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Entrepreneurship

Executive Coaching [Video]

Executive coaching is a development process between a coach and a management-level client to help achieve goals related to professional development and/or business performance. In the past, business psychologists were typically hired as outside coaches to help managers become more effective leaders. Today, people from a wide variety of backgrounds become executive coaches, as well as career coaches and life coaches. Many executive coaches are former executives themselves.Executive coaches help managers become more effective leaders by helping them in a variety of ways, depending on the need of the manager and the skills of the coach. The coach works as an adviser about behavior but does not explicitly help the leader with functional details of the job, such as how to develop a new product strategy or design an organization. The leader/manager’s employer usually hires the executive coach. The purpose of engaging the coach could be to accelerate the development of a star player or assist an executive who is having soft-skill problems.A refinement of individual coaching is for the coach to work with both the individual and his or her work associates. The coach solicits feedback from the group members and involves them in helping the manager improve.