Significance of Being a Coach to Group of CEO
Being a CEO is a very prestigious thing, it is a high position. Once you are up there, you are treated as a model employee who is looked up to. People seldom forget that these CEOs’ too are human beings and they have their blind spots. They can make mistakes and they too, should always be encouraged to keep learning.
Often, gaining new perspectives helps people who work at this level to gain new insights. They can approach problems differently and improve their performance drastically. CEO coaching is no longer treated as a remedy for an issue, it is rather a competency enhancing effort.
The difference an advisory group CEO can make:
- All professionals have a coach. From sportsmen to public figures, everyone needs someone to bring them back on track if in case they deviate from their paths at any given time.
- Coaches will help bring your blind spot to light. Because of their sheer experience, CEOs are likely to have created stronger biases and barriers that need to be broken down and checked on time and again to ensure they are not losing sight on what is important.
- A CEO advisory group will help CEOs identify the barriers, how to tackle those barriers, detach from emotional views on things and achieve the overall organizational goals.
- Coaches help you self-reflect by asking the right questions. Since they have been specially brought in to dig deep into your purpose and methods, they have the authority to ask questions others do not have. Thus, making conversations more open and purposeful.
- CEO peer advisory groups are also helpful in building learning organizations. They help in transforming the executive attitude from a ‘know it all’ thinking to a ‘what am I missing?’ approach that opens a whole new world of perspective.
- These coaching programs are sought after to manage any conflict that CEOs might be facing with the organization, employees or CEO peer groups. Coaching programs are specially created to enhance skills which can help maintain positive interpersonal skills and deal with conflicts effectively.
- As a coach, you can have conversations that nobody is willing to or dares to have. The board nor the employees will be able to delve into personal details like a coach does. You are not just a trainer but a partner who is logical, objective and honest. Matters need to be handled with utmost honesty and respect.
- A coach will also help CEOs expand their horizons by looking at multiple options. These sessions will also allow the executive level of decision making to improve significantly.
- You will build a good rapport with these executives because they have the intention to learn and are open about seeking help.