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Five Reasons Executive Coaching Experiences Fail

April 18, 2018 By Patti Cotton Leave a Comment

Five Reasons Executive Coaching Experiences Fail
Image Credit: Shutterstock

You realize that developing your leadership and that of your team gives you a competitive advantage. After all, behavior is what drives your company’s strategy, structure, culture, and systems.

You are also starkly aware that what got you to this point won’t carry you into the future. In this complex world, a commitment to developing talent at all levels of the enterprise is not a nice idea – it’s a necessity.

Where do you start? You’ll want to model from the top, and so you are probably thinking that a first good step would be to hire a coach for you and key members of your executive team.

Executive coaching has been highly recommended to you as leader as the best answer to your development.  You’ve read the statistics and they sound promising. The ROI for executive coaching has a healthy average of 7 to 10 times the investment, with some even reporting up to 49 times.

But you have a nagging doubt that has kept you from making a move to start the process. What if it doesn’t work for you? You’ve heard of a couple of stories where another decision-maker’s coaching experience didn’t meet expectations. Wasted time, energy, and money.

How can you make sure you get the same great results you keep reading about – and move confidently as you meet the future, now?

Here are 5 reasons that executives might not get the kind of return you read about – and how to start out right so that you can make an investment that pays off well for you.

Five Reasons Executive Coaching Experiences Fail

1. You don’t know what kind of coach you need.

Opening a coaches’ directory will reveal different kinds of coaches, and the choice can be overwhelming. Here are the three primary types of coaches so that you can see the difference:

a. Life coach – focuses on the whole person, personal and professional goals, aspects of life such as health, wellness, personal finances, life direction, and more.

b. Business coach – brings processes, tools, and concepts to team and enterprise growth (business coach and business consultant are closely related with quite a bit of overlap). Works on a variety of goals, including strategy, marketing, overall performance, and more.

c. Executive coach – helps unlock leadership potential, facilitating change in someone’s personal behavior that will ultimately result in achieving business goals. Executive coaches are typically hired to help C-suite, VPs and other executives with setting, supporting, and achieving personal improvement goals. Examples of focus can include developing greater leadership skills, managing staff, improving communication, managing conflict well, increasing productivity, increased agility, decision-making, and more.

2. Your coach doesn’t have the formal training and certification to be most effective.

Has your coach had the benefit of a robust accredited coaching program that utilizes proven methodologies for best adult learning and development?  And are they certified with the International Coach Federation or similar accrediting body so that you can be sure they meet highest standards in ethics and in practice?

3. Your coach doesn’t use a solid model and framework for results.

Unless your coach can use a solid model and process that keeps you focused on the goals you set with them, keeps you moving forward, allows you to assess progress as you move forward, and has the ability to truly measure outcomes, then you will not be able to bank on best results.

4. Your coach can’t meet you at your level to provide the support you need.

Coaches vary in their own levels of personal development and leadership experience. A coach does not need your industry background, or to have held the same position you now hold. However, they need to be able to help you navigate your growth and understanding where you are in your development and how you meet the world is vital to their asking the right questions to do so. The coach’s own leadership background, as well as their past client roster and client testimonials should be helpful indicators as to whether they can support you well in this regard.

5. You aren’t willing to do the work.

Change is challenging, and it requires great courage and vulnerability to look at one’s own “growing edges.” Many clients have hired coaches, only to go through the motions and not give the initiative the focus necessary to truly develop self. If you recognize that you are ready to step into a higher level of leadership, make the commitment to do the work. The results are life-changing when you give it 100%.

In order to manage well in an ever-evolving, complex world, having an able thought partner who helps you to see the landscape and navigate well is priceless. The ROI of executive coaching can be a game-changer for you, your team, and the company, if you are confident in how to go about selecting a coach, and if you make a strong commitment to change.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Radical Engagement: Building Trust with Your Clients

April 11, 2018 By Patti Cotton Leave a Comment

Radical Engagement: Building Trust with Your Clients
Image Credit: Shutterstock

How much do your clients trust you?

If you don’t know, you may already be in danger of losing them.

In a world where relationships rule, trust is imperative. But it’s not always easy to be transparent with clients.

What does trust look like when you have a lot to lose?

Competition is fierce and delivering the best in products and services means going above and beyond rivals. However, let’s admit it – being the best all the time in every single way isn’t reality. Even if we are highly committed to the client and our process normally yields great results, things happen – for example, a missed deadline or a snag in product.

Even more serious, your business may encounter a particularly tough time enterprise-wide that risks to compromise your reputation in the marketplace.

When you find yourself in a vulnerable position with a client, you may fear losing the relationship.

However, if you have delivered great service with consistency in the past*, this situation could actually be an opportunity to strengthen it.

How do you recoup in a way that builds trust with your client?

Radical engagement!

Radical engagement means communication, transparency, and responsibility.

  1. Communicate well, communicate early, and communicate, communicate, communicate.

Once you recognize a point of vulnerability, whether a deadline may be compromised, or your company is receiving negative press because of a temporary downturn, the inclination is to hide and hope that the client doesn’t notice.

Of course, that doesn’t work. So rather than wait to hear that the client has noticed, be proactive and reach out to connect and update. Doing so demonstrates that as a valued client, they should be kept updated. This will show them that you are taking responsibility for your commitment.

  1. Be transparent.

We tend to want to downplay situations that compromise our reputations, hoping that a “soft” version of the truth will be easier to accept.

But this is where most companies actually lose clients because the real truth generally emerges.

Instead, be transparent: “Here is the situation, here is our plan to recoup, and here is what we are doing so that this doesn’t happen, again.”

Anything less, even with the most effusive appreciation for their understanding, will not reflect your commitment to serving them at highest levels.

  1. You can’t please everyone, but you can acknowledge responsibility.

Just because you are transparent, and you communicate well and often, this doesn’t mean you can avoid unpleasant reactions from clients. When others are counting on you, disappointment can be keen and emotions can flare.

However, remember that you are responsible, and acknowledge this. Let them know that if you were in their shoes, you would be disappointed and upset, as well. Remind them of your plan of action for recouping and recommit to serving them well. Let them know you will stay in close communication along the way until you deliver results.

Again, if you have delivered great service with consistency in the past, follow these three steps when you hit an unexpected snag that affects them. In doing so, you are sure to strengthen that client’s trust in you.

*For more on the topic of earning and keeping trust, companies of all industries and sectors can benefit from Leonard Berry’s article entitled How Service Companies Can Earn Customer Trust and Keep It, Harvard Business Review, 2017.

HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Are Your Business Partnerships Hurting You?

April 4, 2018 By Patti Cotton Leave a Comment

Are Your Business Partnerships Hurting You?
Image Credit: Shutterstock

Whether you represent your own business, or you hold a corporate responsibility, your company thrives on good business partnerships.

When these are healthy, they can be powerful in helping you leverage your business growth.

But if you have a business partnership that isn’t smart, it can actually damage your business and professional reputation.

How can you tell whether yours are hurting you?

Here are Five ways to assess your business partnerships.

1. Is the business partnership purpose-driven?

Does the partnership move you closer to your vision and goals? Many partnerships are founded on fleeting fancy.

“It seemed like a good idea at the time,” bemoaned one executive. “But the energy it requires has really steered us off into left field.”

If a partnership isn’t supporting your ultimate purpose, you are choosing to compromise your endeavors for the sake of shiny objects. Time to get tough.

2. Is the business partnership a positive experience?

Is it enjoyable and easy to work in this partnership? Or does it feel like a struggle each time you interface with one another?

If you dread that next meeting or interaction, ask yourself what lies underneath. Is it simply a matter of learning to communicate differently, or are you just not a fit for one another?

3. Is the business partnership productive?

Are you seeing results from your partnering? Or is the relationship one long conversation leading to another without any real action or outcomes? If you are holding space for a business partnership that does not yield results, ask yourself why. There may be a conversation that needs to take place to see how to produce.

4. Is the business partnership mutually beneficial ?

Can the partnership equitably benefit both of you? Are you and the other party well-positioned to be able to contribute to one another?

Many a partnership has been formed out of mutual appreciation – and not because they can truly benefit one another in some kind of equitable manner. If this is your case with a particular relationship, you may want to adjust how much time and effort you devote to it.

5. Is the business partnership an edifying one?

Does this partnership reflect highest integrity? How can you trust this? If you haven’t done your research, do so before committing to the association.

Does the partnership add value to both parties? If you and the other party are “better together,” or the better for having associated, then the answer is a resounding “Yes!”

Make sure your business partnerships are smart, productive, and trustworthy – and that those who partner with you can say the same of you.

HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Focus Bandits – Have You Been Robbed?

March 28, 2018 By Patti Cotton Leave a Comment

Focus Bandits – Have You Been Robbed?
Image Credit: Shutterstock

Are you easily distracted, or are you finding it hard to concentrate?

Worried this will affect contributing your best work?

Before you get swept away in a sea of overwhelm, see if these three focus bandits are lurking in your vicinity.

If so, I’ve given some tips for you to eliminate the thieves and recapture clarity and focus so you can get going!

1. Unfinished business.

You may be carrying a stress load from unresolved conflict.

Is there a current challenge outside of the immediate work at hand that you need to resolve? A critical conversation that needs to occur?

Even more insidious is a long-standing situation that has silently eroded your focus for some time. If you aren’t sure as to whether you have any of the latter in your life, do a short self-assessment.

Rate yourself from 1-10 in the following areas:

  • Personal finances
  • Friends and family
  • Intimate relationship
  • Career
  • Fun and recreation
  • Physical environment
  • Spiritual life

With 10 being ultimate success, give yourself a score in each area. If any are less than 10, ask yourself what holds you back from a 10. The problem will emerge, and then it’s up to you to decide how you will resolve it.

2. Too many good things.

The adage, “Because I can, I do,” is bunk.

When a client tells me he or she is overworked and highly stressed, it usually comes from one of three areas:

  • Mismanagement (lack of delegating appropriately, avoiding conflict to allow it to pile up and affect the team, or other poor management practices)
  • A need to please others by accepting new assignments or an increase in responsibility without the proper support
  • Delusions of grandeur (believing you can handle it all, when the calendar shows it is physically impossible)

Do any of these feel as though they might be the case for you?

The mind needs “white space” or downtime to reflect, process, and actually follow through with the work prescribed from all those meetings we attend.

If you aren’t finding that white space in your life, it is time to re-organize. Identify the non-essentials and delegate or eliminate. You can have it all – just not all at the same time!

 3. Lack of organization, prioritization.

I find this less in my corporate clientele than my entrepreneurs, only because it is tough to wear several hats at once when you are building a business. However, this can also creep up when you are a corporate executive, and it usually occurs when you have just been handed an additional area of responsibility.

If this is you, whether things have just piled up, or whether you have accepted new opportunities, you’ll do best with formulating a 90-day plan of action to help you…

  • Prioritize
  • Identify short- and long-term wins
  • Determine the internal and external connections you need to cultivate in order to best get the work done
  • Establish a process whereby you can stay focused on the top priorities

I’ve helped many clients turn things around with this approach, and besides getting organized, the plan has kept their focus to a level that builds great credibility with others quickly.

And finally (bonus tip), here is the unvarnished truth for you who are eternal optimists:

You are fooling yourself if you use phrases that sound like, “As soon as _______ happens, I will have more time to breathe easier, capture more white space….”

If you find yourself in any of the above descriptions, you can recapture a great deal of focus and lessen your stress by simply being tough enough to create better boundaries for yourself.

It’s not always easy – but the reward is oh, so great.

HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Is Your Compassion Hurting You in the Workplace?

March 21, 2018 By Patti Cotton 1 Comment

Is Your Compassion Hurting You in the Workplace?
Image Credit: Shutterstock

Is your ability to have compassion for your colleagues hurting you?

Some of you have told me that when you show you care for others in the workplace, you become drained of energy. You discover you are the “go-to” person when problems arise or when people need a shoulder to cry on.

Others have told me it is hard to make tough decisions that could negatively affect others, and still feel compassionate.

If either of these situations hit close to home, don’t blame it on compassion.

Blame it on poor boundaries and a misunderstanding of what compassion really is.

Do you need to stop showing others you care? Not at all.

But when I talk about compassion in the workplace, a lot of people bristle and throw words like “soppy,” and “gutless” around.

“We had a ‘fluffy’ CEO,” said one manager. “Everyone loved him. But he could never make the tough decisions we needed in order to hold people accountable.”

Others roll their eyes and tell me that when they show compassion, an endless stream of needy people line up at the office door for counseling, advice, and a sympathetic ear.

“I’m absolutely spent,” said Jan. “People have so many problems and see me as a mentor. I can be there for them because I listen well and really care about the people here. But it seems like when one problem disappears, another arrives, and they are back at my door the next week with something else.”

However, compassion is anything but gutless or fluffy. And it is not being the “therapist on call.”

True compassion takes great courage to embody – and it’s vital to good leadership.

Compassion means to hold others with positive intent, to feel concern for their well-being.

It does not mean to be on call to fix others’ problems. And it doesn’t mean avoiding making the right decisions even though some may not like how it affects them. It simply means that you need to care about others and hold them in positive light.

So what does compassion really look like in the workplace? And how do you practice it?

Here is a quick checklist for you to sharpen your ability to show compassion and keep healthy boundaries:

1. When others bring you their problems, ask yourself the following:

a. Am I the right person to address this problem?

People may come to you because you have an ability to listen and sift through problems. However, the issue they bring to you might belong in another office. Is the problem of a work nature, and if so, who is the right decision-maker that can help them resolve it? Is the problem of a personal nature, and thus better discussed with those parties directly involved, or with a counselor? Begin to triage in this way so that you can redirect as appropriate.

b. Is the person bringing me the problem asking for help in solving it?

Sometimes, people just want a sympathetic ear. However, if you have someone who continues to come to you about a particular problem because you are good listener, you may want to ask them what they want to do about the situation. People can develop a chronic need for sympathy.

c. And finally, fixing others’ problems for them when they should be stretching their problem-solving skills doesn’t help them to grow.

Allow your employees and colleagues to “adult” by taking a coaching approach. Learn to ask them questions, such as, “How do you feel this should be handled? What possible solutions have you thought about?”

Then, if they are still stumped and you are the appropriate party to help them address the problem, help them to brainstorm with more possibilities, if needed.

2. Holding people accountable is compassionate and, you might say, the ultimate way to love others.

Confronting the tough stuff that holds your employees back will allow them to grow into more of their potential, be a greater contributor to their team, and thus support the enterprise more effectively. And that means that everybody wins.

3. Making tough decisions that may adversely affect some of your employees doesn’t mean you don’t care about them.

It means you ultimately care about everyone. Supporting a healthy enterprise provides good and meaningful work for the people who work there. Pleasing some people to the exclusion of the current and future health of the organization means hurting everyone.

Where in your practice of compassion do you need to recalibrate?

HOW MUCH

DO OTHERS REALLY TRUST YOU?

​Learn the two vital parts to trust and how they can help you become a more highly effective leader.

GET THE INFOGRAPHIC

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

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