How has Executive Coaching Grown through the Years?

Over the years with more funds being incorporate into the L&D department for training employees and coaching them. Executive Coaching has never been more of a workplace trend than now. If you have not witnessed this tremendous growth potential that executive coaching provides you with then you have not been coached well enough.

Those old percepts of coaching used to be reserved only for executive positions in trouble or for leaders who need immediate intervention before they go into the inward spiral.

In today’s world, harnessing the time to sharpen your skills is the way to sail through the fierce competition that is out there. There is where executive coaching helps you flourish by recognizing the strengths and maximizing their potential and skills through strategic training.

The field of executive coaching has grown tremendously over the years with more and more employees looking forward to being trained in the expert’s hands. In 2011, the International Coaching Federation estimated that there is significant growth from 47,500 to about 53,300 practicing executive coaches worldwide.

What are the Myths about Executive Coaching?

However, with great fame come a truckload of responsibility and sometimes this ‘popularity’ has rumors attached to it. Despite its impressive growth, there are existing misconceptions that still take space in a few of people’s minds.

Debunking Myths about Executive Coaching:

To ensure that you get your facts right, one has to take the responsibility of debunking these myths and separating facts from fiction.

Here are some of the myths that have been debunked for you:

Myth 1: Coaches must have a similar background that their clients have to give the best-suited advice that works for their career goals.

What if your coach is not from the field that you belong to? Are you going to judge their credentials and carry a misconception that they may not be able to give you the best advice that might work for your field? Well, you are not alone who has been misled with the same misjudgment.

Fact: Well, yes, there is no doubt there that those who are from a similar background would help coach you a particular way but here is the catch; coaching is not mentoring, the industry-specific experience is not a mandatory requirement. The coach does not have to be a subject matter expert to advise you about the technicalities of your field.

Sometimes when the paths of the coach and the clients are too similar they it can prove to be counterproductive. What is more important than matching the background is to ensure that your coach has relevant experience to understand the context of the client’s operations?

What is important is ensuring that a coach has enough relevant experience to understand the context in which the client is operating. A coach must be vigilant enough to respect the boundaries between acting as a coach and guiding as a mentor.

Executive coaches help their clients identify and recognize their own assets so that they can chart a full-fledged plan to help them move forward. They pave the path for them to apply their skills in the most fruitful way that yields the best results rather than telling them what their next move should be.

Myth 2: Sharing tips and advice is what being a coach is all about?

Well, whether you agree to or not, this thought might have come across your head once or twice. With everything out there on the internet, you may never know the kind of information that you read on the internet. You may also come across misleading word-of-mouth advertising from your friends telling you to seek coaching because they give ‘good advice.’

Fact: Professional coaches require an extensive in-depth skill set and knowledge base that is recognized from a formal degree of coaching certification from a credible institution. This can include graduating degrees from universities that have specializations in coaching training and experience approved by a credentialing body such as the International Coaching Federation. This ensures that these coaches are well-versed with multiple coaching methodologies and have a solid foundation in practicing the best methods by adhering to a strong code of ethics. The only good advice is not how executive and professional coaches are running their business.

Myth 3: Your Coach will tell you what to do next

Coaches generally do not lay out your professional executing plan for you to follow, they guide you to proceed based on their expertise and experience.

Fact: Coaches do not tell their clients what to do next or what they should executive next to be ahead of everyone, they help the client make the move for themselves by using strategies that help them identify the strengths that will work the best for them in a particular context. The idea is to enable them to close the gap between what they are capable of and how they are performing as compared to what they aspire to become.

These are some of the myths about executive coaching debunked for you! Executive coaching has come a long way but some of these myths still persist so you will have to make sure executive coaching has come a long way. While some of these myths persist, you must embrace the reality of what executive coaching has to offer and seize these opportunities for yourself.

Why get Coaching Certification?

With a paradigm shift in the working sector wherein industries have now begun to acknowledge the profound impact that Coaching as a profession has made in the lives of millions! The true value of a professional coach lies in the enhanced depth of commitment towards the success of its trainee. With the change it has made in the work environment by improving workplace morale, the importance of coaching certification has increased enormously.

To stay relevant in the industry, coaches must have their coaching credentials are accredited through the standards set by the coaching training program with the International Coaching Federation (ICF).

Why is a coaching certification important?

It was stated on a Center on Education and the Workforce of Georgetown University reported that in 2020, the requirement of postsecondary education and training will be increased to 65%.

All across the globe, there is growing awareness towards the skills gap it is very evident right after completion of the education by entering into the workforce. An educational degree without any relevant work experience is nothing but an untapped reservoir of knowledge and potential that does not know execution.

Classroom learning, and practical on-ground work skills are considered to be different halves of a circle with limited overlapping in terms of learning and exposure. This brings in the need as well as the importance of certification and credentials of a professional coach that can tap into these potentials and pave the way for individuals to become successful professionals.

In 2014, an ICF institute of renowned coaching development and learning had conducted a Consumer Awareness Study, the findings of which state that employees who have been trained under a certified or accredited coach are 15% more likely to recommend coaching services to others. Furthermore, it states that around 83% of individuals who have participated in a coaching program believe that it is highly important for a coach to possess a certification for the sake of establish its legitimacy.

Although, freelancers and independent skilled practitioners do not require coaching certification before offering coaching services but it is advisable nonetheless. The compelling reason by that research has proved that coaching certifications have added immense value and benefits for the coaching industry.

Reasons to get accredited coaching certification:

Coaching certification enables you to become a diverse and dynamic coach:

By undergoing rigorous training, extensive practicing, and working closely with a mentor coach who teaches you to become a dynamic coach not only shapes your personality but will also make you a more diverse, all-rounder, and capable leader that has acquired new techniques to effectively handle any situation.

These training programs ensure that the training that imparted is better equipped with proven tools, methodologies, and research that refines the art of coaching and enables you to master the skills.

Coaching certification establishes legitimacy of your expertise:

Making the mark through adequate distinctness is the right foot forward in any career field. Certification makes you stand out from the crowd is the legitimacy that defines your client base, the authenticity of the work you do, and the verification of your services. These certifications not only speak for the work, expertise or skills that you may possess but also builds your reputation by making you a trusted and well-known expert in the labor market.

With the impressive growth prospects that can be depicted, it is evident that as the profession continues to grow so will the demand to achieve expert coaching and legitimacy is the key to grow your reach and be recognized in the field. Obtaining an accredited training from companies and institutes that highlight your experience and qualifications will help you achieve the highest standards and impeccable credibility that the profession has to offer.

Coaching certification gets you closer to a larger community of prolific coaches that support you through your journey:

In a professional world, it is more important to establish connections, expand your reach, and be a part of a community to become a successful professional because networking will matter much more to your clients and reputation.

Every profession has its challenges and to overcome these roadblocks, only the professional community can restore your reputation through their constant support in your endeavors. A community of the same profession understands your struggles, issues and helps you in any situation.

Hence, it is of utmost importance to have the support of your professional community that can help you overcome hurdles and help you stay updated in your professional industry.

Coaching certification provided by BYLD:

At BYLD Group – an accredited association with Door Training and Consulting India Pvt. Ltd. (DTCI) provides the best of these three fundamental coaching services:

• Executive Coaching,
• Performance Coaching, and
• Coaching Certification

DTCI coaching academy is a popular and renowned academy that is accredited by International Coach Federation for 60 hours of rigorous coaching with its affiliation with Aster Coaching. These trainings modules are further divided into two modules imparting expert coach training for professionals.

We all experience highs and lows in our professional lives and seek proper coaching to guide us in the right direction. With the support of adequate coaching, it would be easy for disgruntled employees to stay connected and perform at their optimum level. Organizations are employing professional coaches that can guide employees in their careers and resolve their workplace doubts to eradicate resentment. By engaging in crucial coaching conversations, managers or leaders can inspire, engage and encourage employees to deliver their best in a corporate environment. Let us discuss how coaching can make a positive impact professionally.    

Advantages of Coaching at the Workplace

The hallmark of any effective coaching program is that it is personalized and customized to suit the needs of a company’s workforce. These coaching programs are further divided into in-groups and individual training to fulfill specific business objectives and meet the demands of the company’s workforce requirements.   

Coaching in the workplace seeks to assist individuals in excelling in their careers, improving their communications and work ethic, and developing the character of a capable leader.        

There are several benefits of coaching in the workplace. It improves employee engagement, retention of key talent, and performance in an organization. Further, coaching can promote employee loyalty and optimize productivity for higher organizational goals.  

1. A coaching program helps in the holistic development of an employee so that they can adapt to a challenging environment and modify their behavior as per the demands of the workplace.
2. By addressing the issues of their adjustment and communication, coaching aims to empower the employee to overcome specific obstacles. Through the guidance and mentorship of these coaching programs, many companies reap myriad benefits from their coaching experts.
3. Coaching in the workplace is a training method wherein experts mentor employees through their ingenious advice and guidance. Through a targeted approach, these coaches intend to develop an employee’s skills, work performance, and ethics to ensure success in their respective careers.
4. Coaching in the corporate sector is much more distinctive than mentoring and HR counseling. A Coaching Program is deemed highly necessary as it is considered a progressive discipline system that restores and revives the work ethos.
5. Coaching in the workplace may encompass managerial development majorly. However, executive coaching and training are much broader in terms of their applicability than being limited to managerial training.
6. To ensure that your workplace obtains the target developmental goals for its employees, your organization needs to approach coaching and mentoring like any other strategic goal. The successful execution of any coaching program requires commitment from the organization to upskill the workforce.
7. Coaching programs develop a module and intervention plans based on the demands of the organization. These action plans are tailored for the employee availing the coaching services to achieve the benefits of coaching in an organization. These programs develop a strategic plan to obtain desirable results, gather qualified coaches, and conduct a follow-up evaluation. 

With the progressive strides that the world has made, it is now a commonly observed pattern for diversification in the coaching field. Most of the larger companies and organizations employ their coaching as their regular staff to make the process of training and mentoring continuously accessible and available to their employees. For those who work remotely, virtual coaching sessions help them in developing their personality and professional work ethic.     

BYLD Group is a leading provider of leadership management solutions in South Asia. We help individuals, teams, and organizations develop the skills and knowledge they need to be successful leaders. Our programs are designed to be experiential and engaging, and we use a variety of methods to help our clients learn, including coaching, workshops, and simulations.

We believe that leadership is not about position or authority, but about the ability to influence and inspire others. Our programs help leaders develop their emotional intelligence, strategic thinking, and communication skills. We also help them build relationships and create a culture of trust and collaboration.

If you are looking to develop your leadership skills, BYLD Group can help. Contact us today to learn more about our programs.

The BYLD Group is renowned for its exceptional leadership management skills. With a strong focus on team building and innovation, they empower organizations to achieve their goals through effective leadership strategies, fostering growth and success.