If you ever thought that coaching for you or your executive team was optional, one for the backburner or not worth the effort look at this article on the benefits of coaching. This research points to significant gains to both the individual and the organisation. In India, where this study took place, they are realising how important executive coaching is, and are looking to the US as the leader in this field. In Australia, we often question our investments and can express cynicism about things that do not appear to have a tangible base. Coaching is a valuable resource, and we should be exploiting its benefits.
Coaching is about conversations, understanding problems (we all have problems!), how we look to others, how our behaviour manifests when under stress, the way we talk (read tone) and many other factors. An external coach provides sound feedback to you and helps with reflective insights that your staff will not give you. You will be surprised how much information you can absorb, the epiphanies that result and the changes you can make to become a more effective leader.