Executive Coaching

Does Executive Coaching deliver on the promised results? The answer to that question lies in setting the appropriate expectations at both the organizational and the individual level.  The best coaches in the world cannot affect change with an unwilling participant and/or in an unsupportive environment. But what about a willing participant in a supportive environment?  What is needed in the process to not only affect immediate change, but sustain long lasting change, the kind that can make or breaks careers?

Most executive coaches are, in fact, behavioral coaches. If an executive is displaying behaviors that are in conflict with the organizational values or are simply not in their own best interests as a leader, then a coach versed in behavioral theory may well be an effective solution. Coaching works best with high potential people who are willing to make a concerted effort to change. This effort requires hard and sustained work on the leader’s part.  Most executive coaches will not take assignments that are less than 6 months and many run for up to 18 months with longer check in times.  That’s because change takes awhile before it becomes a habit that is repeatable without having to think about it. The leader has to truly want to change.  There is no magic bullet an executive coach brings that will allow the leader to succeed without putting in the effort.

The organizational environment has to be supportive as well. Organizations are made up of people, all with their own agendas, some noble and others not so much.  It sounds simple enough, but everyone involved in the coaching exercise has to want to person being coached to succeed.  If a senior member of the management team secretly hopes the coach returns after the initial assessment to say that the leader is not coachable, unwilling to participate or that it is some innate character flaw that cannot be addressed through behavioral change, then the likelihood of success is low.  For this reason, it is important for the coach to take the time needed to ask the hard questions and to continue to probe until he/she is satisfied that the coaching exercise is being pursued for the right reasons.

The Benefits of Executive Coaching

Enhanced Productivity

An effective coach can assist the leader in prioritizing multiple initiatives ensuring that the focus remains on those most critical to driving the business forward.  The coach can also serve as another person to hold the leader accountable for deliverables and can push back when excuses are given.

Empowered Decision Making

Executive coaching focuses on what is important and can support the leader in making empowered decisions that they may hesitate to make otherwise. Executive coaching assists in gaining clarity and helps to develop plans to minimize distractions and focus on actions that align with the business mission, vision, value, and goals.

Effective Feedback and Communication

The key to evaluating performance and driving change is truthful feedback, and there can be no better way for you to get quality feedback than by using a coach. Effective communication and collaboration in a business setting are key areas that drive the business outcomes. Good coaches will solicit feedback from 4-6 constituents across the organization to gain a well rounded view of the leaders communication style.

Emotional Intelligence and Empathy

Emotional intelligence is the “the ability to recognize your emotions, understand what they’re telling you, and realize how your emotions affect people around you. It also involves your perception of others: when you understand how they feel, this allows you to manage relationships more effectively.” In other words, your own emotional self-awareness serves as an aid to understanding other people’s emotions; furthermore, you respond with empathy to their needs. You can see why emotional intelligence is so crucial to leadership positions. A coach can point out areas where they think leaders are misreading or ignoring situations calling out for EQ.  

In closing, executive coaching can be extremely useful in situations where the leader and the organization are willing, honest  and hopeful participants in the process.

Wellness Programs

 

Bring up the word Wellness and what immediately jumps to mind is usually ways to improve the physical health of the workforce.  However, true wellness covers a broader spectrum and includes, not only physical, but emotional and financial wellness as well. Especially at this time of year when the urge to overspend is likely, a targeted approach towards financial wellness makes all the sense.  Similar to overeating and alter regretting it, over spending comes with its own regret and last log after the start of the new year and take much longer to rectify than losing a few pounds.  

The most effective Financial Wellness programs, however, are not a one size fits all.  A new study by Prudential Financial, Inc. examined differences in the financial needs and attitudes of various underserved groups in the workplace and the income inequality that affects each set. The 3,000 U.S. respondents included women, African Americans, Latino Americans, Asian Americans, caregivers, and members of the LGBTQ community.

Among key findings in the survey, African Americans across all income levels were more likely than the population at large to prioritize helping others financially, including caring for parents or other family members, paying their children’s college tuition, leaving an inheritance to their heirs, and giving to charity. Women in the survey earned an average annual income of $52,521, compared with $84,006 for men. Half of women said they were the primary breadwinner in their household. Almost 40% of caregivers don’t think they’ll ever be able to retire, compared to just 25% of non-caregivers, and caregivers were more likely to take out a loan or hardship withdrawal from their 401(k) plans.

In a statement, Lata Reddy, Prudential’s senior vice president, Diversity, Inclusion & Impact, said a person’s path to financial wellness is deeply personal. “While there are common experiences that tie us all together, there are also distinct factors that are unique to our individual journeys that impact the ultimate destination,” she said. “These factors need to be clearly understood for true progress to be made.” Reddy recommended that employers listen to the people in each community to understand their needs.

This ties in nicely with the Workforce of One approach that I am so an advocate of.  Programs created for the “average” employee are serving no one, because no one is the “average” employee.  Just like the Target page that pops up with different recommendations depending on who is logging in, we need to design our HR programs to ensure that we are meeting the needs of individuals.

Corporate Wellness Programs

 

There is some truth to the saying that “An ounce of prevention is worth a pound of cure”.   And more employers are taking a holistic approach to their employees’ health and well being.  Not only is it good for the employees, it’s good for the company’s bottom line! To effectively integrate an approach toward health and wellness into the workplace, though, requires planning, education and a platform.  Enter the new breed of Wellness portals. Wellness portals are a critical piece of a total wellness solution.

Wellness portals are online platforms designed with responsive design in mind so that they can be accessed from any device at any time.  Wellness Portals offer a place for every member of your workforce to access secure, personal information having to do with their particular paths toward wellness. They will be able to track their progress in a wide variety of different program activities, set goals for themselves, and see these goals achieved which creates motivation to set new goals.

The Best Wellness Platforms Should Be Able To:

  1. Conduct a confidential Personal Health Assessment
    2. Educate (videos, books, webinars, biometric results)
    3. Track program participation and activity
    4. Make engagement easy with a mobile app
    5. Track and administer incentives and rewards
    6. Demonstrate how to be healthy
    7. Provide the tools needed to be healthy
    8. Deliver behavior change campaigns and challenges
    9. Encourage social support
    10. Create a health promoting culture

If you choose, Biometric screening can be integrated with your wellness portal so that the results of any screenings your employees have done can be accessed through their own portal and they can keep track of screenings year over year to track progress.  

Although a wellness portal is a fantastic, some employers believe that having an employee wellness portal is the same as having a wellness program. They mistakenly assume that all their company needs to improve employee health and reduce health care costs is get their employees to go online. A wellness portal is not a wellness program. It’s a computer software program that can be used to help deliver wellness programming and help manage the process. They have all of the features and benefits that come from the computer coding and programming and are tools to encourage and promote a healthy lifestyle!

Thankfulness

At this time of year many of have much to be thankful for, family, friends, our health, our homes.  It’s a shame that high on that list for many is not our life’s work.  I remember sitting around a Thanksgiving table years ago with our extended family on both sides going around the table talking about what we were thankful for and when it was my turn, one of the things I mentioned was my work.  This was met with disdain by one of the people around the table.  How ridiculous that I would name my job as one of the things that I was grateful for in my life.

How sad for that person that their job, their life’s work, their chosen profession was not one of the things that they could take pride in and be grateful for.  There are many benefits of work:

Fosters Creativity and Learning

Creativity thrives when people have an opportunity to work together. Brainstorming ideas prevents stale viewpoints that often come out too little interaction.

What you have learned from your individual experiences is entirely different from your coworkers. Thus, work maximizes shared knowledge and you learn new skills you can use for the rest of your life/career.

Builds Trust

Relying on other people builds trust and working establishes strong relationships. Despite occasional disagreements, an effective workforce enjoys working together and shares a strong bond. When you put your trust, you are establishing the foundation of a relationship that can endure minor conflicts.

Trusting your teammates also provides a feeling of safety that allows ideas to emerge. It helps employees open up and encourage each other.

Teaches Conflict Resolution Skills

Workplace rewards encourage employees to feel proud of their contributions. Tackling obstacles and creating notable work makes team members feel fulfilled. Working toward achieving company goals allows employees to feel connected to the company. This builds loyalty, leading to a higher level of job satisfaction among employees.

Encourages Healthy Risk Taking

Working with co-workers allows team members to take more risks, as they have the support of the entire group to fall back on in case of failure. Conversely, sharing success as a team is a bonding experience. Once a team succeeds together, their brainstorming sessions will produce revolutionary ideas without hesitation. In many cases, the riskiest idea turns out to be the best idea. Teamwork allows employees the freedom to think outside the box.

The benefits of work are many that have nothing to do with the economic benefits.  The benefits of work are a matter of what one does while working, the social relations one enjoys, and the of learning one avails themselves.

Your Context Determines Your Results

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Imagine for a moment that two people are attending the same event.  One walks into the room with the excitement of meeting new people and networking.  She is excited about what may unfold; the other, feeling insecure, dreads the event.  She fears it will be awkward and that small talk will not come easily. Strangely enough, that is exactly what happens.  The first person has a fabulous time, meets dozens of new people, is memorable and leaves the event feeling exhilarated. The 2nd person, chooses to arrive late and leave early, to spend as little time as possible in an uncomfortable environment.  Oddly, each person experiences the exact same event differently, but exactly as their initial context would have predicted.  Why is that?

Context

It is because our context sets off a whole chain of predictable events.  Our context is what we believe about something, it is our internal speak, our expectations that we set about something or someone.  The funny thing about context is that it works in a very predictable way to create results.

Assessment

When we assess a situation, we look at it form our particular point of context.  What we see and hear, our assessment, depends on our context.  In our example, the first person walks in and sees everyone smiling and laughing and is excited to join the conversation.  The second person walks in and assesses the situation whereby everyone already has a group and she is not a part of it. She doesn’t know what they are talking about and believes she will not fit in.

Emotions

The emotions are created based on our assessment of a situation.  The first woman feels emotions related to excitement, energy, enthusiasm and, perhaps, most importantly, belonging.  The second woman feels emotions related to insecurity, fear, loneliness and lack of belonging. Both set of emotions have been reinforced by their assessment of the situation.

Behaviors

Behaviors require action.  However, the actions we choose are a direct reflection on the context, behaviors and emotions that preceded them.  One woman spends time moving from group to group, contributing to each conversation.  The other woman joins one group, quietly listens, does not feel comfortable contributing and decides to escape the uncomfortableness and leaves the event early.

Results and outcomes

Last in the chain of events comes results.  Results are what we make happen or allow to happen to us- the choice is ours.  In both cases, the initial context has been reaffirmed. The first woman is likely to go to another event- she perceives that everyone liked her and she made new contacts.  The second woman confirmed that these types of events are uncomfortable, that groups form quickly, and she does not possess the social skills to join in.

Think, for a moment, about the recent results in your life and the context you have that precedes them.  Could the results have been changed if your context had been different? Don’t you owe it to yourself to try?

 

 

Diversity and Inclusion in the Workplace

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Diversity is not just the range of human differences, but acknowledging, understanding, accepting, and valuing differences among people including, but not limited to, race, ethnicity, gender, gender identity, sexual orientation, age, social class, physical ability or attributes, religious or ethical values system, national origin, and political beliefs.  Diversity and Inclusion programs are developed in the workplace to ensure that people of all types are included at all levels of the organization and can draw on each other’s strengths and experiences.

The world’s increasing globalization requires more interaction among people from diverse backgrounds. People no longer live and work in an insular environment; they are now part of a worldwide economy competing within a global framework. For this reason, organizations need to become more diversified to remain competitive. Maximizing and capitalizing on workplace diversity is an important issue for management.

Managers need to recognize the ways in which the workplace is changing and evolving. Managing diversity is a significant organizational challenge, so managerial skills must adapt to accommodate a multicultural work environment.

Effective managers are aware that certain skills are necessary for creating a successful, thriving, diverse workforce.

First, managers must understand discrimination and its consequences.

Before we can truly embrace a diverse workforce, managers must understand that discrimination hurts us all, not just the person who is of a different ethnicity, but those who have to witness it.  It creates a divide in the workplace and is counter to the desire to collaborate.

Second, managers must recognize their own cultural biases and prejudices.

Each individual is unique and does not represent or speak for a particular group. When creating a successful diverse workforce, an effective manager should focus on personal awareness. Both managers and employees need to be aware of their personal biases. Therefore, organizations need to develop, implement, and maintain ongoing training because a one-day session of training will not change people’s behaviors.

Finally, managers must be willing to change the organization if necessary.

Organizations need to learn how to manage diversity in the workplace to be successful in the future. When dealing with diversity, managers must promote a safe place for associates to communicate. Social gatherings and business meetings, where every member must listen and have the chance to speak, are good ways to create dialogues. Managers should implement policies such as mentoring programs to provide employees access to information and opportunities. Also, employees should never be denied necessary, constructive, critical feedback for learning about mistakes and successes, due to concerns about a person’s differences.

Managing diversity is about more than equal employment opportunity and affirmative action. Is it about embracing each of our unique differences.

Performance Management is not an Annual Exercise

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There is a dwindling focus on the traditional annual performance appraisal and a there is a growing trend toward developing feedback loops that give continuous, real time feedback to employees. According to the 2018 State of Continuous Performance Management Survey,  conversations about aligning business goals, check-ins on progress and periodic feedback should be used to manage and continuously motivate employee performance.

HR respondents in the study identified their top three goals for their performance management program as creating and maintaining feedback and coaching cultures, retaining high performing talent and training the workforce on needed skills. To better manage and motivate workers, Betterworks said, employers can help employees find purpose and direction among change, connect employee contributions to the organization’s larger goals and identify and reward top performers.

In a Wakefield Research study, more than 60% of employees said they feel the traditional performance review is outdated, and nearly all respondents said they prefer that managers address performance issues and development opportunities in real-time. Frequent, informal assessments allow workers to improve or correct their performance with immediacy.

Ideally, having a robust performance management platform can assist in giving and receiving real time feedback, create an environment where information is sought out and shared, build engagement and detail plans for talent learning opportunities and enhancements.  Employees want to know not only how their past performance has been, but the plans for their future as well. Consider the below:

  • More than 90% of 18 to 34-year-old workers say a clear succession plan would boost their level of engagement
  • 94% of employers report that having a succession plan positively impacts the entire workforce.
  • 32% of people say they’d quit if there was no room to learn, grow, or advance at their job.
  • Succession programs have been shown to have a positive impact on employee retention. By preparing high-potential and high-performing employees for progression in the organization, and investing in their development, you demonstrate an organizational commitment to them that will most often be reciprocated.
  • Companies with sound succession plans are correlated with better long-term performance.

Succession Planning or Talent planning, which refers developing plans for the whole organization, are a primary outcome of a solid, on-going Performance Management approach that many companies are moving toward today. It is a win-win scenario for both employees and employers alike!

 

Sensationalism in the Workplace

Usually when we hear the word “sensationalism” our thoughts immediately turn to some form of media coverage be it through the internet, TV, or radio.  The news is often blamed for sensationalism. Wikipedia suggests “Sensationalism is a type of editorial bias in mass media in which events and topics in news stories and pieces are overhyped to present biased impressions on events, which may cause a manipulation to the truth of a story. Sensationalism may have reporting about generally insignificant matters and events that do not influence overall society and biased presentations of newsworthy topics in a trivial or tabloid manner contrary to the standards of professional journalism.” However, are we often guilty of the same type of sensationalism in the workplace?

In the workplace, it is likely that the same motivations are at play, minus the advertisers’ dollars perhaps. People probably sensationalize in order to attract attention, promote an agenda, or distract from an issue.

To Attract Attention

There are two primary reasons that people feel the need to attract attention to themselves:

Lack of self worth can be a cause for attention seeking behavior. Some people think that they are overlooked and so they think that the only solution to restore their balance is to bring back the lost attention. The attention they will get in this case will provide them with reassurance and will help them think that they are worthy.

Arrogant & overconfident people may seek attention because they have the feeling that they deserve to be in the center of attention. Because they aren’t mature enough they still think with their inner child’s mentality which makes them believe that they are the center of the world.

To Promote an Agenda

People often feel if they can appeal to the emotions of others, instead of having to put in the hard work of creating a case using data, that they can push their ideas through.  This approach is often used in combination with the desire to distract from real issues

Distract from an Issue

In most circumstances, sensationalism is used to distract from or deflect the real issue.  It is created to serve a small subset of the population, or, in the worst cases, only the person creating the sensationalism.   When someone starts asking logical questions, asking for data to back up the accusations, it falls apart quickly and the person will respond with additional emotion or accuse you of not wanting to deal with the problem.  Staying calm and continuing your quest for the data is usually the best approach.

Sensationalism in the workplace is driven by hidden agendas, self-serving  scenarios and egos. Let’s make sure we approach discussions with open agendas, data based decisions and a calm demeanor.

Identifying Lead Measures

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Many organizations go to great lengths to track and report on lag measures.  A Lag Measure measures the ultimate goal you are trying to accomplish, such as an increase in sales or profits, or a decrease in turnover, however, it is always in the past.  While useful, the challenge, and benefit, comes when we spend the time to figure out the lead measures. How do we impact turnover or how to we move the needle on cost per hire?  It is impossible to reliable impact your lag measures without understating all aspects of lead measures.  Lead measure are the measures of the activities most connected to achieving the goal.

Lead measures have two advantages, they are both predictive, meaning they lead to the accomplishment of the Lag Measure or goal, and they are influenceable, meaning you can do something about them. Lead Measures are about narrowing your focus down to the 2 or 3 things that “trigger” success, or your end goal.  If you understand your lead measures, you can more consistently and predictably replicate your success

In the example of employee turnover, a lag measure, what might influence that?  If our goal is to decrease turnover to 10% per year, what leading measures do we need to focus on to achieve that goal?  Some examples could be employee satisfaction, employee engagement, time to respond to an interview request. All of these need to be measured and focus needs to be given to 2-3 that can reliably be shown to have a positive impact on reducing turnover. Choosing only 2-3 will allow you the best chance of success.

Spend time thinking about where your focus lies.  Does it lie on a lag measure that is out of your control or on a lead measure(s) that you can actually control?  Lead measures track the critical activities that drive, or lead to the lag measure.  They predict success of the lag measure and are influenced directly by the team. A common example of a lag measure is weight loss. Which activities or lead measures will lead to weight loss? Diet and exercise! Proper diet and exercise predict the success of weight-loss and they are activities that we can directly influence. Simple enough but be careful. Even the smartest people fall into the trap of fixating on a lag measure that they can’t directly influence. This is because lags are easier to measure and they represent the result we ultimately want

In summary, Lag measures give you the score, but Lead measure tell you how to win!

Locus of Control

Most recently I heard Locus of Control referenced on an episode of Bull I was half watching on my way to Tampa.  The question he posed to prospective jurors was “Why do you catch a cold?”. Those with an external locus of control answered “ because I was exposed to germs” or something along those lines.  Those with an internal locus of control answered “Because I let myself get run down”. You can quickly discern the difference. One believes things happen to them and the other believes they are in control and they make or allow things to happen

Locus of control is a psychological concept that refers to how strongly people believe that they have control over the situations and experiences that affect their lives. A person with an internal locus of control believes that he or she can influence events and their outcomes, while someone with an external locus of control blames outside forces for everything.  Infrequently does anyone fall exclusively in one category or the other. Most people fall on a continuum somewhere between the two

Your locus of control can influence not only how you respond to the events that happen in your life, but also your motivation to take action. If you believe that you hold the keys to your fate, you are more likely to take action to change your situation when needed. If on the other hand, you believe that the outcome is out of your hands, you may be less likely to work toward change.

Think about that for a minute in terms of your workforce:

Those With an Internal Locus of Control

  • Are more likely to take responsibility for their actions
  • Tend to be less influenced by the opinions of other people
  • Often do better at tasks when they are allowed to work at their own pace
  • Usually, have a strong sense of self-efficacy
  • Tend to work hard to achieve the things they want
  • Feel confident in the face of challenges
  • Tend to be physically healthier
  • Report being happier and more independent
  • Often achieve greater success in the workplace

Those With an External Locus of Control

  • Blame outside forces for their circumstances
  • Often credit luck or chance for any successes
  • Don’t believe that they can change their situation through their own efforts
  • Frequently feel hopeless or powerless in the face of difficult situations
  • Are more prone to experiencing learned helplessness

Which set of characteristics do you believe yield more motivated and productive employees?  Perhaps we should add to our long list of questions during interviews, “Why do you catch a cold?”