Research Quantifies That, Like in Sports, Management Coaching Helps
Win the Business Game
STAMFORD, Conn. (Business Wire EON) July 17, 2008 --
If everyone in elite-level sports uses a coach, the same should also be
said for high-performance managers in business today.
So says Leo F. Flanagan, Jr., Ph.D., President, Flanagan Consultants,
LLC, in recently concluded findings that are based on an analysis of 158
executives to determine why executive coaching succeeds and fails.
“The parallels are clear,”
says Flanagan. “Coaching, whether it’s
for sports or business, is focused on performing and winning today’s
game. It’s about providing observation,
feedback and guidance, in order to improve the consistency and
effectiveness of performance. The ultimate goal is exactly the same, to
improve results.”
Further, Flanagan found that “remedial”
coaching is a waste of time. Just as you bench or trade away a .150
hitter in the big leagues, you’re not going to
work with and promote a micro-manager who’s
risk-adverse, focused on tactics and is consistently missing performance
benchmarks.
To compile these findings, Flanagan analyzed results for 158 executives,
who engaged in a coaching program that included 360-degree feedback and
an average of 17 one-on-one coaching sessions over an average 20-month
period. Executives were gauged on measurable business performance
results that were achieved as part of their responsibilities over the
following six-month period.
In sports, whether it’s a low earned run
average, kicking last-second field goals or scoring triple doubles in
basketball, everyone knows what performance parameters qualify as
world-class. By the same token, Flanagan found in his research three
specific managerial categories where coaching could quantifiably drive
world-class business results.
Individual performance, where a world-class executive will focus on:
-
strategy formulation and execution
-
balancing strategic and tactical demands
-
managing talent
-
collaborating and exercising influence
-
building personal relationships
Team leadership, where top performers leverage a team’s
behavior, in order to:
-
communicate strategy
-
foster inquiry and innovation
-
empower and coach
-
lead change
Business results, where executives who consistently deliver results:
-
track leading indicators
-
are accountable
-
anticipate market trends
-
rapidly respond to opportunities
-
change the game
Nonetheless, unlike sports, the need for coaching in these three
categories is not necessarily self-evident. In order to decide on which
area should be emphasized in a given business setting, Flanagan found
there’s a broad set of questions which, if
used properly, will identify the most appropriate coaching model. The
questions are: 1. What do you want? 2. What are you doing? 3. How is it
working? 4. What’s your plan?
Each question requires probing wide and deep. Immediate answers are less
important than establishing a process of reflection. When an executive
answers “I knew you’d
ask that,” you’ve
built their competence.
While an all-star athlete usually possesses gifts that have been
nurtured since adolescence, the qualities needed for success in business
are not as self-evident. Out of Flanagan’s
research emerged the profile of an ideal potential CEO. An all-star in
business is someone with these six traits:
-
a strategist with a focus on the long-term
-
someone who encourages game-changing strategies
-
has been or is willing to be openly coached
-
someone clear about the behaviors he values and the results he wants
-
a risk-mitigator
-
someone who gives his team direct, constructive feedback.
On the contrary, the “challenged”
performer is:
-
a tactician and/or micro-manager
-
looking for execution of his own strategy
-
not willing to openly be coached
-
focused on “style,”
and working with people who fit his profile
-
a risk-avoider
-
someone who misses performance reviews.
Coaching, Flanagan found, can give the potential business all-star a “running
start” at the corner office. But it can’t
make a nominal performer an all-star.
About Leo F. Flanagan, Jr., Ph.D.,
President, Flanagan Consultants, LLC
As founder and president of Flanagan Consultants, LLC, Stamford, CT, Leo
Flanagan, Jr., Ph.D. has developed a unique practice around the
formulation and execution of business, marketing and human resources
strategies to drive sustained business success.
A hallmark of Flanagan’s work is the ability
to meet the unique challenges faced by individual leaders and their
organizations, within the context of their markets…
the alignment of an enterprise’s people and
processes with its brand and customer loyalty strategies. Over a period
of 21 years, Flanagan has personally coached some 200 executives.
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