REPORT on
EXECUTIVE COACHING MARKET
-HR News
Today, more than ever, leaders / executives from
corporations, government agencies, not-for-profits,
educational institutions or those who may have their own
businesses are dealing with multiple transformations in
their organizations. These include the recent health
crisis, the recession, rapid technological
advances and the myriad number of other disruptions affecting
today's workers performance.
SELF-AWARENESS and RELATIONSHIP BUILDING
As companies become more cognizant of their social and
ethical responsibilities, there is a need for executives
to make decisions that take account of ethical issues as
well as cultural differences in their day to day
dealings. This requires executives to be self-aware and
examine their own values, ethics and cultural
understandings.
Executives also have to
decide how much effort and time to allocate towards
building trusting, meaningful relationships before and
after sealing a business deal. This is a
major dilemma for today’s corporate executives.
Studies have shown that the best
rated executive's are
those that tackle uncertainty and the unexpected with
confidence and insight.
Hence,
he need for executive’s
to define the next stage of their career and discover:
Who they really are?
What truly drives them?
What sustains them?
What mental skill sets are required so they can have
an even bigger positive impact on the people around them?
Executive's Working with a Behavioral
Change Agent
Career change is the new
normal of the modern workforce, as job flexibility
triumphs over job security. The workplace has changed
significantly over the past decade.
Agile executives are
encouraged to change industries, sectors and skill sets.
It is now accepted that leaders will change their jobs
and retrain - whether it’s to join a board, move
sideways or start their own business.
To make sense of an
ever-changing world around them, executives need to
examine their surroundings in different and novel ways
and evaluate what point they are in their lives and
careers.
“Significant decisions”
need to be constantly taken to locate the right path
forward.
Bottom Line:
Executive coaches need to help organizations produce
self-aware leaders
who can navigate increasingly complex and unexpected
events
and succeed in the personal and professional challenges
facing them.
Waldo Emerson said it
best: 'What lies behind us and what lies before us are
tiny matters compared to what lies within us'.
Today’s executive needs to
learn how to locate and draw on their real strength, to
be on their best-game and work smart to provide their
organization the best chance to flourish together.
Executive’s also need to learn how to retain the faith
in themselves amidst adversities so that their passion
to overcome is greater than the turbulence facing them.
To achieve this executives
need to recheck who they really are as an individual and
where their emotional and mental strengths are. All this
is about trusting themselves in spite of all
difficulties. It’s about making the right choices that
benefit all while developing a greater sense of self
by marching towards fulfilling their potential.
|
