mentor coaching Tag

19 Jul Are Executive Coaches Worth the Investment?

According to Fast Company Magazine, more than 40 percent of CEOs polled in a recent survey have worked with an executive coach. Among senior executives who report directly to CEOs the number was nearly twice that many. Ninety percent of all executives surveyed for the report who have used a coach also said they plan to continue doing so, and a large majority of companies surveyed are increasing their hiring of executive coaches.

Proactive Leadership Development

The higher numbers among aspiring CEOs taking advantage of coaching and mentoring may reflect the fact that those in line for the C-suite on succession planning lists recognize the need for accelerated leadership development. Expert one-on-one coaching can give them the skills and executive presence needed to successfully compete for coveted positions.

Coaching can also serve as a proactive preparation or training platform for top level positions. Why suffer the career stress and risk of attempting to learn what you need to know while already on the job? A competent executive mentor can have you fully equipped and confident to accept greater responsibility even before you apply for your promotion.

Getting the Most from an Executive Coach

But not all coaches are