Why Executive Coaching is a Critical Factor That Enables Today’s CEOs & Leaders Succeed.
Why do CEOs & Executive Leaders need Executive Coaching? After all, generations of leaders before them managed just fine without help, right? In cold, hard English: The good ol’ days are gone & the world has moved on. According to a very insightful article by Ray Williams (Wired for Success – “Why Every CEO Needs a Coach”):
“Today’s president or CEO faces more pressures than ever. Business leaders are dealing with rapidly changing markets, technologies and workforces, increased financial and legal scrutiny . . . and more. Top executives who feel that they can handle it all by themselves are more likely to burn out, make poor decisions or make no decisions – potentially resulting in significant loss of opportunities, human resources and financial resources.”
Why do so few leaders succeed? Many C-Level assume that once they have advanced to a top leadership position, they don’t need to work on their professional viability. They are wrong & the statistics prove it:
- In the past two decades, 30% of Fortune 500 CEOs have lasted less than 3 years.
- Top executive failure rates as high as 75% and rarely less than 30%.
- Chief executives now are lasting 7.6 years on a global average down from 9.5 years in 1995.
- According to the Harvard Business Review, 2 out of 5 new CEOs fail in their first 18 months on the job.
- New Leaders have a 40% chance of demonstrating disappointing performance.
- 82% of newly appointed leaders derail because they fail to build partnerships with subordinates and peers.
(Source: Ray Williams; Wired for Success – “Why Every CEO Needs a Coach”, Psychology.com)
With these statistics of failure, why are so many leaders reluctant to engage an Executive Coach when coaching is a proven approach that helps leaders succeed? Why is the fact that Executive Coaching helps leaders succeed such a secret? How can leaders succeed? The answer can vary. While many leaders have the competence, or knowledge, or experience to become a great leader, many struggle with their egos (fear of showing weakness) or a leadership style that is out of sync with the times. But such stark poor performance statistics of leaders who do not take advantage of, and reap the benefits of an Executive Coach should be a wake-up call. Great leaders know that an Executive Coach helps LEADERS SUCCEED!
Executive Coaching Enables C-Level Leaders Succeed in 7 Key Ways:
#1 WAY LEADERS SUCCEED: Leaders gain increased awareness to improve performance by identifying practices that enhance AND damage performance.
#2 WAY LEADERS SUCCEED: Executive Coach’s Real-Time Observance of performances and guidance enables C-Level Leaders to improve effectiveness.
#3 WAY LEADERS SUCCEED: The Executive Coaching process identifies a leader’s weaknesses and develops the key skills and strengths leaders need to consistently perform, achieve goals, and succeed.
#4 WAY LEADERS SUCCEED: Positive and effective communication skills are critical. Executive Coaches help leaders develop and improve emotional intelligence and enable them to communicate effectively.
#5 WAY LEADERS SUCCEED: Executive coaches help leaders improve their emotional intelligence and how they communicate. This includes speaking up with confidence at the right time and in the right way. It also includes listening more effectively with the intention to understand more and judge less before responding.
#6 WAY LEADERS SUCCEED: An Executive Coach emphasizes the importance of developing a positive mindset, focusing on future goals and success and abandoning past failures and struggles.
#7 WAY LEADERS SUCCEED: Coaching allows C-Level Leaders to focus on the mastery of positive leadership skills enabling they to meet goals and produce definable results
How do you avoid this trap? How do you join the “Leaders Succeed” Club? Throw out the “always-did-it-this-way” mentality & find an Executive Coach TODAY.
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About RJ Winston Consulting: Reginald Winston, CEO and founder of RJ Winston Consulting, Inc. has 25+ years’ experience in Organizational Development with a focus on Executive Coaching & Training, Team Building, Group Facilitation, Conflict Management, and Professional Life Coaching. Before consulting, Mr. Winston held positions in numerous large organizations including Ameritech, SBC, Motorola, Advocate Health Care, Corning Consumer Products and the Federal Reserve. In addition, Mr. Winston’s service in the US Marine Corps and assignments with the United States Department of State gives him a unique insight in the challenges management teams & leaders face in the expanding global world market.
Mr. Winston has extensive experience in working with Hospital Administrators and Senior Medical staff (doctors, nurses and executive-level hospital administrators) in a wide variety of hospital settings and departments. His experience also extends to the public & private sector, as well as industrial, manufacturing and corporate environments where he has provided coaching services to C-Level Executives, Mid-Level Directors & Managers and teams. Mr. Winston holds a Master of Science Degree in Organization Development (MSOD) from Loyola University, in Chicago, Illinois.
If you decide to take advantage of the Executive Coaching process, what should you expect? The RJ Winston Consulting Executive Coaching is an 8-Step process that begins with an in depth, one-on-one consultation with you to assess if we are the “right” fit for you. If, after our consultation, it is determined that RJ Winston is not the best coach for you, we will refer you to another Executive Coach from our professional network.
How long will the coaching process take? Because we tailor each of our coaching programs to our client’s unique needs & goals, there is not a specific time frame for coaching. However, for most clients the Executive Coaching process typically takes a minimum of 1 year. We meet once a week for an hour for the first 6 months, then every other week for the second half of the year.
To learn more about RJ Winston Consulting’s Executive Coaching services; download our Infographs: Benefits of an Executive Career Coach; Why Coaching Works
Ready to Schedule a Coaching Consultation? Just send us a consultation request:
SCHEDULE a C-Level Executive Coaching Consultation
SCHEDULE a Group Coaching Consultation
SCHEDULE a Conflict Management Consultation for your Team
SCHEDULE a Professional Life Coaching Consultation
Have a specific question? We are happy to answer. CONTACT RJ WINSTON CONSULTING. Visit our website: www.RJWinston.com or CALL: (708) 227-1254