A Coach for Every CEO
CEO Executive Coaching In a recent blog by a fellow coach he argues that "every CEO is on the stage for the majority of his or her work life but needs pre-performance quiet and confidential time to be creative, bounce their ideas of someone in a safe environment and explore unintended consequences of future actions" Eric Schmidt, chairman and CEO of Google who openly admits that he was sceptical about the value of an executive coach now says if you have the opportunity to engage a coach "grab it".
He went on to say in the same article that "once I realised I could trust him (i.
e.
the coach) and that he could help me with perspective, I decided this was a great idea!" The Best CEO Coaches The best CEO Coaches offer more than mere crisis counselling, functioning instead like a personal trainer in a gym.
Their principle mission is to keep CEO's alert, aware, positive and operating at the top of their game.
But it is not a role that just anyone can play.
Though directors can help with specific situation-based advice and may be even personally capable of coaching it is really not their role to get personally involved in the details of the CEO's job.
If they did, they could not maintain the objectivity required when considering company performance issues.
Board Effectiveness When a board decides to move ahead and bring a CEO coach in, how should it proceed? Should a board hire such a coach or should it get its CEO to do the hiring? While CEO coaches are retained in various ways, the most effective way is for the board to tell its CEO they would like him/her to search out a coach for him/herself.
They should discuss with the CEO why they think executive coaching would be valuable and then talk through the characteristics/experience they might like the coach to have.
Beyond that, the CEO should be allowed to choose their own coach.
In some cases and with increasing frequency it is becoming common to build a CEO coaches'' services into the CEO compensation package.
Executive Coaches in Organisations CEO or executive coaches are now certainly more common in organisation - largely due to the increasing demands and stresses on the CEO in the modern day marketplace.
Smart CEO's and boards understand that and want to make available executive coaching as a stool to extend the longevity and the success of the CEO - a dynamic and productive partnership with a executive coach can be one of the most valuable investments for any ambitions organisation.
He went on to say in the same article that "once I realised I could trust him (i.
e.
the coach) and that he could help me with perspective, I decided this was a great idea!" The Best CEO Coaches The best CEO Coaches offer more than mere crisis counselling, functioning instead like a personal trainer in a gym.
Their principle mission is to keep CEO's alert, aware, positive and operating at the top of their game.
But it is not a role that just anyone can play.
Though directors can help with specific situation-based advice and may be even personally capable of coaching it is really not their role to get personally involved in the details of the CEO's job.
If they did, they could not maintain the objectivity required when considering company performance issues.
Board Effectiveness When a board decides to move ahead and bring a CEO coach in, how should it proceed? Should a board hire such a coach or should it get its CEO to do the hiring? While CEO coaches are retained in various ways, the most effective way is for the board to tell its CEO they would like him/her to search out a coach for him/herself.
They should discuss with the CEO why they think executive coaching would be valuable and then talk through the characteristics/experience they might like the coach to have.
Beyond that, the CEO should be allowed to choose their own coach.
In some cases and with increasing frequency it is becoming common to build a CEO coaches'' services into the CEO compensation package.
Executive Coaches in Organisations CEO or executive coaches are now certainly more common in organisation - largely due to the increasing demands and stresses on the CEO in the modern day marketplace.
Smart CEO's and boards understand that and want to make available executive coaching as a stool to extend the longevity and the success of the CEO - a dynamic and productive partnership with a executive coach can be one of the most valuable investments for any ambitions organisation.
Source...