executive coaching and business value
DESCRIPTION
TRANSCRIPT
![Page 1: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/1.jpg)
Executive Coaching and Business Value
Dipti Sanzgiri Executive Director (HR), Bharat Petroleum Corp. Ltd.
Presented at Oil & Gas HR Round Table, August 2011organized by ISPe & UPES Dehradun
![Page 2: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/2.jpg)
The Context Of Change ...
The only sustainable competitive advantage that Organisations (Teams & Individuals) will have in the future is the ability to Learn faster than their Competitors.
Arie De Gues, Ex- Head of Strategic Planning, Shell
& Author of " The Living Company"
![Page 3: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/3.jpg)
Purpose of Coaching
“ Coaching is unlocking a person’s potential to maximise his own performance. It is helping him to learn rather than teaching him. ”
Timothy Gallweya Harvard Educationist & Tennis Coach,
Author of: “ Inner Game of Tennis”
![Page 4: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/4.jpg)
Purpose
What percentage of people’s potential is used at work?
What evidence (from personal experience) do you have that there is more potential?
If that potential exists, and there is evidence, what blocks (internal and external) that prevent people from using it?
![Page 5: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/5.jpg)
Knowledge (Technique)
Experience(Fitness)
MindAwareness and Responsibility
The Mind is Key
![Page 6: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/6.jpg)
SKILLS
KNOWLEDGE
EXPERIENCE
I cannot
I don’t know how
It’s not importantor appropriate to me
“It’s not me”
I don’t enjoy it
I can
I know how
It’s important to me
“It is me”
I enjoy it
SOCIAL ROLE, VALUES
SELF IMAGE
TRAITS
MOTIVES
Change can be blocked in different ways...
.
“It doesn’t come
easily to me”“It comes easily to
me”
Coaches role is to identify where the blocks are….
![Page 7: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/7.jpg)
Two Basic Rules of Coaching
To invest in people effectively, the leader
must have fundamental belief that people can achieve whatever they believe is achievable (The first rule of coaching).
Needs to continually raise that level of belief (The second rule of coaching)
![Page 8: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/8.jpg)
What does an effective coach do?
Enhance level of awareness (self generated high quality inputs) & take responsibility (his choice to own a goal /task)
Empower people to build their lives around what is meaningful to them
Alter the context in the way people makes decisions. This context is composed of people’s belief and assumptions.
![Page 9: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/9.jpg)
Two approaches to coaching…
Develop internal capability – leaders adopting coaching as a style of leadership
Outsource – hire executive coaches
![Page 10: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/10.jpg)
Why Coaching as a style of leadership Necessary?
The pace of change requires Leaders to produce results quicker than before.
Command and control and directive style have limited short term relevance
People want more from their work.
Today’s managers have to manage the paradox of time. To create more time they will have to invest more time
in their people; there is not other way.
![Page 11: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/11.jpg)
Coaching
Tells Sells Discusses Leaves alone
Boss has control
Performer has
control
Both are Responsible
Coaching: a new way of Leading
![Page 12: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/12.jpg)
Maslow’s Hierarchy of Needs
The waterline:the collective need level in an organization
Self
Actuali-sation
Self esteem
Recognition& Status
Belonging & social needs
Safety and Shelter
Basic Survival
![Page 13: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/13.jpg)
Performance Coaching
May be used for all management interactions including: Planning Reviewing Motivating Delegating Learning a new skill or a new way of working Problem solving Assessment/ Appraisals Mentoring & Counselling Team building & Team working Performance management
CONTEXT: It demands and it generates a far more positive/ optimistic perspective of all people.
![Page 14: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/14.jpg)
Don’t have time to coach?
You've an opportunity to coach whenever :
You are asked how to do something. Your advice is sought by others. One of your staff says that they cannot do a particular
job. Your opinion is asked for or a decision required. You see a job or task that could be done quicker,
better or cheaper. Mistakes are made. In fact, any situation where you want people to raise
their current levels of skills abilities and overall performance.
![Page 15: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/15.jpg)
BPCL Experience…
Trained Managers / Leaders in GROW model of Sir John Whitmore
Leadership assessment framework clearly emphasised on developing coaching as a leadership style
Trained senior leaders as ‘Leadership Group Facilitator’ who then invested significant of their time in development of talent
![Page 16: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/16.jpg)
Challenges: Internal Capability From HR side – more focus on capacity building over
foundation setting
Most importantly leaders not recognising the need for them to invest in their people
Failure to acknowledge Employee Motivations – more governed by competency framework
Inability to blend coaching in to daily work
Lack of alignment between coaching and business priorities
![Page 17: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/17.jpg)
Challenges : External Coaching
Difficult Finding “Best Fit” Professional Coaches
Unfocused Coaching Engagements Poor Matching of Coaching Resources to
Executive Requirements Disconnect from the Organization Inconsistent Delivery and Quality of
Coaching
![Page 18: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/18.jpg)
Coaching as development program..
![Page 19: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/19.jpg)
Optimizing Returns from Coaching..
Needless to say,
Return through Building ‘Internal Capability’ would be many times higher in comparison to ‘Outsourcing’
Are we ready to change our beliefs?
+
![Page 20: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/20.jpg)
The people, led by wise leadership
will come to the realization,
“We did it ourselves.”
Lao Tsu
![Page 21: Executive coaching and business value](https://reader035.vdocuments.us/reader035/viewer/2022062701/553b187b550346f92f8b4643/html5/thumbnails/21.jpg)
Thank You