“People are getting more attention. Training budgets are rising. It’ s been a long time since we’ ve seen such aggressive spending plans.
What will be done with this flood of funds? It’s not going back to the same old places. Behind the scenes, there’s a revolution going on. Business as usual is not enough. People want more from their jobs, and they are going to get it.
Case in point: a Fortune 500 firm. The top fifteen executives are asked what they really want. They don’t want more money. They are not concerned about work-life balance. What they want is more personal development.
Case in point: Fortune 100. Highly paid technicians and engineers are ‘topped out’, without any real career path. Training executives bring in workshops on self-discovery and communication. Self- awareness is good for the soul, and it’s good for business, too.
Case in point: Fortune top 20. A new President comes to HR and says: “I’ve been here two weeks, and I already know we have a problem. All these people, and no new training for five years. Tell me what you want. I will find the money.”
Power to the people.”
Managers, executives, business and organizational leaders will find the first half of the report of particular interest, all the way through the topics of coaching skills for managers and team coaching.
Those in the business of executive coaching or coach training will see that the second half of this report gives them what they need to know about their industry, from the inside out. Here’s what’s covered:
Table of Contents
Executive Summary …………………………………………………………………………………………………………………….. 3 What is Executive Coaching? ………………………………………………………………………………………………………. 5 The Value of Coaching ………………………………………………………………………………………………………………. 6 What Makes a Good Executive Coach?………………………………………………………………………………………….. 7 How Is Coaching Used?……………………………………………………………………………………………………………….. 8 Impact on Business ……………………………………………………………………………………………………………………… 9 Internal and External Coaching……………………………………………………………………………………………………. 10 Who Gets A Coach?…………………………………………………………………………………………………………………… 11 Demand for Coaching ………………………………………………………………………………………………………………… 12 Delivery Methods for Coaching…………………………………………………………………………………………………… 13 Rising Support for Standards of Practice……………………………………………………………………………………….14 The Next Wave: Coaching Skills and Team Coaching…………………………………………………………………….15 Executive Coaching Outside the USA ………………………………………………………………………………………….. 16 How Do Coaches Spend Their Time?…………………………………………………………………………………………… 17 Earnings …………………………………………………………………………………………………………………………………… 17 Coach Training and Certification…………………………………………………………………………………………………. 18 Sources of Training for Coaches………………………………………………………………………………………………….. 19 Accreditation for Training ………………………………………………………………………………………………………….. 20 Assessments in Coaching……………………………………………………………………………………………………………. 21 Cutting Through the Confusion …………………………………………………………………………………………………… 22 Profession & Regulation …………………………………………………………………………………………………………….. 23 What is the Sherpa Survey? ………………………………………………………………………………………………………… 24 Survey Methodology…………………………………………………………………………………………………………………..25 Who Responds To The Survey?…………………………………………………………………………………………………… 26 Survey Sponsors………………………………………………………………………………………………………………………… 27 Index ……………………………………………………………………………………………………………………………………….. 29
