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Three Reasons Leaders Need Coaching in 2021

Many organizational leaders view leadership coaching as a one-off type of investment. It’s expensive, they think, and besides, even if it might be helpful, between a global pandemic, racial reckoning, tons of people resigning, and a lower than typical number of job applicants responding to fill new vacancies, who has time for that right now?

Unfortunately, this is the wrong conclusion to support organizational success today. There are three primary reasons your return on investment (in terms of both time and money) for leadership coaching has never been higher than right now.

Evolving Your Business Ecosystem

All businesses today operate within one or more recognizable ecosystems. Ecosystems look like patterns of regular exchanges between individuals and organizations through which they acquire new customers (lead generation), generate revenue (selling products and services), and reduce their operating expenses (outsourcing, automation, and fractional work arrangements). Exchanges can be information-based, currency-based, or relational. All three types of exchanges can be valuable contributors to your business’s success.

Conversations Around Your Organizational Culture

Every organization has a culture, whether the leadership team has tried to build it intentionally or not. That culture sets the tone for everything that happens within the organization, from who is hired and how people are rewarded and retained to customer satisfaction and ultimately, profit. The good news is you do have a choice to build yours intentionally.

Changing the Conversation About Leadership

Look closely anywhere in corporate America, the government, and even sports and you’ll realize: we haven’t had enough great leadership in the past…and we don’t have enough now. It’s time to change the way we talk about leaders, how we perceive people’s readiness to lead, and how we encourage the behaviors we want to see all leaders demonstrate in the future.

What Being More, Doing More Really Means

Many of us have heard the story of Dan Price, the CEO who made headlines by cutting his own salary so he could raise his lowest-paid employees to a minimum salary of $70k a year.

People said his company would go under. Others said that he set an unrealistic precedent. Many said he was crazy.

In a country where the CEO of large organizations typically make 1200x more than their lowest-paid employee, we’d argue that Price epitomizes being more, doing more.

Best Practices for Returning to Work

With vaccination rates increasing rapidly, offices are slowly beginning to open back up–many planning to implement a hybrid approach. And we recognize that some employees have been in person and on the job for the duration of the pandemic.

What’s important to note is that not every organization has an adequate plan in place yet to enable their employees’ success in a hybrid setting. We know from experience that face time with employees is important. And even as some recognized a benefit to slowing down (or stopping) travel for business meetings and team gatherings, we’ve also seen that Zoom-only might not be a viable long-term replacement for all of our pre-COVID in-person interactions.

Aligning the 4 Key Elements in Your Organization

Something isn’t quite right in your organization. Maybe revenue isn’t where you’d like it to be despite a significant increase in your marketing spend, or voluntary turnover is a lot higher than it used to be. You may not yet know for sure what is “off,” but you know something is up.

It might be tempting to scrutinize the activities of your sales team or human resources, but the truth is what’s off could be any number of things.

Having the Difficult Conversations About Gender

We’ve talked a lot about the importance of instilling inclusivity and equity as core values in your organization: what that looks like and how to lead with inclusion and equity in mind.

And you’ll see it all over the internet: the benefits organizations can realize when they focus on increasing inclusion and equity in the workplace as well as programs to develop the required mindsets, skill sets, and behaviors. Many organizations pay lip service to diversity, equity, and inclusion as core values but few organizational cultures today otherwise manifest those values in a visible way.

Managing Organizational Culture in a Changing World

If you had a successful business in 2019, you likely experienced some tough setbacks or in other cases, unique opportunities for growth during 2020. Fast forward to 2021, and we’re still working in a very different context than we were before. Most of us are now working either partly or entirely online. Many organizations are either launching or attempting to reinvigorate their DEI initiatives. So, how can we be effective and change-positive stewards for our organizational culture now?

Simplify Your Decision Making with The 3T Model

We make decisions all the time—both minor (what brand of milk should I buy?) to major (which strategy will give us the biggest ROI?). If we want better outcomes from our decisions, we could use a tool to help us first narrow down our options. And we could clearly identify when there is only one viable path forward so we don’t waste time chasing dead ends.