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The Metamorphosis of the Successful Executive . . . Overcoming
Professional Stagnation
By Steven Bacharach
You're a bright, successful business executive making good
money and managing a capable staff of accomplished
professionals. You are successful beyond your wildest business
school dreams. You've achieved much-yet something's missing.
On the surface, life is good-yet you feel tired, drained,
frustrated, defeated. Intuitively, you know your life can and
should be more fulfilling.
Where do you turn? What can you do?
Four years ago, I reached a point in my career as a
clinical psychologist where I, too, was unwilling to put up
with any more professional "pain" and stagnation. I wanted
more for my life and I knew I could have more. That's when I
teamed up with a personal coach and began my own career
transition to the relatively new profession of "Personal
Coaching" . . . and I've never looked back.
Working with a personal coach provided me the direction and
support I needed to reinvigorate my own life and change my
career-to recapture my voice, my sense of purpose, my sense of
direction. It's something you can have, too. Here's how.
With personal coaching, frustrated executives get back on
track, re-energized, and are better able to positively
influence their company and their peers. Working with a coach
unhappy executives learn to set limits, to establish
boundaries and to delegate. They become clearer in their goals
and better able to communicate their values. They develop
actionable strategies to improve their listening and
interpersonal skills. They begin to make things happen, to set
the pace for their own lives at work and at home, and-most
importantly-they begin to eliminate stress.
A 2001 quantitative study of 100 executives, mostly from
Fortune 1000 companies, places the return on investment for
executive coaching at nearly 6 to 1. The study, conducted by
Manchester Inc. (a globally-recognized provider of executive
coaching services), also revealed that coaching increases
organizational strength, productivity, quality, customer
service, shareholder value, and executive retention.
The question you must ask is "Can I afford not to work with
a coach?"
Working with a personal coach you can become a better
manager-better able to lead and inspire your teams. You create
an improved workplace environment where risk-taking and
innovation is encouraged. Your employees become loyal,
productive and more satisfied. Recruitment efforts take off.
Customer relations and service improves. Your customer base
grows. Profits grow, too.
Coaching doesn't work for everyone. For people who
procrastinate, who are not willing to do the work, or who view
coaching as "touchy feely" or frivolous, coaching won't be
successful.
A coach is not a consultant. He or she does not have the
answers-the person being coached does. A coach asks the big
questions, provides feedback, offers support and constantly
challenges the client to reach further - sometimes well beyond
the client's current vision. The coach helps the client reduce
stress, integrate self-care (exercise and healthy habits) into
their lives, and make time for what is important. A coach can
also provide resources and tools to help the client stay
focused and achieve their goals.
Coaching relationships can be short- or long-term
experiences, often ranging from three to six months to a year
or more. Most often, individuals work with coaches by phone or
in-person for a specified number of sessions per month.
Coaching can also take place in groups, through teleclasses,
and even in seminar or workshops settings.
Working with a coach is a highly personal experience, so
finding the right coach-someone with whom you feel
comfortable-is critical for success. The coaching industry
estimates that there are more than 20,000 coaches-personal
coaches, business coaches, marketing coaches, etc.-in the
United States alone (and perhaps as many as 100,000
worldwide). When seeking a coach you should plan to interview
several candidates at a minimum to find a good match.
With the right coach and a personal willingness to try new
things, to experiment and to make and learn from your
mistakes, you can turn achievement and success into something
more. Working with a coach, you can look challenge squarely in
the eye, face emotional hurdles at work and at home, and
overcome them-embracing life's "adventure" as you intuitively
sense more rewarding opportunities ahead.
(c) 2004, Steven Bacharach Psy.D. All rights in all media
reserved. This article may be reprinted so long as it is kept
intact with the copyright and by-line.
Steven Bacharach, Psy.D. is a personal coach to executives
who are seeking more fulfillment in all areas of their life.
To learn more about coaching and arrange a complimentary
session, contact Steven Bacharach Psy.D. by email at
stevenb@onthemarconsulting.com, by phone at (508)
358-9565, or visit his Web site at
http://www.onthemarconsulting.com
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