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Episode 006: The ROI of Coaching
Today’s episode of the AEC Leadership Today podcast features John Ramstead. John is a certified leadership coach who works with top leaders and organizations to implement effective coaching for the benefit of their employees and their organizations as a whole.
Proper Coaching is Involved
John started as a navy fighter pilot and then had a very successful career in business. After a near-fatal accident, his life trajectory changed. His faith and support from his family and amazing friends have made him the person he is today and helped lead him to his new calling. Now he is a top leadership coach, and he inspires leaders to accomplish great things for their organizations through coaching.
“Coaching is about drawing out from somebody their experience, their training, skills, and knowledge and taking ownership of it by applying it in ways that get results.”
In this episode, we discuss:
- What is coaching. Coaching isn’t just about sitting down with someone and telling them how to do their job. There are many aspects of coaching. Whether you’re doing formal one-on-one coaching, spot coaching, or just having conversations that lead to coaching, they will all be unique to the person you coach. Their individual goals, skills, and experiences should be at the center of your coaching, so you can guide them into being the best person for that position.
- The problem of managers not being engaged. We have phenomena happening where two-thirds of employees are not engaged in their workplace, but we also have two-thirds of managers feeling the same way. If our managers aren’t engaged enough to engage the employees directly under them, we have a different problem. We have a leadership problem.
- Why having a “Coaching Culture” is a competitive advantage. Bersin and Associates reported that organizations that have a coaching culture have a much higher business performance. Organizations that have managers who are coaching effectively and frequently have a 21% higher business performance. Similarly, organizations that prepared senior managers to coach were 130% more likely to realize higher business results. Even better, they had a 33% higher level of engagement.
- How organizations will be more successful if they understand the motivations of younger generations. Millennials and Gen Z don’t have work/life balance in their vernacular. With them, everything is connected. They might be on their break, on their phone planning out their evening, and that’s okay. Younger generations need appreciation, and they need to feel that their work aligns with the rest of their lives.
- How top organizations approach coaching and why executive and management coaching helps us keep up with change and be successful.
- Why you need to slow down in order to speed up. Being too busy might mean you need to make a change. Especially in smaller organizations, we cannot be so busy that it risks the success of our organization. If you don’t have an hour every two weeks to focus on yourself and how your work is affecting your personal life, a change needs to happen. If this is the case, many times, it is also true that you don’t have enough time to coach your team effectively. This will hurt your chances of success.
- How to make work more fun and why that, like so many other things, all starts at the top.
“Gen Y and Gen Z want to feel appreciated and that their work is meaningful in the way it connects to their values and the rest of their lives”
John has a wealth of insights on coaching and how the times are changing the necessary measures of our organizations. We could have talked for hours! Listen to the episode for more helpful leadership insights from a truly fantastic person.
About John Ramstead
John is a certified leadership coach at Beyond Influence LLC, a company where he is as a leader himself. He specializes in coaching that benefits an organization as a whole, and his company is rated as extremely effective in the development of the next generation of leaders. He also has a faith-based leadership podcast, Eternal Leadership, which is all about how to bring your faith into the workplace.
Thanks for listening to the AEC Leadership Today Podcast!
I sincerely hope you enjoyed today’s episode. Be sure to check out John Ramstead’s podcast and the resources below for more information. If you like what you heard, leave a review on iTunes and share the podcast with a friend. See you in the next episode!
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About the Host
Peter C. Atherton, P.E. is an AEC industry insider having spent more than 20 years as a successful professional civil engineer, principal, major owner, and member of the board of directors for a high-achieving firm. Pete is now the President and Founder of ActionsProve, LLC, author of Reversing Burnout. How to Immediately Engage Top Talent and Grow! A Blueprint for Professionals and Business Owners, and the creator of the I.M.P.A.C.T. process. Pete works with AEC firms to grow and advance their success through better strategic planning implementation, executive coaching, performance-based employee engagement, and corporate impact design.