Coaching can have a powerful impact on your organization. Coaching programs are a tool for developing high potentials, retaining key talent, preparing executives for new roles, building a strong leadership pipeline and in some cases, supporting Performance Improvement Plans (PIP).
Leaders who have been through coaching felt it positively impacted their lives by helping them to:
- Establish and take action towards achieving goals
- Become more self-reliant
- Gain more job and life satisfaction
- Contribute more effectively to the team and the organization
- Take greater responsibility and accountability for actions and commitments
- Work more easily and productively with others
- Communicate more effectively
One-on-one coaching is unique from other types of coaching for two reasons. First, the engagement is a partnership between the coach, the executive being coached, and the client organization. Second, the individual goals of the coaching engagement must always support the strategic goals of the organization.
While there are many types of employee coaching, a one-on-one coaching program contains the following steps.
The goal of each coaching assignment varies depending upon the assessment and feedback process but it is important to tie the results to agreed measurable benchmarks established by the company, participant, and coach in the beginning of the process. Providing coaching as a development opportunity for managers and executives is a true investment for the company. The goals should be communicated clearly to all participants benefitting from the process.