Services

Executive Coach in Mumbai, India


What is Business CoachingWhy Executive Coaching?

Executive coaching is aimed at drawing out and leveraging an executive’s peak potential, and subsequently, aligning with the collective corporate vision of a company, in a bid to generate and deliver superior value.
Being conducted in an environment that supports all-round accountability across coach, client (being the executive) and sponsor (corporate), it is no surprise then that executive coaching almost guarantees a higher probability of success – particularly because it is customized, focused and rigorous.


BusinessThe Approach to Executive Coaching

WealthPal applies a decisive ‘result-driven’ approach using its proprietary P2A2 model.

P2A2 model
1. Passion
passion

Passion is your inner urge to do something or become something in life.

Identifying your passion is a journey from knowing WHAT you do to WHY you do it. While most would know WHAT they do, fewer would actually know WHY they have been doing it in the first place.

A word of caution here: If you think your WHY is money, you are wrong. That’s because money is just a result of what you do; however, it cannot be the bedrock of WHY you do something.

For example, my passion (WHY) is to contribute to people’s lives by providing them with clarity and confidence to pursue their dream career. Inherent in that passion is also my social goal of effecting financial freedom and fulfilment. In order to achieve that WHY, I have fashioned my WHAT - being an Executive Coach.

Why Passion?

When you are passionate about something, you’d then have the courage to express your thoughts, opinions and convictions, something that establishes you as a force to reckon with. It is out of habit that a passionate person strives for excellence.

With only passion by your side, you’d be able to tide over many a challenges on your way to success and wealth. In challenging times, when your colleagues might want to give up, your passion will keep you focused, encouraged and persistent – qualities that are worth their weight in gold on the path to success and wealth creation.

How to identify your passion?

Identifying one’s passion warrants thorough inquiry, something that a certified coach is qualified to conduct. In essence, singling out that urge -- the reason to do whatever you are doing -- is an exercise of discovering the self.

In order to nail your passion, you may have to expose yourself to a variety of activities, only to arrive at that one exercise you think you performed better in comparison to the others.

2. Potential
Potentia

The next step is to unlock your peak potential in the field that you’re the most passionate about.

Understand that everything that you have achieved in your career so far is a result of everything that you know already. In other words, you are using your full potential currently.

That being said, should you want to improve results in your life, your current potential is probably not going to be enough. You’d need to tap into that extra bit of potential and perspective in order to develop a new approach to tackling challenges. How do you unlock new potential? The answer is - by attending to your blind spots.

What are blind spots?

Blind spots are aspects to our personalities that are clouded from our vision. These might be self-defeating habits such as interrupting or bragging, things that may put people off, and in the process, undermine our leadership.

Blind spots are common, and not things to be worried about. Although it's generally not pleasant to confront these aspects, doing so can be very useful when it comes to personal growth and leveraging our full potential.

That being said, we cannot find our own blind spots; after all, they’re called blind for a reason. We cannot do anything about these on our own, unless someone helps us see them. That is exactly the role of an expert coach.

My blind spot, in brief

When I made a career transition to become an Executive Coach, I believed that doing PhD was necessary for the job. So I applied and got into one. However, a few weeks into it, I started feeling disconnected at a point. I decided to talk to a few acquaintances to get their honest opinion. All of them dismissed the idea of doing a PhD and called it my blind spot. Once I was made aware of it, I clearly saw it was unnecessary to do a PhD. I quit immediately. I can’t believe the amount of time it freed up for me to focus on much more important things required to grow my business.

Uniqueness Matters

The second aspect of leveraging your peak potential is to identify your uniqueness. You cannot be stereotyped and served a solution that works for others because there is no one like you.

The opportunities and options available to you are also equally unique. Considering your unique goals, interests, strengths and weaknesses, it becomes too many variables to look at objectively and decide on the career that best fits your needs. A coach, through inquiry, helps you identify your uniqueness - so that you could marry it with the opportunities available for your unique self.

3. Alignment
alignment

Jack Welch, ex-Chairman and CEO of General Motors, said, ‘leaders should be Chief Meaning Officers’. Leaders should provide meaning, i.e. clarity of vision to the workforce they lead.

They need to determine where the organization is headed, explain the purpose -- why is it headed that way – and most importantly, explain to the team what is in there for them to follow corporate goals.

Many leaders don’t consider it important to sell their goals and vision to the workforce, something that eventually becomes the root cause of distrust, lack of focus, and frustration amongst employees -- important elements that may jeopardize organization goals.

If you are a senior executive, your success and growth would be a function of your ability to align your personal, and your team members’ individual goals with the overriding corporate vision. Nothing matters more than this. The point where this alignment goes amiss, you end up with a leader who is frustrated and a team that is not motivated - a recipe for mediocre performance.

When a coach guides your needs and funnels them into a developmental action-oriented plan, a key consideration is always an alignment of your goals with the bigger business or corporate goals.

4. Action
action

“Knowing and not doing is the same as not knowing.”

Activity vs. Action

Once you are motivated to act, you might end up becoming consumed with activity – mere tasks with no connection to real goals or purpose – and then wonder why they aren’t taking you anywhere. Although both action and activity connote movement and may appear to be similar, more often than not, they are diametrically opposite to each other.

Actions help us regain control of our goals, while activities perpetuate procrastination. Actions set us free by taking us closer to our success or wealth goal, whereas activities may enslave us by usurping our precious time. Just as ‘movement’ doesn’t necessarily mean ‘progress’, activities may lure us down the unsatisfying and addictive paths of futility.

An action is purpose-driven and strategic. There is also a sense of urgency with actions. Activity is like signing up for the gym. While you can say that you did take the first step, what better would it be for your body if you eventually never made it to the gym?

Should you feel empowered after completing a task, chances are it was an action. Bear in mind that there is nothing wrong with pursuing activities as long as they are performed with awareness and in moderation. We all need to execute a host of ancillary activities to support a bigger goal, but knowing which tasks would take you towards your goal is critical.

Some examples of activities

  1. Being busy in office or checking and responding to routine emails is activity, not action.
  2. Long hours of hard work do not automatically qualify as action. Hard work in the direction of your goal amounts to action.
  3. Conducting routine team meetings or updates is not action. It is an activity.
  4. Reading is an activity unless you follow it up with action. If you keep reading without any follow-up action, you are procrastinating.
  5. Thinking is not action unless you are thinking of a creative solution to a problem. You still have to put that creative thought into an action.
  6. Planning is not action. It is a step in the process of acting, and hence, an activity.

Business7 Steps of Executive Coaching Process

Pre-Work

  1. Initial meeting
  2. Finalizing scope of work
  3. Logistics
  4. Contracts

Goal Evolution

  1. Felt Needs
  2. Directed Goals

Assessment and Information Gathering

  1. Informational interviewing
  2. Client self-report questionnaire
  3. Self assessments / 360 degree

Finalize Development Action Plan

  1. Development Objectives
  2. Actions (Start/Increase, Stop/Reduce)
  3. Target Dates
  4. Sharing with stakeholders (sponsor, supervisor)

Coaching in Action

  1. Weekly/bi-weekly sessions
  2. Progress Review
  3. Course Correction

Periodic Sponsor Reporting

  1. Update on Development Action Plan
  2. Resolve scope creep

BusinessExecutive Coaching Services

Depending on your requirement, you can select either of the two executive coaching services:

1. Leader’s Agenda coaching

  • For C-Suite executives
  • Highly customized as goals are variable
  • Open-ended
  • Emphasis on discussion and insight
  • Focus on executive’s unique leadership challenges

2. High-Potential coaching

  • Directed at middle and senior executives
  • A 1-3-6-9-month coaching engagement
  • Focus on leadership efficacy in your current role, or preparing for future opportunities
  • Action-driven plan focused on extrapolating future job challenges