Executive coaching is a growing industry with just over $3 Billion dollars made in the previous year in the United States alone. Although it may vary from company to company the cost of a Coach may cost as much as up to $450 an hour for the services rendered with commitments of up to 6 to 12 months. Leading instructional rounds are the best solution for the counselling you may need.
Coaches themselves are hired or recommended as part and parcel of developmental programs for executive staff. Furthermore, their services could be acquired if there is a need or gap in the way communication or relationships, in general, are handled, which could affect productivity. Lastly, Executive Coaches could be and in some cases, specifically hired for the grooming of staff for larger roles within an organisation but with that said it does not mean they aren t hired to correct behavioural problems like they used to in the past.
In order to be an Executive Coach, one needs to hail from an experience-based position as this is something that cannot simply be taught at a tertiary institution. Most Coaches hail from a Human Resources, Executive or even Therapy based background. And although the field is not accredited, certification is often obtained from the international Coaching Association.
It is very important, however, not to confuse a coach with a consultant or a therapist as those occupations do completely different things compared to that of an Executive Coach.
Although Coaches do not consult, they are and do if approached to do so but that comes as a secondary service. All of the communication and work are done with him is confidential and may be one of the reasons companies tend to work with them.
Of course, it does not end there because there are many kinds of coaching available at the Executive Managers disposal to assist an organisation with any of the problems it may face. This may include developmental coaching, executive coaching as well as team coaching. It all boils down to the needs of the/a company and the objectives desired.
Because Coaches are key in rectifying wrongs in the communication chain between executives and their fellow employees, companies often seek out the help of an Executive Coach for newly promoted managers and executives so that they can be better integrated and suited to their new roles.
But it s of importance to illustrate that Executive Coaching is not therapy or consultancy even if a Coach may start there. It s Important to know the difference if searching for an Executive Coach.
Coaches themselves are hired or recommended as part and parcel of developmental programs for executive staff. Furthermore, their services could be acquired if there is a need or gap in the way communication or relationships, in general, are handled, which could affect productivity. Lastly, Executive Coaches could be and in some cases, specifically hired for the grooming of staff for larger roles within an organisation but with that said it does not mean they aren t hired to correct behavioural problems like they used to in the past.
In order to be an Executive Coach, one needs to hail from an experience-based position as this is something that cannot simply be taught at a tertiary institution. Most Coaches hail from a Human Resources, Executive or even Therapy based background. And although the field is not accredited, certification is often obtained from the international Coaching Association.
It is very important, however, not to confuse a coach with a consultant or a therapist as those occupations do completely different things compared to that of an Executive Coach.
Although Coaches do not consult, they are and do if approached to do so but that comes as a secondary service. All of the communication and work are done with him is confidential and may be one of the reasons companies tend to work with them.
Of course, it does not end there because there are many kinds of coaching available at the Executive Managers disposal to assist an organisation with any of the problems it may face. This may include developmental coaching, executive coaching as well as team coaching. It all boils down to the needs of the/a company and the objectives desired.
Because Coaches are key in rectifying wrongs in the communication chain between executives and their fellow employees, companies often seek out the help of an Executive Coach for newly promoted managers and executives so that they can be better integrated and suited to their new roles.
But it s of importance to illustrate that Executive Coaching is not therapy or consultancy even if a Coach may start there. It s Important to know the difference if searching for an Executive Coach.
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