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The Benefits of Executive Coaching
Posted: Feb 27, 2021
Executive coaching is becoming increasingly popular for organizations of all sizes because of the benefits it provides. In fact, companies invest over $1.5 billion in this service annually, and that number is sure to rise as it becomes more mainstream.
The idea is that executive coaching can improve an office's culture and create a more enriched workplace. The result is happier, more productive employees who are willing to go that extra mile because they feel like they're part of the team.
Of course, getting employees to that stage involves improving upper management members' interpersonal skills, which is one of the benefits of executive coaching.
Here's a look at some of the ways an executive coaching service can help your company.
Improve Self-Awareness
One of the main areas that an executive coaching service addresses is the self-awareness of upper management.
No one is perfect, and even executives within an organization have bad days where they go through a range of emotions. However, taking these emotions out on employees can cause tension in the workplace, making it less pleasant.
For example, if you get stuck in traffic on the way to the office, you might walk into the building in a bad mood. In this situation, the first employee that crosses your path might get an earful, even if that individual has done nothing wrong.
Avoiding this scenario will take some self-awareness to identify that you're in a lousy mood and recognize that no one in the office is to blame for your emotions.
Executive training can help managers to maintain awareness of their moods so they can regulate their reactions.
Practice Self-Regulation
Hand-in-hand with self-awareness is self-regulation. Self-regulating involves showing restraint when dealing with employees and possessing a high level of emotional intelligence.
Self-regulation doesn't only mean controlling anger, either, as feeling uncomfortable or uneasy can lead to awkward interactions with employees.
For instance, a new employee might be incredibly nervous for the first day on the job. You might subconsciously identify that nervousness, causing you to feel uneasy about the new hire, influencing your interactions with that individual.
Practicing self-regulation would include not allowing these first communications to affect your future interactions with this new employee.
The gist is that you'll want to regulate your emotions and interactions with all people within the workplace.
Show Empathy
As a manager, one of the most important things you can do is show empathy. Your employees are human beings who, much like you, go through a whole range of emotions on any given day.
By showing that you care about your employees, you can build loyalty and, in some cases, become an adviser that your workers can trust.
Ask your employees how they're doing and if there's anything you can do to help with their day-to-day lives. By making yourself available to listen to their problems, you create a family-like atmosphere within the office, creating loyalty.
These traits make the office a more cohesive location that is sure to bring long-term employee retention benefits.
Improved Social Skills
A manager's social skills are essential because that's how you build relationships within the workplace. No one wants to be in an office where they feel like they don't have an identity and are just a number.
By improving your social skills, you'll find it easier to relate to employees, and they'll feel like they belong to part of a team. The key is becoming an excellent communicator without coming across as dominating.
Not every manager is a naturally charismatic individual, but participating in some executive training can help you build these skills and become more interactive.
Better Leadership Skills
By combining improved self-awareness, empathy, and social skills, employees will see you as a better leader within the office. Your employees already know that you're the boss, but showing that you're just like them in many ways can lead to a more harmonious work environment.
Becoming a better leader also makes it more likely that your employees will put in that little bit extra for you, leading to better results.
Get Some Executive Training
If you feel like your organization would benefit from some executive training, don't hesitate to give it a try. The result will be a more cohesive work environment for everyone and, potentially, employees wanting to stick around for more extended periods.
The Leadership Development Institute provides executive coaching in the San Francisco Bay Area to start-ups, large corporations, and everything in between. Our team provides the leadership training your organization needs to take that next step. Visit https://www.bayareaexecutivecoaching.com for more information.
Ken Mozlowski is Senior Project Manager with ACS Group providing web development and SEO Services to businesses of all types and sizes.