"I found working with Peter to be incredibly helpful. He works with you to define objectives, creates discipline around considering the issues, asks probing, challenging questions and forces a game plan to achieve results. Peter exudes positive energy, he is upbeat, encouraging and a pleasure to work with."
Former Managing Director Merrill Lynch Investment Banking
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Greetings!
Happy Presidents' Day! I am writing to share my occasional thoughts on leadership, management, the world of financial services and career and life fulfillment. On occasion, I will use examples from my client work to highlight key points. In all of those cases, I have received prior permission from my clients to use their stories. I hope you find my thoughts relevant and insightful. However, if you do not want to receive these emails, please click on the "SafeUnsubscribe" link at the bottom of the page.
Are You a "Hitter?"
Recently, I was meeting with a 40-something client of mine, a long-time Managing Director at a successful middle-market private equity firm. He described the process by which he had just landed a seat on the board of advisors of a very prestigious international studies program at his alma mater. "Somehow my name came to the attention of the one of the current board members - a real hitter - and he asked me if I would consider joining the board. Things moved pretty quickly after that and before I knew it, after only one interview, I was named to the board. I cannot believe my good fortune! This board is filled with major hitters." I could not help noting his repeated use of the word "hitter" and how apparent it was that he did not consider himself one although he was now a peer of all the so-called hitters on the advisory board. So I asked him, "If you are on this board of hitters, what does that make you?" In spite of all his achievements and seat on the advisory board, his professional identity was stuck at a level below that of the hitter that he had become. He still viewed himself as a grinder, child of immigrants that somehow did not deserve the successes he had achieved. This lagging professional identity can be damaging to a fast-track career. Some executives continually strive to ask for more challenges and high profile assignments, confident in their ability to perform. Conversely, executives with a self-perception that has not caught up with their achievements are less apt to position themselves for such assignments, with the result being slower advancement. So, ask yourself, "What is my professional identity? What truly have I accomplished and what am I capable of right now?" Test your answers against several of your closest work colleagues and/or your spouse. Finally, come up with a statement that accurately describes your professional identity - today and five years into the future - and keep it wherever you keep your professional and personal goals. Do not allow your professional identity to slow you down!
Can You Accept a Compliment?
I often notice that when I acknowledge or champion a client, they become momentarily uncomfortable. Their voice changes, their eyes look away and they mumble something about how they just got lucky or their achievements were not really that significant. Why is it so hard for high-achievers to accept a compliment and, more importantly, what does this kind of behavior say about their self-perception? For many, the voice that deflects compliments is the voice of insecurity and self-criticism. So, practice accepting compliments graciously for the next two weeks. When receiving a compliment, simply look squarely at the person voicing the praise, let them finish uninterrupted and just say "Thank you. I appreciate it." Take a minute and let their comments sink in. You deserve it!
First-time CEO Springboard
Have you recently been promoted to CEO of your organization? If so, what are your priorities for your first 90 days? What is your leadership stake? What is your commitment to your organization's values and vision? How will you manage your board? How will you integrate with your senior team? Through my First-time CEO Springboard Coaching Program, I will help you achieve clarity regarding these questions and more. Please contact me for details. With respect, Peter Feer, CPCC, ACC Executive Coach
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Top 10 Reasons to Hire an Executive Coach
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1. Global business is becoming more competitive - you need to be your best.
2. Executive coaching is not just for CEOs any more.
3. A recent global PWC study found that 83% of surveyed coaching clients were very satisfied with the results of their coaching.
4. You deserve to be living your most fulfilling life.
5. Authenticity in all your relationships is one key to continued career success.
6. Honing your leadership skills is no longer optional - it's mandatory for accelerated professional growth.
7. Your direct reports are well aware of your shortcomings as a leader. Isn't it time you learned what they are and began to work on them?
8. Executive coaching will help you transition into that big promotion.
9. Wouldn't it be great to look forward to work on Monday morning? Executive coaching leads to enhanced career satisfaction.
10. An executive coach will hold you accountable for your goals and make sure you achieve them.
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Leadership Quote of the Day | "Great leaders are almost always great simplifiers, who can cut through argument, debate, and doubt to offer a solution everybody can understand." - Colin Powell
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Presidents' Day Book Recommendation | Today I am strongly recommending a "book" entitled Principles, by Ray Dalio. The author is the founder of one of the most highly regarded hedge funds, Bridgewater Associates, LP, a $120B CT-based fund. Imagine a cross between George Soros and the Dalai Lama, without the saffron robes or the wrong bet on tech stocks in 2000. At Bridgewater, Dalio has built a firm culture based on radical transparency, where independent thinking and innovation are valued above all else, resulting in a unique work environment and award-winning investment performance. In this lengthy PDF - made available on Bridgewater's website - Dalio outlines in great detail his principles for both life and management, the principles by which he runs his investment firm. There is wisdom on every page.
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First-time CEO Springboard Coaching Program
|  Have you recently been promoted to CEO of your organization? If so, what are your priorities for the first 90 days? What is your leadership stake? How will you manage your board? How will you integrate with your senior team?
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