TACA: 5 Reasons CEOs Think THEY Don’t Need Coaching
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excerpt from below article:
Beware of the CEO Who Doesn’t Need Coaching
Michael Cooper entrepeneur
Working with an executive coach can give invaluable support to entrepreneurs, sometimes making the difference between failure and success. When entrepreneurs are open-minded and enterprising enough to seek help, they can transcend any number of challenging scenarios, resulting in improvements in both their business and their quality of life. However, coaching doesn’t solve all business challenges, and some entrepreneurs are less open to coaching than others.
So, why do CEOs who need coaching avoid it? Here are the top reasons that in my estimation, CEOs resist coaching.
They think that since a few key metrics are good, everything else is OK too, and that things are bound to stay that way. Also, they may feel more comfortable with the idea that other people need help instead of them.
It takes courage to ask for help and commit to your own self-improvement. Many CEOs are actually quite afraid of judgment and failure, identifying above all else as successful people. Other times, it may actually be a fear of success that keeps a CEO from seeking the tools he or she needs to thrive.
When people are great at one thing in particular (i.e.- coding) they may make the mistake of leaning on this talent too heavily, at the expense of developing the other aspects of themselves — like patience, leadership and interpersonal relations. They become intractable, lacking the flexibility necessary to negotiate challenge with grace, and to grow.
Some people are terrified of losing control. They’ve got a system in place, and undoing it for the purpose of making improvements would mean total chaos, leaving them vulnerable to disaster. However, the life of an entrepreneur is one that requires the courage to embrace constant change and let go of old habits and patterns, making way for new methods of doing business.
Some people lack the life experience to fully comprehend the importance of healthy group dynamics. Not surprisingly, these folks often have little exposure to coaching and don’t realize how it can vastly improve their business.
Being a CEO means being ready to work hard, and this work is not limited to crunching numbers or making deals. Learning how to lead effectively is a crucial aspect of leading a business. If you’re a CEO who’s claimed he doesn’t need coaching, consider your current skill set, and ask yourself if you might benefit from support in becoming a more effective leader. If the answer is yes, don’t be afraid to reach out to an executive coach.