Reasons for seeking coaching: Confidence
HFMA Executive Coach, Arnold Palmer, explains why executive coaching is ideal if your lacking in confidence.
"Believe you can and you're halfway there.” Theodore Roosevelt
Why might a DFO or CFO be lacking in confidence? New roles mean new challenges and the NHS finance leader’s role, with its mix of managing a tight ship and having the courage to look to the horizon can lead to testing times. The jump to becoming a board member is significant and the DOF/CFO role can be a lonely place.
Where an NHS finance leader is lacking confidence, an Executive Coach can help focus on the positive, thus increasing confidence. Consider, for example these 3 encouraging observations:
1. You didn’t get here by accident, a stringent recruitment process ensured that you had the necessary talent and potential to deliver.
2. You didn’t appoint yourself, DOF/ CFO appointments are made by Chairman and Chief Executives who are experienced in choosing and developing their Executive teams. You can take comfort that senior people with significant experience have shown faith and judgement in your ability.
3. Confidence builds when you make good decisions, you can then face the next range of options with enhanced confidence. A good executive coach can help you to reflect on, harness and expand your strengths.
So are good NHS finance leaders born or nurtured? I believe that good DOFs are grown and developed, so finding ways to improve and fast track the development of a current or aspirant DOF is worth considering, perhaps with an executive coach.
Arnold Palmer, FCCA MBA PGCE
HFMA Executive Coach