Talent Spolight of the Month: March 2024

Unlocking Corporate Success: How Executive Coaching Helps Corporate Executives.

At Timeo, we truly understand how leadership development and its organizational success impact matters to corporate leaders. In today's quick-moving corporate landscape, corporate leaders face challenges demanding exceptional interpersonal skills and technical competence. We greatly believe in executive coaching to help businesspeople navigate this fast-paced environment and realize their potential. Extensive research shows that executive coaching is a proven approach to driving sustainable behavioral change.

Why Executive Coaching Works for Corporate Business Leaders:

1. Individualized Approach: Executive coaching emphasizes the challenges and unique needs of each executive. It starts with a comprehensive evaluation to understand their leadership style, strengths, and weaknesses. Coaches build a trusted relationship with the leader through one-on-one sessions, cultivating a confidential and safe environment for self-reflection. This individualized approach allows leaders to determine blind spots, strengthen self-awareness, and develop strategies to deal with obstacles. International Coaching Federation research indicates that 80% of executive coaching participants have increased self-confidence, while 73% have improved relationships. Results reveal the transformative effect of personalized coaching on the effectiveness of executives, enabling them to excel in their leadership roles.

2. Focus on Behavioral Change: Unlike training programs that often provide theoretical knowledge, executive coaching is action-oriented. Coaches are working closely with executives to determine behaviors requiring design and improvement strategies. This approach guarantees leaders to actively engage in their development through real-life situations as growth opportunities. Another research notes that coaching intervention results in a 70% work-related behavior improvement compared to a 30% personalized training improvement. These findings manifest the importance of coaching for a meaningful behavioral change, leading to improved interpersonal skills, communication, and decision-making.

Why does Executive Coaching guarantee the behavioral change we want to see compared to training?

1. Continual Support and Accountability: Executive coaching facilitates through a continuous feedback loop with ongoing accountability and support for leaders. Coaches help leaders set their goals and track their progress alongside encouragement and guidance. This support system allows them to navigate corporate challenges, implement new strategies, and overcome obstacles, ensuring long-lasting behavioral change. Studies found that individuals who received coaching, combined with ongoing accountability measures, maintained behavioral improvements at a rate of 95% compared to only 5% without such measures. These statistics demonstrate the efficacy of executive coaching in fostering sustained and meaningful change among corporate business leaders.

2. Implicit Expertise Transfer: Executives benefit from the rich experience and expertise of their coaches, who often possess specialized knowledge in leadership development. Coaching conversations allow corporate leaders to boost their skills and gain valuable techniques and insights from their coaches. This reciprocal learning process promotes a better understanding of effective leadership processes applicable to real-world corporate challenges. In corporate business leader development, executive coaching serves as a powerful tool that promises behavioral change over traditional training programs. Executive coaching fosters leaders to unlock their full potential through a personalized approach, individualized feedback, and continuous support to enhance their performance and drive corporate success. As a boutique HR consulting firm, we commit to collaborating with our clients, guiding them through their corporate leadership journeys, and assisting them to thrive in the corporate world. Let’s embark on this life-changing coaching journey and witness its significant impact on your organization.

How can you learn how to manage as a coach and unleash people's potential?

We at Timeo, are excited to welcome you soon at our upcoming Coaching Masterclass 'Unleash the great coach within you' edition 10 a 7-week online class for you to learn how to manage and lead as a coach.

This program has won a coveted Brandon Hall Group award for excellence in the Leadership Development category for "Best Unique or Innovative Leadership Programme".

Coaching will help you to transform into the leader who brings the best in others, teams and organisation.

The world is a better place when people are good at what they do.

Let's be good together™.

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THE AUTHOR

Isabelle Larche

Managing Director, Recruitment & Executive Search at Timeo-Performance

Isabelle is a Human Performance expert, with over 10 years of professional recruitment experience, and 15 years of Business Management Consulting experience. Isabelle is the Vice President of the French Chamber of Commerce and Trade Counsellor (Singapore Chapter) to the French Embassy.

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