A CEO or business owner who is committed to excellence in all areas
will recognize early on that neither they nor anyone else is an expert
in all things. You dont hire one doctor to handle everything that
might go wrong with your health, nor do you hire one consultant or
generalist for all areas of your business. The best way to get stronger
in a specialized area, without reinventing the wheel, is usually to find
a mentor in that area and learn from them.
Thats what coaching is all about. In an ideal world the CEO might
have a mentor for strategic thinking, one for public relations (or
public communication), one for financial management of their companies,
and still another for their personal financial goals. Over time, the CEO
might work with a particular coach for awhile, and then no longer while
the lessons learned are refined through practice. Or they might work
together for some period each year, e.g. a speaking coach before your
annual meeting or a financing road show. In some instances a coaching
relationship could last for years.
A financial management coach (our particular specialty) might
help the CEO better understand their own financial information, or how
to create meaningful incentive compensation plans for company
executives, or simply how to look for opportunities to improve the
bottom line. We help CEOs set relevant goals and then stay focussed on
achieving them.
Does that sound like football? Well, Vince Lombardi would probably
say "Sure!"