Until recently, the value of coaching services has not been measurable, and finding a compatible coach for an executive also felt like a challenging task. With the advent of artificial intelligence (AI), finding the right coach, measuring progress, and seeing executives using the services are much easier and finally enable HR departments to measure the success of each coaching journey.
Source: Besjunior / shutterstock
AI-based coaching resources not only are imperative to use for both the coach and the coachee but also will help curate HR hiring and organizational strategies to make companies more effective and productive.
Overcoming the Compatibility Challenge
One of the biggest challenges of assigning a coach to an executive is the compatibility aspect. While the old-fashioned interviewing process is somewhat effective, it is ultimately a process of trial and error and can quickly become very costly. Matching algorithms and AI will transform the way coaches are selected for executives and also create a more fruitful coaching journey that results in productive relationships from the start.
Using AI to assess the blind spots of an executive team is essential to the progress of a coach/coachee relationship, whereby providing a report on the executive team’s profile to both HR and the coach yields a more customizable coaching plan and eliminates the cookie-cutter coaching methodologies.
Better with AI
Gone are the days of wasting time scheduling and trying to get in touch with your coach. Now that AI-based coaching is available and accessible, having platforms that provide access to your coach’s schedule now means high hourly costs are no longer wasted on administrative tasks.
Upskilling an already impressive executive team can sometimes make it difficult to recognize the exact progress an executive is making with his or her coach. Utilizing AI, data tracking progress are collected and made accessible to all parties involved in the coaching relationship.
By understanding their strengths and weaknesses and witnessing their own measurable improvement, coachees are more inclined to utilize coaches for improving or maneuvering around their weaknesses, which will morph into strengths. From an HR perspective, this is a real benefit, as having these measurable stats on an executive can help improve the organization as a whole. If HR professionals are able to see the gaps in an executive team through tangible metrics, they will be more effective in the organizational development of an entire company.
Not only will AI help customize the coaching experience, but it will also help speed up the process of a coachee’s expected timeline to reach goals. While the “perfect executive” does not exist, each coachee can reach his or her milestones faster by using AI and data. Figuring out the real problem is half the battle, but with the use of AI, HR teams can pinpoint weaknesses faster through custom-designed assessments, which are more efficient and time-saving. And because some AI platforms are incorporating both behavioral and cognitive assessments to pinpoint and extract data, their methodologies are going to exponentially increase the productivity of both the coach and the coachee.
Executive coaching has been used by HR teams for decades, but with the advent of AI, it has become increasingly more productive, efficient, and effective for all parties. By aiding the administrative processes of coaches and curating assessments that can provide a snapshot of strengths and weaknesses, coaches have the ability to dive into the most effective strategies a lot quicker than before.
To get the most out of an executive coach, AI-based coaching resources are the most efficient way for HR teams to reach their goals faster and more cost-effectively. Knowledge is power and the key to success, and if HR teams can help bring coaching data to their executive teams, as well as provide them with the data of their progress, more executive teams will be inclined to not only use coaching but also advocate for it.
Chessa Eskandanian-Yee is the CEO of LeaderEQ, an AI-based executive coaching company led by Eskandanian-Yee and her mother, Katherine Eskandanian-Yee. LeaderEQ aims to inspire constant improvement for business leaders and their organizations.