Private Equity and coaching
Private Equity and change -Why Private equity coaching is relevant
Private Equity International had an interesting feature about next-generation leaders – “Founders need heirs, and yet many founders of major private equity firms have yet to designate heirs apparent. PEI asked market participants to identify key next-generation leaders who seem poised to, if not take over their firms, continue to be entrusted with major responsibilities while the founders ponder succession plans”
Being clear about talent development and in particular milestones and evidence of having the “right” leadership qualities and being ready would seem to be a ” serous performance/development conversation” that is needed in these situations. That is where coaching for Private Equity professionals fits in. Reflecting on action and acting on reflection is something that professionals don’t do enough of. Those Private equity professionals who take ownership of their career by finding a private equity coach can rapidly overtake their counterparts who are leaving their development solely to financial /company assessment & performance. Decision making, relationship management, coaching skils, soft skills are part of the arsenal of a professional.
Professionals who look for a private equity coach are massively taking charge of their development and are doing something that all leaders find valuable , namely taking time out of a busy schedule to relect on performance and to look at key areas to improve .
Also skills, capabilities and competencies which enabled portfolio companies to thrive in recent years of growth, may not be suited to protect and preserve the business in leaner times so Private equity professionals may need to dig deeper in terms of adapatability and flexibility….Deeper in terms self awareness, focus and ability to behaviorally creates key changes…
The Private Equity coaching that I do is 100% confidential and is based on an intial meeting to see if the “fit”, the “chemistry” is right . Coaching is a trusted relationship and the private equity coaching that I do has this at the core before anything else. See also Private Equity coaching under Individual coaching
Private Equity Foundation and coaching
Our guest presenter, Ian Paterson, has written an article entitled “Coaching for Good” on the privatequityfoundation website:
Ian Paterson from Ernst & Young explains how coaching School-Home Support’s Director of Support Services is a win-win experience.
At Ernst & Young it is our wish and our responsibility to make a positive difference to the communities in which we operate. We work with a number of community partners who focus on the areas of entrepreneurship, the environment, and education – in particular, helping young people achieve their potential. To read more go to:
http://www.privateequityfoundation.org/get-involved/get-involved/coaching-for-good/
Breakfast Mornings, London
“Solution surfing is the future.”
Next Session 23rd September
THEME :
“What are the best ways of introducing a ‘coaching culture’ into your organisation? And what can you do to move this forward ?”
You are invited to join us for a breakfast on the 23rd September and we will use “solution surfing ” as the approach on the above theme. Joining us will also be special guest Ian Paterson partner and internal coach at Ernst and Young to discuss his ideas on the subject.
(See below for some recent comments from trainers, coaches and consultants.)
Solution surfers have introduced the Solution focused approach to the following companies:
Ikea, Saab, Coca-Cola, IBM, Rothschild, Nestle, Miele and Swatch, Ernst and Young.
Conversations that make a difference are vital to the success of your business. Trouble is, traditional methods take up valuable time and money, two things you don’t always have. Solution focused coaching is about to change all that, offering a faster, more effective alternative. Rather than focusing on the problem, it concentrates on the solution, and gets results, FAST. That’s why many of the world’s top companies are realising its benefits.
Come and learn about the next generation of business conversations.
To find out how this approach can improve your business, join us for a two-hour seminar. It will be invaluable to your organisation, whether you’re in HR, learning and development or management. Sessions for next 3 months ; 23 Sep, 28 Oct and 25 Nov.
For a brighter business future, book now your free place by contacting Rob Rave on 07958670416 or email rob@solutionsurfers.co.uk
Some Comments from participants who attended our recent sessions.
“Effective process , it was fun!”
Hilary Jeanes Director HR and coaching consultancy Purple Line Consulting
“Loved the interaction, really enjoyed the questions and tool box”
Shona Rowan peak performance coach and trainer
” I find the quick solution focused approach very appealing (as a non-coach but who tries to use diffrent methods and approaches ) ; getting away from analysing the problem and looking instead to the solution”
Adviser, Non Executive Director
“What I liked was the positive approach, the harnessing of existing energy in the client, the appreciation “
Roz Tacon Executive Coach Dynamic Leadership Company
” What I liked was the people, the informal approach , the pace of the session, the practical tools I can takeaway”
Anne Marie Cooper AMC Consultancy
“The simplicity, the impact it can have and how quickly you can move someone’s thinking to a resourceful and positive place”
Sarah Hope The Internal Coach
“The opportunity to put some of the tools into practice. I also enjoyed the relaxed nature of the evening”
Murdo Mackay Head of Human Resources
“Liked the well thought through structure and the reminder that solution focus coaching is a positive experiece for both parties. Thanks guys good job!”
Peter Welch Head coach/entrepreneur
“Brief to the point , felt like I’ve really learnt something I can use ”
Associate at Macdonald and company -Recruitment (Facilities)
“Very well organised , interactive and fun . SF is the future-yes we can! Jolly good show!
Dr Anya Louis, Coach
“Has potential to be very successful, caters to modern day constraints by providing a framework /platform to develop solutions from “
Maxcene Crowe, Director MCFM Consultancy Ltd
“Very practical straight to the practice”
Krista Gough , Director Metis Management
“It was a positive and enlightening approach to coaching . It appears to be more real world focused than other approaches I have encountered.”
Marcus Mann, Director Metis Management
“The benefits and general applicability were clearly explained , the session facilitated input from a range of perspectives and informal networking was enabled.The approach is aspirational , fresh and realistic for achieving buy -in “
Declan McCarthy , Training Business Manager
“It gave me an introduction into coaching (my first experience) and I found it very positive and inspiring. It concentrated on the positives rather than the problem itself. I very much enjoyed the experience!”
Sue, new to coaching
“It opened up new channels of thinking around issues I chose to tackle. Inspiring and opeing up new opportunities for me at a transitional stage. Thank you very much!”
Catherine Meeks
Open Training Course: 30-31 October 2010, Brighton
NEW: 2 day Brief Coach Training open to anyone interested in learning key solution focused coaching and conversational skills for change and progress.
Course dates: 30-31 October 2010
Location: Brighton; To book please call Rob on 07958670416 or e-mail rob@solutionsurfers.co.uk .
The course will cover the following:
- What is solution focused coaching and how it’s different
- Basic assumptions, its influences (e.g Erickson, Bateson)
- The approach and its connection with other coaching models such as NLP, Inner game plus Appreciative Inquiry and other positive psychology approaches
- The tools in detail, including the mindset and the language of Solutions Focus
- Exceptions, scaling, multi-scaling and the miracle question (time shifting and other ways of asking it )
- Solution Focused listening and relationship questions
- The effects of affirms and compliments
- Clarification and set up of contract (first session) between coachee/sponsor
- How to run effective “brief” coaching sessions (5-10 minutes) as well as longer coaching sessions
- Strategies on how to handle individuals “sent” to be coached ,“difficult” cases and particular challenges
- Designing your own coaching development and journey.
- Exercises including paired coaching, coaching in 3’s , fishbowl and tag coaching
- Inner and outer circle sessions. We will use your existing real challenges plus our experiences to illustrate particular cases
