Wallace Associates: Executive Coaching

May 23, 2016  |  By  | 

Category: Business

In today's fast-paced and ever-changing world, organizations must strive harder than ever to maintain a competitive advantage. They need leaders at all levels who can navigate change confidently, develop and execute strategy, build effective teams, and optimize their key strengths. Progressive organizations are providing their leaders with coaching to help them lead and succeed. An executive coach is an individual who operates within a formally defined coaching agreement to assist an individual within an organization, or an organization, achieve increased performance by utilizing appropriate executive coaching methods. They can be thought of as a "thought partner, a trusted advisor". Executive coaching may assist key executives and managers to identify and optimize the use of key strengths, develop effective communication, assure organizational alignment, address performance issues, and build the competencies of emotional intelligence. Effective coaching is not in isolation, but within the organization, with cooperation from the person being coached, the manager, peers, and direct reports.