Executive coaching training programs are often arranged by organisations to enable employees to excel to the next level. Besides hiring executives coaches from specialised organizations, there are in-house coaches as well who are trained in executive coaching.
The professional organisations offer external coaches. They are responsible for the three aspects comprising of mentoring, counselling and consulting.
They take care of the psychological as well as the job factors and design coaching interventions accordingly. External coaches usually have their own way of reaching their target that might be a little different from the in-house coaches.
In-houses coaches are preferable at times owing to a number of reasons. First of all, they get an opportunity to observe their clients in their day to day activities. This further helps the industrial psychologists in giving their statements for the executive coaching program when they have been subjected to for the same.
Furthermore, in- house coaches get the opportunity to opt for flexible timings. This helps the executive in coping with their day to day work pressure along with the pressure of this additional education. This system helps in balancing the pressure of their work life on the whole.
Besides, this system is cost effective. It is economically highly beneficial. The executive coaches are the recruits of the business firm itself in which the executives are working.
However, there are advantages and disadvantages of every system. Similarly, this system also has a number of disadvantages.
The disadvantages of this system is that it seems to be slightly laid back as the coach tries to balance the schedule of the executive coaching program with the work pressure of his client. This further increases the timing for the completion of the entire program. Hence, time management is not really being stressed on in most of the cases. Of course, there are exceptions; however this is the most probable case.
Another major disadvantage of internal coaching is that social networking is hampered. Executives do not get an opportunity to know other executives and gain a broader perspective from the experience of an external coach. This is always a good way of knowing what is going on in other companies.
These disadvantages are curbed down in cases where the executives are sent to professional institutions. In this case, network gains a good priority. However, this is a costlier process for the business firm, but there are a lot of benefits to this process. Besides, time management gets a priority as well.
Types of coaching
- One to one coaching: This is beneficial than the other process. This coaching is aimed at individual coaching which is of course a priority in this competitive world. In this case, the individual problems and best skills are identified and they are sharpened accordingly. The psychology of an individual is judged at all stages of the program and the executives gain a better grooming.
- Group coaching: Although, this is a rarely used, group coaching can be used to address aspect of teamwork. Group coaching can help in building cohesive teams. Another area where group coaching is used when the challenges and goals of coachees are similar. Coachees can learn from each others’ experience and understand common problems. The challenge with group coaching is that people might not open up in a group and that’s why we see one-to-one coaching is being more popular.