Unlocking Leadership Potential Through Executive Coaching - SucceedSmart Talent Acquisition Platform

Maximizing Your Leadership Potential: The Role of Executive Coaching

by | Mar 9, 2023 | Leadership Candidates, Leadership Tips

Whether you’ve been an executive for a while or just starting in your first leadership position, it’s important to remember that what goes up can also come crashing down. One of the best ways to stay ahead of the game to maximize your leadership potential is to engage the services of an executive coach.

Congrats, you’re an executive. Now you have the responsibility to lead. How can you be sure you have the tools to lead effectively and efficiently? You will need guidance, support, and feedback to reach your full leadership potential. An executive coach is one of the best resources you can tap into to increase your self-awareness and emotional intelligence, improve decision-making, and enhance communication and interpersonal skills. While you might think getting an executive coach is a sign of weakness, it signals that you’re a life-long learner interested in improving your core competencies to help drive personal and organizational success. The power of coaching is remarkable, and some of the essential benefits are mentioned below. Read on to learn about the five key benefits of executive coaching.

Five Important Benefits of Executive Coaching

1. Empowered leadership through self-awareness

With a coach by your side, you’ll be a leader who is more self-aware and is driven by a passion for excelling. Coaching-based leadership interventions create a remarkable improvement in the performance of executive leaders and professionals like yourself. A coach will help you achieve clarity of thought and better reasoning ability while making complex decisions. In essence, it creates the confidence to believe in your ability to work with your peers and the world.

“To know yourself, you must sacrifice the illusion that you already do.” — Vironika Tugaleva

2. Empathy Enhancer

Awareness and acceptance of your strengths and weaknesses creates empathy to accept others as they are. Coaching sessions develop an understanding of other people and their intentions and emotions. The deeper you are aware of yourself, the more you can understand other people as well. Executive leadership roles involve interactions with countless people. People look up to executives like yourself for inspiration and guidance, and empathy creates the pathway to connect.

In a Forbes article titled, “Leading With Empathy In Today’s Working World”, the author states, “EY’s 2021 Empathy in Business Survey uncoverssome staggering insights on the transformational impact of empathy at work, with 89% of employees agreeing that empathy leads to better leadership, 88% feeling that empathetic leadership inspires positive change within the workplace and 85% reporting that empathetic leadership increases productivity among employees.

In the report, Steve Payne, EY Americas Vice Chair – Consulting said, ‘Our research finds that empathy is not only a nice-to-have, but the glue and accelerant for business transformation in the next era of business. Empathy’s ability to create a culture of trust and innovation is unmatched, and this previously overlooked trait must be at the forefront of businesses across all industries.’”