An executive coach is someone who will push you, hold you accountable, and make you strive for success, helping move your professional career forward. However, the world of executive coaching may begin to take on a new shape. With the rise of automation and a stronger focus on mental health or the psychological aspect of one’s career. As the world around us continues to evolve, as does the executive coaching industry.
1. The Automated Coach
These days, technology is everything. In the future, coaches may differentiate themselves by making their services available through various platforms and being able to meet almost anywhere and anytime online. We may start to see coaches engaging clients through micro-learning sessions, gamification, and may offer additional value by providing clients with access to content outside their counsel.
2. Industry Specialization and Coaching Methodology
Executive coaches may start to specialize, focusing on one industry to gain experience in. Leaders are currently facing increasing pressure to deliver quick results and create exciting long-term futures. Specialization of coaches will provide leaders with specific help to think deeply through the range of complex issues they face within their industry.
3. Increasing Regulation
At the moment, the coaching industry is non-regulated, meaning anyone can call themselves a coach. Increasing regulation and training will likely begin to define the diverse range of coaching. Required standardized training will likely become the norm.
4. Coaching Will Overtake Consulting
It’s likely that coaching will begin to overtake consulting in popularity due to aging demographics of Baby Boomers which will require a transfer of professional, institutional and industry-specific wisdom. Coaching emphasizes the transfer of wisdom, while consulting can fill gaps in knowledge.
5. Demonstrating Measurable Results
Successful executive coaches will set themselves apart in the next few years by being able to demonstrate measurable results. In our data-driven world, savvy clients will be looking for executive coaches who can demonstrate exactly how they have helped past clients achieve new successes.
6. Widespread Acceptance by Executives
Industries like executive coaching have long acceptance periods. Within the next 10 years, executive coaching will go from being only used by those with challenges, to a necessary focus among all executives wishing to propel their career and their impact.
7. Experience Coaching and Individualization
One of the best ways to learn something is through experience. Executive coaching may move from explanations and hypotheticals to actual experiences. This will make the learning experience more memorable and fun. Individualization will be at the forefront of the training, based on what the executive needs in order to experience breakthrough thinking and achieve new patterns of action.
8. Positive Psychology
Positive psychology is the study of what makes people flourish and thrive. Executive coaches will be drawing on positive psychology to help clients create a more productive, more positive, and more profitable workplace.
9. Increased Focus on Interpersonal Skills
While the future of work will undoubtedly focus on artificial intelligence, machine learning, and robotics, some believe the work still done by humans will require heightened emotional intelligence and strong interpersonal skills. Organizations will likely be placing a premium on these skills, causing executive coaching to be in higher demand and to focus on interpersonal skills even more so than today.
The Angel Advisors offers an exclusive twelve month executive coaching program in Atlanta, GA. It is aimed to C-Level executives, seniors leaders and young leaders as they prepare to assume greater responsibilities and expand their leadership capabilities.
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