- December 13, 2019
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Are you a Star Performer?
Somebody recently asked me casually why certain CEOs fail both in large corporates and in startups when they seem to be just the right people for the job given their perfect subject matter expertise?
In some cases, these leaders may have even achieved early career success and then gradually declined back in towards average performance. In other, worse, cases, these apparently once unstoppable leaders may have completely derailed their careers and ended up paying the price forever thereafter!
The answer is that while some people are born with certain traits that enable them to inspire people naturally, the majority of those asked to lead must learn new skills at every step of the way. Those leaders who had either failed to hit objectives despite the right expertise or who had failed to continue their success despite earning it earlier in their careers shared one thing in common: they failed to continue investing in their own personal growth. They were good, but they were not rock stars.
Rock stars, according to both researchers and practitioners in the field of leadership development (e.g. Nadler, Boyatzis, Auerbach, and the Center for Creative Leadership), are leaders that have scored in the top 10% of all executives on several key skills – all of which were developed over many years with the help of effective coaching throughout.
Surely, every person learns differently than others: meaning different capacities to learn, different motivations for self-improvements, different willingness to accept areas for improvement in themselves. But through numerous in-depth studies, the same conclusion has continued to be reached: organizations that invest in executive coaching develop rock star executives that improve financial performance, attract and retain talent, grow winning cultures and increase organizational agility.
Through executive coaching, leadership can be learned, behaviors can evolve, and success can be designed and executed on. Companies that fail to invest in their organizational and leadership development not only fail to maximize the potential of their executives, but also as a result see the effects trickle down to the rest of the organization. Employees feel uninspired, mismanaged, misguided, and for the majority of businesses where the people represent the key competitive advantage, the organization risks losing its edge to companies that do invest in its leaders.
So, what are some of these skills that make regular successful leaders into true rock stars? Strong and consistent values, self-awareness, confidence, trustworthiness and accountability, self and impulse control, communication, empathy, influence, facilitation of collaboration, development of other leaders, social and organizational awareness, among other things.
Are you ready to be a rock star?
Are you ready to elevate your performance and inspire your team?