Executive coaching necessary for success
Many top companies in the United States have armies of executive coaches in their payroll. In fact, IBM has 60. It is becoming for some companies a necessary and vital step for growing as an executive. Part of the reason for this growing trend originates from the fact that companies view solitary interpersonal experiences a much more effective way to provide the right kind of training than other methods.
The old view of executive coaching once had a stigma attached to it. It was once only used for those people with poor performance levels in the workplace, but now executive coaching is being used more and more as a supplement to aid those with great performance. Right Management Consultants did some research that supported this trend and found that about ninety percent of companies use executive coaching to improve capabilities and skills for those with future potential at companies.
But companies must know what kinds of managers will be best to spend the time, money, and effort on for executive business coaching, and what kinds of methods are best suited to them. People who have had executive coaching will often know who is best to recommend the service to. In addition, coachers themselves can usually help provide not just feedback but who the best candidates are for their services.
However, there is a growing trend of the companies not necessarily choosing who gets the coaching to improve but the executive themselves who volunteer for the surface. Ambitious and motivated people tend to sign up, but just because it is a growing trend does not mean it right for everyone. The best people for coaching often already have goals in their mind of where they want to move within the company, but just have a little trouble of knowing how to get there. Their interpersonal and oratory skills might need improving of networking among their coworkers as well. Just as some people are seemingly natural leaders, they do not need leadership training. The same also goes for executive coaching. Though not for everyone, it certainly helps a company to gain and keep the best executives possible.
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Executive coaching helps retain minority leaders, improves employee engagement, and drives hugely positive business results. Many universities and diversity organizations have published research analyzing the correlation between minority and gender diversity on corporate boards and financial performance.
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Leadership is about practice. Anyone can't be a good leader in just a few days. They have to be strong enough to handle their own attention first. They have to spend at least 50% of their time leading themselves. executive coaching can help you hone in on your most compelling attributes while you harness your ability to motivate and inspire.
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