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The world of executive coaching has changed significantly over the last few years. As the industry of executive coaching has matured, it has seen a broadened use in the mainstream business world as an important vehicle for strategic leadership development.
Paul Michelman in the Harvard Business Review notes that, “One-on-one interaction with an objective third party can provide a focus that other forms of organizational support simply cannot.” (Harvard Business Review, June 13, 2005)
Research studies and publications abound regarding the importance of effective leadership on the success of an enterprise. As more and more companies embrace executive coaching, they find that the effectiveness level of the coached executive increases substantially.
“Coaching is not just something that affects a single career but can have dramatic effects on the success of the entire company.”
~Monica McGrath of the Wharton School of Business
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In simple terms, coaching is about enhancing
performance and satisfaction—and not just for the leader.
Effective coaching results in a powerful alignment between
the leader’s actions and influence on the actions of
others, and the company’s business objectives. A company’s
decision to invest in leadership coaching recognizes this alignment
as critical to its success.
At its best, leadership coaching creates a workplace in which leaders are inspired, and know how to leverage their talents in ways that bring others into their vision.
An effective coach works in partnership with the leader to discover and implement unique solutions, accelerate learning, and build critical capabilities—always in the context of achieving business objectives more efficiently, effectively and with positive impact. |
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