The Value of Experience in Executive Coaching\nIn a recent episode of The Thoughtful Entrepreneur Show, host Josh Elledge engaged in a compelling conversation with Gary Cohen, the managing partner and executive coach at CO2 Coaching. The discussion delved into the nuances of executive coaching, particularly for CEOs and company presidents. Gary Cohen shared his wealth of leadership, coaching, and business strategy knowledge, offering listeners practical advice and profound insights. This blog post will distill the key themes and tips from the episode, providing a valuable guide for business leaders and entrepreneurs.\n\nGary Cohen highlighted the significance of practical experience in executive coaching, stressing that coaches who have held similar leadership roles can offer more relevant and actionable advice. He also introduced the CO2 Coaching framework, which focuses on helping clients reclaim their time by delegating or streamlining tasks. Additionally, Gary emphasized the importance of balancing cost reductions with revenue gains to ensure a sustainable business model. These strategies are crucial for effective time management and financial health, enabling leaders to concentrate on strategic initiatives.\n\nThe conversation also touched on fostering a culture of accountability and learning from failures. Gary discussed the role of leaders in setting clear expectations and holding team members accountable, which drives performance and alignment with organizational goals. He advocated for a blame-free culture that encourages innovation and continuous improvement. Furthermore, Gary underscored the necessity of emotional detachment in business decisions and the power of asking the right questions to engage and empower team members. By exploring coaching opportunities, business leaders can enhance their skills and drive their organizations to success.\nAbout Gary Cohen:\nGary is famous for asking; he wrote the book on it.\xa0He probes his clients with the only kind of questions that can produce change: unexpected ones.\xa0From the client\u2019s answers, this dedicated Minneapolis leadership coach offers not just insights but alternative courses of action.\n\n\u201cThere always are several good roads to Rome,\u201d he says.\xa0\u201cThe key is to identify the one that best fits both your head and heart.\u201d He focuses on the destination\u2013and not the possible curves in the road\u2013for a simple reason: most obstacles are artificial, and the rest are in our heads.\xa0\u201cClear your head,\u201d he believes, \u201cand the obstacles disappear.\u201d This may explain why Gary\u2019s clients call him \u201ceccentric in exactly the right way.\u201d\xa0Gary has yet to meet a client who wants to be ordinary, and he helps them enjoy unusual success by employing unusual approaches.\n\nCEO experience:\xa0Managing Partner and Co-founder of CO2 Partners, LLC (2004), an Executive Coaching and Leadership Development Firm. Founded ACI in 1989 with $4,000 and two employees, then grew 48 percent compounded annually for 12 years to over 2,200 employees and went public on the NASDAQ. ACI was one of Venture Magazine\u2019s\xa0Top 10 Best Performing Businesses and\xa0Business Journal\u2019s\xa025 Fastest Growing Small Public Companies, and Gary was an Entrepreneur of the Year finalist.\n\nBoard memberships:\xa0All Kinds of Minds, Harvard Alumni Club of Minnesota, IC Systems, Inc., Richfield Bank, ACI, Telecentrics,, Outward Bound National Advisory, HBS Alumni Club of Minnesota (Past President), Minnesota Zoo Foundation among others.\n\nAuthor:\xa0Just Ask Leadership: Why Great Managers Always Ask the Right Questions\xa0(McGraw Hill 2009); articles for Business Week, Leader to Leader, and\xa0Forbes.\n\nClients:\xa0Unilever, Intel, Genentech, MetLife, Thermo-Fisher, and 100-plus entrepreneur-led businesses.\n\n<strong...