Whether you are new to the executive level or a seasoned veteran, having an executive advisor can be a huge asset. An executive advisor provides valuable feedback and insight that can help in all areas of your life, from career decisions to personal growth. But how do you find the right person for the job? Here are some qualities to look for in an executive advisor.
Experience and Knowledge
When looking for an executive advisor, it’s important to ensure they have the experience and knowledge necessary to provide helpful advice. Do your research and ensure that your potential advisor has credentials for advising executives and leaders. Are you seeking general advice on succeeding in your first executive position? In many ways, a new executive at Progressive Insurance faces similar challenges to a newly promoted CIO at General Motors. The first few months can be a marathon of just keeping your head above water.
Or do you need someone with specific industry knowledge? Or you may be looking for an executive advisor with a more narrow specialty, like negotiating contracts or rebuilding a culture. You will probably work with several advisors over your career, so the first one you choose does not have to know everything. And there’s nothing unloyal about working with multiple advisors. Think about what help you need and find experts in that area.
Don’t be afraid to look for a mix of particular skills and experiences. Need an executive advisor specializing in the biotech or medical device industry? Call Leland Sandler of San Diego. Otherwise there’s a good chance that you can find an advisor with the skills you need. Just start looking.
Empathy and Compassion
An effective executive advisor must empathize with clients while providing practical advice. This type of relationship requires someone who is both understanding and compassionate but also willing to challenge their clients to help them achieve their goals. An excellent way to get a sense of this dynamic is to meet with potential advisors before hiring. Even in today’s Zoom meetings and virtual professional networks, there are still concrete advantages to sitting down with someone in person. Ask yourself – is this someone I trust? Personal chemistry is essential. You are looking for someone you can reveal your weakness and vulnerability to.
Authenticity and Integrity
Your relationship with your executive advisor should be based on trust, so they must demonstrate integrity and authenticity in helping you achieve your goals. Your advisor should be able to provide honest feedback without being judgmental or overly critical. Additionally, ensure that your potential advisor is willing to listen as much as they talk – this shows respect for your perspective and allows them to truly understand what it is you need from them for advising sessions to be effective.
Final Thoughts
Finding the right executive advisor can be intimidating. When choosing someone best fits into your environment, many factors are at play, and offer helpful guidance when needed. However, by researching potential advisors thoroughly, asking questions during interviews, and keeping these qualities in mind while searching, you can ensure that you find someone who meets all of your criteria and helps take you or your team’s performance up a notch! Good luck!