If your company is expanding and you are appointing people into leadership positions, you are obviously going to want those individuals to be ready to hit the ground running for you. That said, If someone has been elevated to a supervisor or executive role on your staff and has no previous experience in such a role, some kind of learning curve is to be expected. If you want to ensure that all of your executives are prepared for their jobs and will be able to respond well under pressure, it might be time to consider hiring an executive coaching firm. Here are 3 benefits of hiring a good executive coach for your company.
Perfect an Idea Before Releasing It to the Rest of the Company
Executive coaches are great for bouncing ideas off of. If you have a new idea that you think is innovative, pitch it to your executive coach first and you will be able to flesh out all of the pros and cons of this particularl plan before rolling it out to the rest of the company. An executive coach can help you notice flaws that you might not have otherwise noticed until the idea went to market.
Someone Who Has Done It Before
Most executive coaches have previous executive experience themselves. If you are greatly expanding your company and hiring an official CFO or COO to help you run things, an executive coach can help prepare your new hire for the job if they have never officially held an executive role before. Think of an executive coach as someone who can hold your hand and walk you delicately past common mistakes that new executives often make when first brought on.
Someone to Vent To When Things Go Wrong
Running your own business certainly has its ups and downs and you can expect to face some adversity from time to time, no matter how experienced you become at the job. That said, it's never a good idea as a leader to let other people at the company see that you are concerned about a potential problem. An executive coach is great for simply venting to when things go wrong. You can get the anger over a mistake out of your system and be better equipped to put on a brave face when facing the non-leadership employees.
An executive coach can help new leaders get accustomed to their jobs because most of them have been there before. Executive coaching is also a great idea simply because it lets you bounce ideas off of someone or vent about mistakes without letting your emotions affect the rest of the company. Reach out to an executive coaching firm for more information.