Succession Planning addresses your organization's need to strategically prepare for the healthy transition of leadership. These plans are typically linked to a talent management strategy of effective recruiting, developing, retaining and preparing potential leaders for advancement. Considering the rapidly changing demographics in the workplace, special consideration should be paid to the Historically Underrepresented Groups (HUGs) in your talent pool.
Characteristics and Challenges of Successful Coaching Interventions
Executive coaching (or employee coaching or leadership coaching) is certainly not a new concept. Effective coaching occurs when the coach and the colleague have mutual trust and respect; where communications clear and understood by all parties simultaneously; when the colleague is well on track to achieving their professional goals; and the colleague is "dialed in" into the controllable behaviors that generate success.
Most challenges arise with coaching interventions because the market changes are more rapid and unpredictable than ever before; dramatic events may compromise the integrity of the coaching intervention; the continued "buy-in" by the colleague may become out-of-sync and no one understands why; and when basic objectives are not being met.
Why Minority Executive Coaching?
Scenario:
Jordan is a talented employee who is from a HUG. He has outstanding educational credentials and has an excellent employee track record to date. He is assigned an internal mentor or coach as part of his professional development who is not from his HUG. Though the mentor/coach can provide guidance and direction, the personal relationship and trust needed may not develop that would give Jordan all the "tools" he needs for further growth in the organization. The coach may not be able to provide him with the "unwritten rules" or truly and deeply be able to relate to Jordan at all levels.
Minority coaching targets HUG employees and can provide the "missing ingredient", and can many times provide more relevancy. Since many organizations view coaching as an integral component of talent management and development strategies, this focus can enhance existing internal mentorship and coaching programs. Organizations can provide this resource to identified or self-selected colleagues as part of their development plans. Talent that can be developed to assume more responsibilities over time is a win-win, can increase retention rates of high potentials, while developing talent pools to fill key roles.
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