Executive Coaching: The Fortune 500’s Best Kept Secret

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“For years, CEOs of some of the most successful and largest companies have relied on executive coaches. Henry McKinnell, CEO of Pfizer, Meg Whitman, CEO of eBay, and David Pottruck, CEO of Charles Schwab & Co., are just a few who rely on a “trusted adviser”

The Business Journal

Did you know that between 25 and 40 percent of Fortune 500 companies use executive coaches to help their leaders peak perform? I was surprised this figure was so high — not because I don’t understand why successful companies would invest in coaching for their CEO’s and C-Suite — but because it’s one of the best kept secrets around.

These clandestine connoisseurs described an average return of more than $100,000, about six times what executive coaching costs them. That’s the equivalent of six round the world business class flights.

But that doesn’t explain why savvy business leaders invest in something that sounds suspiciously like mumbo-jumbo.

Maybe because “executives and HR managers know coaching is the most potent tool for inducing lasting personal change”.

So what makes coaching so special?

The answer is simple.

It’s because of what it’s not.

Instead of being another top down programme forced on over-stretched employees, coaching empowers people to develop their own solutions to issues and goals, with a dash of mentoring thrown in. This increases the chances of action tenfold.

In other words, it’s the missing link to high performance leadership success.

So what are the benefits?

“Workers at all levels of the corporate ladder are enlisting coaches for guidance on how to improve their performance, boost their profits, and make better decisions about everything from personnel to strategy”.

Whether strengthening business development, presentation and leadership skills or facilitating target attainment and peak performance, coaching increases confidence, self-awareness and resourcefulness, bolstering company growth, profitability and market share.

But if, like some initially sceptical clients, you still think coaching sounds a little like hot air, you might change your tune when you learn:

The business demand for coaching is nearly doubling each year. Out of the $80 billion being currently spent on corporate education, FLI Research estimates that $2 billion is spent on executive coaching at senior executive levels in Fortune 500 companies.

Not only that:

IBISWorld research reports that the size of the US and UK corporate wellness industry is now more than $8bn — and growing.

If you’re still not convinced, that’s ok. I had to see it to believe it myself.

But when I did — let me tell you — the idea of being a hot shot lawyer became far less appealing than helping professionals transform their lives and businesses.

Want to find out more? Book a discovery call with me here.

The Monk Who Sold His Ferrari: A Powerful Tale Every Stressed-Out City Professional Should Read

What Would You Change?

The rise of death bed marriages, and are they a good idea? - Stowe Family  Law

Picture the scene… You’re lying on your deathbed looking back at your life. All you can hear is the ticking of the clock and the quiet mumblings of voices swimming around you. What chapters of your life would you pause and zoom in on, savouring the happiness that you felt? And what would you regret? Not spending more time with your family, not meeting more people, not laughing enough or not billing more hours at the office? It seems simple when we look at it like that, but it’s easy to get swept up in the helter skelter of City life, losing touch with the values that give us real purpose. These are the sorts of questions that Sharma’s bestselling novel, “The Monk Who Sold His Ferrari”, will have you asking.

Balance Versus Success.

Heavy it may sound, but Sharma’s style is anything but. Described by Brian Tracy, as a “fun, fascinating, fanciful adventure into the realms of personal development,” this is an inspiring story full of insightful messages for city professionals on how to achieve greater balance, control and effectiveness in their daily lives. And as one of the world’s leading experts on leadership and personal development and author of 12 international bestsellers, Robin Sharma knows a thing or two about success…

What Is Wealth?

Living in a city is stressful as hell

It is success in its widest sense that is the crux of this powerful tale. This is a story about Julian Mantle, a hotshot lawyer whose out of balance lifestyle culminates in a near fatal heart attack in a packed courtroom. His collapse provokes a spiritual crisis, leading him to seek answers to life’s most important questions.

On a quest for happiness and fulfilment, he sells his prized possessions (including his Ferrari) and embarks upon a pilgrimage to India, where he discovers a group of monks who teach him the secrets of true happiness. Enlightened, he returns to the “very troubled” Western world, devoting himself to spreading this ancient wisdom to professionals who have lost sight of the “huge difference between well-being and being well-off”.

What Can We Learn From Julian Mantle?

Whether you’re a lawyer, an aspiring leader of industry or just hungry for recognition at work, there is some of Julian Mantle in all of us. Whether the dash of ego, the good education, the impressive job title, or the seemingly ‘have-it-all lifestyle’, we can relate to the intensity of his world, a world full of success and glamour but devoid of time; time to think, to feel and to develop spiritually. Our identification with this high-achieving, aspirational Alpha male, makes his fallout all the more disturbing.

But Mantle’s collapse is about far more than the physical dangers of work overload – his near death experience is the root from which Sharma philosophises outwards to explore the damaging internal effects of unbalanced, chaotic lives and how we can empower ourselves to find lasting happiness.

Indeed, the tale of Julian’s transformation from Type A senior partner at a leading law firm, who “at a fifty three years old, looked as if he was in his late seventies,” to a “youthful, vital and smiling model of change,” evidences the truth behind the transformational tips and techniques that he teaches.

What Are Sharma’s Top Tips?

A warmhearted, practical guide about the power of potential, here are some of the most inspiring lessons from “The Monk Who Sold His Ferrari”:

1. “There is no such thing as objective reality or the ‘real world’. There are no absolutes.”

2. “The secret of true happiness is simple. Find out what you truly love to do and then direct all your energy towards doing it. If you study the happiest, healthiest, most satisfied people of our world, you will see that each and every one of them has found their passion in life, and then spent their days pursuing it. Once you are focusing your mental power and energy on a pursuit that you love, abundance flows into our life and all your desires are fulfilled with ease and grace.”

3. “Most people live within the confines of their comfort zone. The best thing you can do for yourself is regularly move beyond it. This is the way to realise your true potential.”

4. “Achievement need not be of the material sort. Personally my objectives are to attain peace of mind, self-mastery and enlightenment. If I fail to accomplish these goals by the end of my life, I am certain that I will die feeling unfulfilled and dissatisfied.” 5. “Dare to dream that you are more than the sum of your current circumstances. Once you find your purpose, life becomes much easier and far more rewarding.”

What The Critics Say…

The reviews speak for themselves. While Paulo Coelho, #1 bestselling author of The Alchemist, calls it, “A captivating story that teaches as it delights…helping people all over the world lead great lives,” and Richard Carlson, PhD and author of the #1 New York Times bestseller, “Don’t Sweat The Small Stuff”, says, “Robin Sharma has the rare gift of writing books that are truly life-changing.

What’s The Moral Of The Tale?

‘The Monk Who Sold His Ferrari’ is packed full of useful messages and tips for city professionals to find lasting happiness. Whether showing that it’s normal if your goals change over time, or if the passion that you once felt for a job gives way to a sense of emptiness, it will certainly change your perspective.

Unlike the neatly packaged identities that social media cultivates, Sharma teaches us that life is a journey and we are constantly evolving creatures with shifting values and needs. There are no mistakes, only lessons.

As products of Generation Y, it’s easy to pursue competitive roles out of a sense of duty but Sharma shows us the value of reflection and questioning – are we so busy chasing the big pleasures of life that we are missing out on all the little ones? Are we really doing what we love?

So if you’re in a job that’s dominating your life or you’re simply interested in happiness and self-development, read this book. And if you think you don’t have time, all the more reason to. Life is all about choices and investing in yourself is the best investment you will ever make.

Julian Mantle’s heart attack was his defining moment – his wake up call – giving him the chance to live a more inspired life. This book may be the wake up call that you’ve been looking for…

Career Mistakes or Regrets? Top Tips for Changing Jobs Without the Stress

career coaching tips

“Our finest moments are most likely to occur when we are feeling deeply uncomfortable, unhappy, or unfulfilled. For it is only in such moments, propelled by our discomfort, that we are likely to step out of our ruts and start searching for different ways or truer answers”

M. Scott Peck

If you went to bed feeling anxious about your work week ahead in a job you dislike, or you’ve woken up feeling sick about another day in an environment or role that simply doesn’t fit you, don’t despair.
That fear is a barometer for much needed change and scary as taking the leap can feel, it’s much easier when you break it down into bite size steps.
If you relate to the above, check out my feature in @refinery29 in the link in bio, ‘I Changed My Career & Regret It. Now What?’, for the ultimate guide to making that big leap – and not looking back.
From the four steps crucial to avoiding career change regret to how to sell a misstep on your CV, it’s packed full of solutions to common pain points clients fret about whether midwives, financiers, lawyers to graphic designers and marketeers. The pain is often the same and the paralysis analysis can often feel crippling without simple steps forward.
Here’s a teaser:
Don’t dive in headfirst. Whether you’re considering changing careers for the first time or feel that a recent change isn’t right for you, step one is making sure you don’t rush your next decision.
“The most important thing in the transitional phase,” says Melanie, “is not to panic and just jump into something else quickly because you can. You need to get clear on what you need to be happy and what your key frustrations are. Because if you dig beneath frustration it’s usually a barometer for exactly what you need more of.”
Read more top tips to career change via the link in my bio and feel the stress dissipate 🪴
Remember, you don’t have to get it perfect, you just gotta get it going ✨

#career #fear #stress #job #wrong #coaching #careercoaching #happy #life #happiness #peace #fulfilment #joy #hope #change

Hot Air Or Life-Changing? How Coaching Banishes Stress & Transforms Lives

instincts and coaching

“Attention energises, intention transforms”

Deepak Chopra

Ever wondered why you’re unable to make change despite feeling frustration, boredom, anxiety or depression about your current life?

Here’s why..

To make any big change in your life, you need to do more than recognise discomfort – you need to create the time, space and resources to get real clarity. From there, change becomes easy.

Ever wondered why people telling you what you should do rarely works? Because sometimes it comes more from a place of projection, protectiveness and bias than objectivity and real listening – truly sitting in the moment with you and really hearing what lies beneath is usually quite different, leaving you feeling heard, understood and pumped to uplevel your life.

This is exactly what I thought coaching wasn’t when I first started out. Honestly, I was hoping it was a quick fix involving talking to a wise owl who could help me cut corners and expedite change fast.

I couldn’t have been more wrong.

When I heard it was being guided by the coach asking a series of questions to help me work out who I was and what I wanted, I thought it sounded like hot air.

Then we started practising coaching – and I ate my words fast..

I quickly realised helping someone connect to who they truly are and what they truly want versus telling them what they should do, is where the magic happens.

I see this kind of magic happen daily with clients – whether midwives moving into project management, financiers moving into consulting, lawyers moving into coaching or graduates moving into advertising and beyond.

It’s not rocket science, but boy does it work.

As a wise friend on Mindline once said, really active listening is like developing a sixth sense.

So I say again – attention energises, intention transforms. Finding space to be truly heard and to deconstruct what’s really going on for you is an essential component to creating the intention required for change.

So if you’re feeling misaligned with your life or career, what’s stopping you?

And if you’re still feeling stuck, remember, nothing changes if nothing changes 💫

#coaching #life #career #change #listen #plan #goals #transform

 

THE GREAT CAREER REVEAL: WHAT COVID19 TEACHES US ABOUT SUCCESS

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“Often in the chaos of daily life we don’t have an opportunity to think about our purpose”
Jonathan Moult, Lawyer turned Counselling Psychologist
 
Despite the many negatives of the pandemic whether financial, professional or human loss, Covid19 has revealed one great pearl of wisdom: that the best paid are not essential, raising some serious questions around the notion of purpose, meaning and value.
 
Turning commonplace norms around social status, service and worth upside down, the pandemic has triggered soul-searching among financiers, lawyers and other esteemed white-collar workers who may have previously measured value (and been valued) in terms of net worth and social status. This begs the question, what is success?
 
Read my article for Thrive Global here to see the fatal flaw that causes most career unhappiness and harness this universal pause to get clear on what purpose, value and meaning mean to you.
 

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Melanie