Executive Business Coaching

What is Business Coaching?

 Timothy Gallway, Harvard Educationalist and Tennis coach defined the essence of coaching:

“Coaching is unlocking a person’s potential to maximize their own performance.  It is helping them learn rather than teaching them.”

Why would you need a business coach?

Executive coaching is generally used today as a business tool to help develop their high potential talent.  That was not the case 12 years ago.  At that time, coaches were brought into the company to fix issues derailing careers.

According to a survey published in January 2009 by Harvard Business Review, The two top reasons for hiring a coach indicated that the thinking has dramatically changed in 12 years.

  1. Forty-eight percent of those surveyed indicated that they were hired to develop high potentials or facilitate transition.
  2. Twenty-six percent of those surveyed said they were hired to be a sounding board.
  3. However only 12% indicated that they were hired to address derailing behavior.

Despite the fact that coaches are generally hired to work with the business issues, the coaching may migrate over into the executive’s personal life.   Not only do we see coaching involving a person’s whole life, other coaches see it as well.  The same survey noted above found that 76% of coaches helped executives with personal issues in addition to the business issues.

Get Started

How would you go about choosing a coach?

The Harvard Business Review Published the results of a survey of a number of coaches in January 2009.  The article “What Coaches Can do for You” by Diane Coutu and Carol Kauffman, indicated that the following items were the most important things to consider in choosing a coach:

  1. Experience coaching in similar setting
  2. Clear methodology
  3. Quality of client list
  4. Ability to measure ROI
  5. Certification in a proven coaching method
  6. Experience working in a similar role as the client

However, the article makes the point that despite executive coaching growth as a tool for developing talent in businesses, coaching is still evolving.   There is no one standard.  Therefore it is important to interview several coaches to determine the one that will be the best fit for you.  At the end of the day, the best indicator of the best coach is whether your company and/or client are satisfied with the result.