The Genesis Of An Executive Coach
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The Birth of an Executive Coach
Summary
Our team of three analysts dedicated three months to benchmarking a healthcare organization's productivity, aiming to identify improvement opportunities. We compiled extensive PowerPoint presentations with charts comparing the system to similar healthcare networks nationwide. Our resources included databases, Excel spreadsheets, management insights, Medicare cost reports, and expert input from leading clinical managers across the country. Our analysis was comprehensive and superior to other consulting firms.
We identified that the hospital could save approximately $12 million without compromising quality.
During a review meeting, the COO acknowledged our findings, noting they matched his initial estimate of $10 to $15 million. He revealed that the true reason for hiring us was not just to confirm numbers but to support him through the challenging changes ahead. He needed a trusted advisor.
This experience highlighted the power of Executive Coaching. Executives often know what they need to do but require a sounding board and support to navigate challenges.
Rather than focusing solely on analysis, I shifted toward Executive Coaching. The change was transformative. I worked less, earned more, and had deeper client relationships. I engaged in more meaningful projects, often remotely, without extensive travel.
Executives seek coaching, even if they don’t use the term. They face issues such as:
- Gaining influence within their organization.
- Launching new initiatives.
- Building alignment within their team.
- Strengthening relationships with superiors.
- Managing difficult changes.
- Enhancing leadership skills.
- Transitioning into new roles.
- Avoiding burnout and balancing life priorities.
- Making decisions with limited information.
- Clarifying organizational strategy.
- Responding to feedback.
Executives usually have good instincts but need a trusted partner to listen, debate, ask questions, and offer insights when needed.
I also conducted interviews for input gathering, facilitated meetings for consensus building, and led training workshops on key management topics.
I would never return to traditional consulting. Executive Coaching provides unparalleled value and satisfaction for both me and my clients.
Are you ready to embark on a similar journey, earning what you deserve without excessive travel or long hours?
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