In essence, executive coaching provides talented individuals with a unique opportunity to develop their confidence, skills and focus on themselves and their role within the company. It is done on a regular one to one basis in an environment that is supportive but also questioning and challenging.
The objective is to enable the person being coached to maximize their full potential for the benefit of both the individual and the company.
Does it add bottom-line value?
Absolutely. A Harvard Business School review showed that the leadership style and competence of middle managers affects the bottom line of a business by approximately thirty per cent. Expensive not to use it!