it’s lonely at the top – who supports the ceo — www economicvoice
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It’s lonely at the top – who supports the CEO?
Nobody has all the answers – but who can the CEO turn to for
advice and feedback? Alan Denton of executive coaching
company The Results Centre (www.theresultscentre.com) looks
at the role that executive coaching can play in reducing the
isolation of the CEO.
Senior executives tend to be a driven breed. However, many are
so focused on the journey to the boardroom that they may be
unprepared for what they experience when they get there.
Basically, it can get pretty lonely at the top. With the demands
of staff, shareholders and management teams all looking for
answers, CEOs and senior staff can often find themselves
isolated, lacking colleagues who can help them formulate ideas,
run through options and supply dispassionate feedback and
challenge.
Great leaders and managers are aware of the power of not
knowing all the answers, showing some degree of vulnerability
and being prepared to be wrong on occasions. This may mean
taking risks, stepping into their discomfort zone and not always
being the all-seeing, all-knowing boss.
Earning leadership
It’s lonely at the top – who supports the CEO? — www.economicvoice.com
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A management position is often earned by service, knowledge,
experience, tenacity, ability, timing and networks; it is an
appointment. However, being a leader in the true sense of the
word relies solely on the willingness of others to follow. Those
who believe that leadership is automatically given with
authority are highly likely to fail.
With many CEOs apprehensive about showing weakness to the
people who see themselves as a future CEO, who can they
discuss their fears and hopes with? Often staff are scared of
giving honest feedback to their boss for fear that it will be
interpreted as personal criticism or harm their career
prospects. This is where an independent, external influence can
be so important. Unfortunately, some business coaches can
seem more interested in getting to the next meeting than telling
the hard truth.
• Coaching can also be perceived as a weakness. I’ve lost count
of the number of senior executives I’ve spoken to who assert:
• Coaching is for failures
• Coaching is about ‘fixing’ something
• It’s not for me
• It’s fluffy nonsense
• I’ll be seen as incompetent if I take on a coach
However, the more enlightened senior executives who choose to
embrace coaching see it differently. At its basic level, it is
someone to talk to on a level and in confidence – but it can be so
much more than that.
Coaching case study
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During the recession, we worked with a managing director who,
on the surface, ran a highly successful multi million pound
business. He appeared very confident and sure of himself, but
honest conversations revealed his uncertainties, particularly in
leading his company through the recession. Through the
process of external coaching he was able to look at his business,
and more importantly, his people, in a new way. They made
changes internally and externally with clients, suppliers and
stakeholders and, as a consequence, powered their way through
the downturn. As the MD said in his feedback, “I had no one to
turn to internally; I needed that shake and the results have been
fantastic.”
Coaching in action
Whilst constructive executive coaching
should have a clear ethos, it rarely follows a
set process – it’s often about digging in,
challenging and exploring the possibilities –
and then stretching those possibilities, not
stifling them through the use of a fixed
model or process.
So what should you look for when considering contracting with
a business coach?
• If you are a CEO, look for someone who’s also got that t-shirt
but not necessarily in your sector.
• Someone who understands that an external coach should be a
sounding board, a confidant, a critical friend – one that rarely
exists for most senior executives.
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• Check out what they mean by confidentiality and integrity
(particularly if there is a third party stakeholder in place).
What, if anything, is being reported back? This should be
mutually agreed between coach and coachee.
• A great coach is not attached to an outcome or further
meetings. By all means agree a series of coaching interventions,
but always have clear outcomes agreed – with an expectation
that these will be bettered.
• Someone who is prepared to stretch and challenge you, often
to a place of discomfort.
• Someone who can push, pull and support in equal measure
and comes from a place of ruthless compassion.
• Finally, a great coach will be happy to have a conversation
about results or ROI.
The loneliness of the CEO is a real issue in boardrooms,
factories and offices across the world. However, it isn’t an
insurmountable obstacle. With the right external, impartial
support – and some degree of discomfort – amazing business
Alan Denton
and personal results are truly possible.
About the author:
It’s lonely at the top – who supports the CEO? — www.economicvoice.com
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Alan Denton is MD of executive coaching company The Results
Centre (www.theresultscentre.com). Alan regularly coaches
CEOs and senior executives across a range of sectors from
pharmaceuticals to the legal sector and has created several
leadership and transformational programmes, including the
First 101 Days Programme.
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http://www.economicvoice.com/its-lonely-at-the-top-who-supports-the-ceo/