As business leaders, we’re often tasked with the role of improving team dynamics and efficiency. When dynamics are strong, a team works well together. When dynamics are poor, the team's effectiveness reduces. Achieving optimum team efficiency is not always simple to do, so you may need a little support to make those all-important improvements. If this is the case for you, then this 4 step guide will help. Creating more Dynamic Teams Goal-setting By committing to shared goals at the start of a project, team members can understand and commit to the targets they’re working towards. This will increase the chances of everyone being engaged and committed to achieving their shared vision. Brett Steenbarger discusses the importance of meaning and purpose of goals in this interesting Forbes article. Identifying strengths This Harvard Business Review article highlights the importance of teams including people who aren’t just high performers, but who have a unique balance of skills and mindsets that allow them to keep their focus, agility, and optimism in the face of uncertainty. By identifying these strengths and allocating [...]
Understanding executive coaching At Catalyst we believe that business leaders, like top athletes, benefit from having a coach at their side to help them perform consistently at their absolute best. This week we will discuss executive coaching, explain how it differs from mentoring, and outline the benefits. Executive Coaching London What is executive coaching? The coaching process focuses on providing a safe environment in which business leaders build a collaborative partnership with their coach, to explore ideas, opportunities, strategies, challenges and issues, in an environment that is confidential and impartial. A skilled coach will observe then use insightful questions and reflections to help development in an ‘ask-not-tell’ approach. Business leaders set the agenda, focusing on what’s important to them. A coach will then challenge them to explore new perspectives and alternative options, to expand their thinking and support decision making. What’s the difference between coaching and mentoring? It is important to understand the distinction between an executive coach and a mentor. Both are focused on the client’s personal development, both are confidential and both are ultimately looking to demonstrate [...]
This week we’re looking at how to break free of the norm and rediscover your entrepreneurial spirit. We’ve found that executives who adopt a more entrepreneurial mindset through coaching and mentoring come up with more innovative ideas and understand how to apply them in their own organisations. Business leaders should use entrepreneurial thinking to generate new ideas and develop ways to grow their business. This approach can give you an edge, help you penetrate markets faster and accelerate business growth. Here are some ways to help you get on board with the entrepreneurial approach, no matter how large or small your business is. Look for what’s missing Rediscover Your Entrepreneurial Spirit Entrepreneurial success comes from finding what’s missing and working backwards from that point – it’s finding an innovative solution to solve an existing problem and finding the missing piece. We often think of this as that ‘big new idea’ but more often than not they are linked to the innovative incremental improvements to your products or services. Find a mentor Smart entrepreneurs look for mentors who have experience [...]
Business leaders and managers sometimes ask ‘what is the value of a mentor?’ As it’s National Mentoring Day this week we thought we would tackle this questions and explain not only what mentoring is but also how it can transform performance. Business Mentoring London What is mentoring? The word Mentor originated as the name of a character in Homer’s Odyssey and is now used more generally to refer to a trusted advisor, friend, teacher and wise person. To help distinguish between mentoring and coaching we would say that a mentor has insightful answers for your questions whereas a coach has insightful questions for your answers. Business Mentoring When mentoring takes place in a business context, the mentor will work closely with the client to help meet their business objectives, largely through advice and guidance, based on the mentor’s experience, expertise and insights. Sessions are confidential and are structured around businesses-specific needs but will often focus on exploring the opportunities and challenges that are currently being faced as well as on longer term strategies. How can mentoring make a difference? [...]
As it’s World Values Day this week, we took a closer look at leadership values. We’re helping our clients use values-based coaching and mentoring to transition their leadership from good to great.
What makes a good manager? This week at Catalyst we’ve been unpicking the theme of management, discussing what makes a good manager and thinking about the common traits of some of the best managers we’ve had the pleasure of coaching and mentoring. Here’s what we found. Top Traits of a Good Manager Management text books and self-help guides regularly quote the common denominators of communication skills, the ability to make decisions and being able to think quickly under pressure. These are all important, but they aren’t the critical elements that transform a good manager into a great one. What makes a manager stand out from the crowd are the traits that take them from being someone who manages to someone who leads. Becoming a leader A good manager makes sure the daily operations of the business run smoothly. A great manager has the traits of a leader. Forbes has interesting insight into the major differences between a manager and a leader. These differences include being unique rather than following the herd, taking calculated risks, and always thinking long-term. [...]