Sunday, August 01, 2010
Executive Coaching at Bodilly CPAs and Consultants.

Executive Coaching

What is Executive Coaching? Executive Coaching is a facilitative one-to-one, mutually designed relationship between a professional coach and a key contributor who has a powerful position in the organization. This relationship occurs in areas of business, government, not-for-profit, and educational organizations where there are multiple stakeholders and organizational sponsorship for the coach or coaching group. The coaching is contracted for the benefit of a client who is accountable for highly complex decisions with wide scope of impact on the organization and industry as a whole. The focus of the coaching is usually focused on organizational performance or development, but may also have a personal component as well. The results produced from this relationship are observable and measurable, commensurate with the requirements the organization has for the performance of the person being coached.
 
-International Coach Federation
Summary Findings from the International Executive Coaching Summit
 
In a survey of 100 executives, the percentage who felt that coaching:

  • Increased productivity — 53%
  • Increased quality — 48%
  • Improved working relationships
    with direct reports — 77%
    with immediate supervisors — 71%
    with peers — 63%
  • Increased job satisfaction — 61%

 — HRMagazine, March1, 2001
 — Center for Executive Options
“Executive Coaching: Achieving Performance, Retention, and Succession Goals”

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Why Coaching

According to a survey conducted by the International coach Federation, there are four primary reasons for executive coaching: advice, inspiration, friendship, and a guardian angel.


Business Leader magazine cites personal motivation and development as the number one reason why executives hire coaches.


“An executive coach is like having a personal fitness trainer working for your career advancement and improvement.”
 
— Laura Barman Fortgang,
President of LBF InterCoach Inc. and author of Take Yourself to the Top: The Secrets of America’s #1 Career Coach

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