Being a senior leader is challenging and can be lonely. Often times you do not have a trusted confidant that can work with you and act as a sounding board that can help close the gap between your full potential and current state. A good coach does this as they understand the art of facilitating another person’s learning, development, well-being, and performance. A good coach helps raise one's self-awareness and identify choices that they may not have realized existed. Through coaching, people are able to find their own solutions, develop their own skills and change their own attitudes and behaviors.
Senior leaders dealing with growth, change and M&A often find themselves in uncharted territory and unsure at times which path to take. With multiple events and options crossing their desk daily, they often do not find the time to step back and enter a period of reflection where they can think critically and creatively. A good coach facilitates this process giving leaders better clarity on their goals, options and willingness to execute.
When it comes to M&A specifically, most transactions fail on the emotional fringes. Once the deal is closed, the real work begins and even the greatest transition plan can't solve the emotional roller coaster ride of the acquired. A good coach working with a leader post transaction is an insurance policy in dissolving emotional risk and keeping the transition on track and the leader and team excited for what's to come.