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It's Lonely at the Top

Written by: Hilary Jeanes

Article Overview: Being an entrepreneur or leader in a small business can be a lonely place. Find out how to get the support you need to be EVEN more successful.

It's Lonely at the Top

Earlier this year an article in the Sunday Times Appointments Section examined coaching from the perspective of both coach and coachee and demonstrated that it can be of greatest benefit to those who are performing well, like top sportsmen and women.

Jez Cartwright, an executive coach interviewed for the article, states ‘With a few more executive coaches, there would be fewer people quitting, getting the sack or jumping out of windows. It’s lonely at the top – who else can these people talk to?’

One of his clients describes the benefits both personally and for his business, a recruitment consultancy: ‘We’ve just sold Witan Jardine to Australia’s Ambition Group, which means we can now offer people work across three continents. Last year we were one of The Sunday Times Best Companies to Work For. This year we were awarded the Financial News Award for Excellence. And for the last three years our profits have gone up 30% a year.

‘After Jez has been coaching people in the company for three months – and these are already high performers – their performance has increased in some cases by 50%.’ An impressive result!

A summary of types of coaching was provided, compiled by Gladeana McMahon, executive coach and vice-president of the Association for Coaching.

She describes executive coaching as mostly organised and paid for by the employer and divided into 3 general areas:

- Coaching for excellence. This is aimed at people who are already high performers. The aim is to make what’s good even better.
- Team coaching. This involves working with groups rather than individuals – for example, working with a department or a board of directors to build better team relationships, increase performance or improve communications.
- Performance recovery coaching. This is designed to bring someone up to an expected level – for example, after a promotion – or to bring someone back up to expectations where performance had declined.

Coaching is a powerful way of improving business performance for anyone. Often external coaching is provided for new recruits and those in leadership positions.

Many organisations are now investing in training their own internal coaches to enable people at all levels to experience the benefits of coaching. Coaching makes good business sense.

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Article Tags: aim, ambition, article states, executive coach, executive coaches, executive coaching, financial news, gladeana mcmahon, impressive result, jardine, lonely at the top, performance recovery, recruitment consultancy, sportsmen, sunday times appointments, team coaching, team relationships, three continents, three months, working with groups



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