John Gale has extensive experience providing Executive Coaching to entrepreneurs; both in-person and via Skype.
Potential Components of this Service
The activities and goals vary depending on the client situation and needs; but have included:
- “Help facilitate professional and personal development to the point of individual growth, improved performance and contentment” (although this sounds pretty dull in comparison to most startups; this is part of Wikipedia’s description of Executive Coaching)
- “Helping clients overcome their struggle to attain specific goals” (this is part of Wikipedia’s description of Financial Coaching)
- “Deals specifically with the unique set of challenges created from crossing cultures following an international or domestic relocation” (this is part of Wikipedia’s description of Expat and Global Executive Coaching)
- “Difficulties attaining professional goals amidst a changing political and social structure, and other social and personal hurdles unique to each individual” (this is part of Wikipedia’s description of Expat and Global Executive Coaching)
- “Helping people identify and achieve personal goals” (this is part of Wikipedia’s description of Life Coaching)
- “Positive support, feedback and advice to an individual … to improve their personal effectiveness in the business setting” (this is part of Wikipedia’s description of Business Coaching, Wikipedia considers Executive Coaching to be a part of Business Coaching)
- “A form of counseling that employs constructivistic conversation, aimed at human problem resolution” (this is part of Wikipedia’s description of Systemic Coaching)
- “A personal developmental relationship in which a more experienced or more knowledgeable person helps to guide a less experienced or less knowledgeable person” (this is part of Wikipedia’s description of Mentorship)
- Helping a startup decide to go out of business and how to do it
Wikipedia information from en.wikipedia.org/wiki/Coaching#Business_coaching and en.wikipedia.org/wiki/Mentorship was accessed on December 12, 2014.
Context in Established Companies
The concept of coaching businesspeople is well established in established companies.
In November 2004 the Harvard Business Review stated “Annual spending on business coaching in the United States is estimated at $1 billion.” Then Business Coaching states that in 2007, MarketData Report stated that a “recent study estimates that 40,000 people in the U.S. work as business or life coaches, and the $2.4 billion business coaching market is growing at about 18% per year.” Source: http://www.businesscoaching.com/business-coaching-statistics/ accessed on December 11, 2014.
Business Coaching also provides these statistics at www.businesscoaching.com/business-coaching-statistics/ as accessed on December 11, 2014:
- “Use of business coaching is widespread in UK organisations, with almost nine in ten respondents reporting that they now use coaching in their organization (88%).” – University of Bristol Newsletter, 2005
- “The Australian Institute of Management says 70% of its member companies hire coaches for business coaching.” – Inside Business Channel 2, July 2006