Wednesday, April 8, 2015

If you're considering coaching, here are 12 ways you might benefit

When I building my first company, I realized that the biggest limitation to my company's growth was my own growth as the founder & ceo. So I hired a coach. In a matter of months, my then-coach guided me to put in place a strategic growth plan, bring to life company values, work through stressful interpersonal situations, and be a lot more decisive and concrete in my style. It was invaluable.
If you're considering coaching, here are 12 ways you might benefit:
  1. Hard results - greater productivity, faster promotions, bigger profits
  2. Deeper learnings - about yourself, how you're perceived, where you can improve
  3. Faster action - advancing things faster and with greater precision
  4. Space to hear your own voice - to talk something through and gain perspective
  5. Awareness of perspectives, beliefs, and attitudes that may be holding you back
  6. Support and confidence to "lean in" and make bold moves
  7. Clarity on your values and what you stand for, which leads to greater conviction
  8. Ideas for ways to improve that you may not see - awareness of blind spots
  9. Emotional support, empathy, and encouragement - feels less lonely
  10. The cold truth others won't tell you
  11. Third-party moderation for 360-reviews, strategic planning, and conflict resolution
  12. Support for improving specific skills - communication, delegation, conflict management, team building, persuasion, etc.
In my eyes, these are incredible leverage points for growth. But don't get me wrong, coaching isn't a panacea. It won't work for someone who doesn't have a desire to learn and grow. In some situations, consulting or therapy may be more appropriate (see chart below). And let's face it: not all coaches will fit. There's an element of chemistry that needs to be right.