must be sensitive to the executive, and achieve balance in
delivering truths that may challenge an executive's perspective and
opinion - and ego.
CONFIDENTIALITY AND TRUST - It is indeed
often lonely at the top. Many
executives are wary of outsiders. Talking openly with
an outsider is a
huge leap of trust. The professional coach must immediately
build an
environment of trust, confidentiality, and safety for the executive
being coached.
PEER RESPECT - Many in the workplace do
not understand the need for a
professional coach. Those being coached may be subject to criticism and
cynicism from others. It won't be long however, before the obvious
benefits of executive coaching are seen by others. The advantages and
benefits ARE visible, and soon those who mocked this practice will be
scurrying for their own coach!
COMPATIBILITY - It is vital that a coach
and executive be compatible,
and quite frankly, this is not always possible. Coaches are trained and
experienced to develop compatibility, but should this not occur, the
executive may need to work with a different coach.
CREDIBILITY - An external coach often does
not have experience in the
field or industry in which he or she has been contracted to coach. Some
may see this as a liability, but in most cases it becomes a strength.
The external coach is not pre-biased, and brings open objectivity to any
project. An external coach can clearly see personal and industry blind
spots.
PERCEIVED DEPENDENCY - Some leaders
believe they should "tough it out"
alone, or that they have all they need for success. With that mind set,
contacting a professional coach may be seen as a sign of weakness, or
fostering continued dependency. Those who use professional coaches can
tell you this is simply not so. A coach is not a crutch. A coach will
not do the work for you, or drag you somewhere you don't want to go. A
coach is a business asset. A coach empowers, inspires, mirrors, and
facilitates - you do the work, and you experience the rewards. A
professional coach promotes learning life skills. Like riding a
bicycle, you don't forget them.
FINANCIAL CONSIDERATIONS - In troubled or
challenged corporations or
individual executive coaching situations, money can often be perceived
as a "problem," and will be considered a major stumbling block. The
costs for executive coaching range widely depending upon the services
provided. Professional coaching must be viewed as an investment in the
future. It provides a competitive edge that will yield increased
profits and bottom line results. Executive coaching has quite literally
saved the futures of whole corporations and individual careers. The
coaching client must consider this a wise investment, not another debt.
The return on investment in these cases is phenomenal.