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1©Thinking Partners, Inc. 2006
Executive Coaching:
An Emerging Professional Service
August 25, 2006
The Whitehall Club
Bruce AndersonMaster Certified Coach
www.thinkingpartners.com
2©Thinking Partners, Inc. 2006
Agenda
• How I became a coach
• How the coaching has evolved
• Coaching approaches
• Examples of typical engagements
4©Thinking Partners, Inc. 2006
Coaching Defined
• Professional Coaching is an ongoing professional relationship that helps people produce extraordinary results in their lives, careers, businesses or organizations.
• Through the process of coaching, clients deepen their learning, improve their performance, and enhance their quality of life.
5©Thinking Partners, Inc. 2006
Coaching Facts• Meeting an unmet need for non- pathologically based
personal service that provides for an opportunity others to learn and be successful in the world.
• Mainstream press has been mostly favorable. – Articles in : Harvard Business Review, Forbes, Fortune, Business Week, and
the Wall Street Journal.
• There are now academic journals on coaching and universities (including U of H and UT) have offerings on coaching in graduate programs.
• Many small and large companies use coaches.
• $1 billion per year spend on executive coaching in US.
7©Thinking Partners, Inc. 2006
International Coaches Federation
• Ten years old with 10,000 members world-wide
• Professional Ethical Guidelines
• Coaching Competencies
• Thirty certified training organizations, including Coach University, Newfield Network, Georgetown University
• Professional Certifications - Master Certified Coach/Professional Certified Coach
8©Thinking Partners, Inc. 2006
Coaching Facts• 40% focus on business and leadership
• 60% some other type of coaching such as life coaching
• There are a number of different styles and approaches to coaching.
• As in most entrepreneurial endeavors there is a wide range of income and success.
10©Thinking Partners, Inc. 2006
The Leader
The Company
Competencies
Values
Behavior
Focus
Alignment
Collaboration
Trust
RevenueEnhancement
CostManagement
Risk Management
CoachingEnhances
Effectiveness
Business Consulting Enhances
Effectiveness
Critical Factors For Business Success
11©Thinking Partners, Inc. 2006
Requirements for Personal Change
AwarenessAcceptance
A declaration to changeEnergy and time
Shifts in beliefs and assessmentsSkills/behavioral development
Consistent applicationFeedback systems in place
12©Thinking Partners, Inc. 2006
Developing Awareness
• The Birkman Inventory• Other personality inventories• Emotional Intelligence assessment• 360 Degree Assessments• 360 Degree Interviews• Enneagram Personality typing system• Various self discovery exercises and readings
13©Thinking Partners, Inc. 2006
EXTERIORINTERIOR
INDIVIDUAL
BODYHealth
BehaviorExecution
Systems“The Business”
EconomicsBusiness Structure
TechnologyExternal worldLife Structure
LANGUAGEEMOTIONS
MoodsBeliefsValuesNeeds
Personality
Company Culture
Social cultureFamily CultureShared BeliefsShared ValuesShared Stories
Social Practices
COLLECTIVE
Leadership Mastery Map
SUBJECTIVE OBJECTIVECOACHING
CONVERSTION
14©Thinking Partners, Inc. 2006
Engagements• Most engagement are 6 to 12 months in duration. • Coach engaged by business owner or executive in
corporation who want to be more successful• Coached hired by corporation as part of leadership
development process for an individual or individuals such as high potentials or newly appointed leaders.
• Coach hired by corporation to address specific issues with an employee.
• Fees are $1000-2000/mo
15©Thinking Partners, Inc. 2006
Representative Engagements
• President- $35 million transportation company• Managing Principal-executive search firm• Senior VP-$1 billion LNG Business.• President-$500 million E and C business• Owner-$3 million commercial installation company• Owner- $1.5 million garden center• President- $5 million engineering and design firm• Managing Principal- $30 million architectural firm