Developing leaders has become the most critical success factor for growth of most corporations based in USA as well as in Irvine, CA. For the same reason, organizations are opting for executive coaching services more than ever before in order to train and develop the leaders for the future.
In recent studies conducted around the globe more than 50 percent of CEO's and business leaders confirmed that they have worked with an executive coach. More than 60 percent of the corporations plan to take up the services in the next five years, while more than 90 percent of those who have used the services, plan to do so again. The reason behind the same is also a simple one and can be understood from another recent study. 370 executives opted for the training and the group recorded a 43-percentile jump in the performance. Recent research has also confirmed that those who take the training get better salaries as compared to those who do not.
All this simply means that executive coaching is a great alternative to convert the managers of the modern times to leaders of future. They would be able to tackle the challenges thrown by ever changing environment and help in overall growth of the company.
An important point to understand here is that the skill set required to become a leader is not taught in any university and on job training is the only mean to groom the future leaders. However, employees are switching jobs more frequently in the recent times than ever before and that makes the grooming process more difficult. In addition, the need for leaders is increasingly felt simply because that baby boomers age of retirement is around the corner. Executive coaching has emerged as the only alternative in the scenario and companies around the globe and in Irvine are opting for the same to raise the leaders of future.
The point to understand here is that executive coaching or an executive coach would never provide any solution to you. Instead, he would help in getting to a solution while improving you as a person, leader and decision maker among others. Executive coaching can help a leader in a number of different ways including
- Improving leadership skills
- Managing stress in a better way
- Better time management
- Better work-life balance
- Improving productivity
- Enhancing conflict management abilities
- Developing a strategy, direction or vision
- Establishing a new business
- Building on a current business
Points to Look for in an Executive Coach
The companies looking to hire an executive coach must consider the below points in detail.
- Check and ensure that he is well trained and has certificate from an accredited school
- Ensure that he has enough experience in both organizational behavior and business operations
- Must be able to maintain confidentiality
- Discuss the details with at least one previous client
For information about author visit: http://www.ceou.org