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How Different Is Executive Coaching From Business Coaching And How Can It Help You

Oct 11, 2007
Coaching can make a world of difference in today's fast paced and competitive business market. No matter what the size or type of your business, you can certainly be assured of reaping numerous advantages by hiring the professional services of a competent and well-experienced business coach. Business coaching includes and focuses on professional coaching, executive coaching, life coaching, and personal coaching and so on. Various essential disciplines of business like leadership training, creating financial awareness, management training, management of time and projects and team building skills are all covered under business coaching.

Executive coaching concentrates on improving the performance of business executives on a personal basis rather than conducting coaching sessions in groups or teams. The emphasis is laid on providing personal executive coaching in the corporate environment using the one-to-one method. With the technological advancements and the ever rising pressures of the fluctuating business market, executive coaching is a valuable and indispensable tool of the modern business culture that enables business executives to achieve business goals by helping them to tap their latent skills and potential. While executive coaching concentrates more on instilling leadership qualities and decision making skills in you, business coaching on the other hand, focuses more on striking the right balance and realizing fulfillment of personal as well as professional goals.

Although, there are several similarities between both the aspects of coaching, at the same time, there are quite a few differences also between personal coaching and executive coaching. Whilst, both of them are business oriented and steer towards accomplishment of the business objectives like meeting sales targets, the main differentiating factor between them is the individualistic approach that executive coaching adopts. Executive coaching allows you to tackle your weaknesses with your coach on a one-to-one basis, so that he can provide you with viable solutions. This would otherwise not be possible in corporate groups since not everyone feels comfortable discussing such problems before their junior associates and colleagues. Hence, executive coaching facilitates confidentiality and privacy in a one-to-one business environment that sets it apart from business coaching.

Business coaching can prove to be beneficial and valuable. Beginning with leadership training, business coaching enhances your natural leadership, which aids you in effective management. Efficient management of financial resources is a very essential criterion of any successful business. Business coaching works in your favor by helping you to understand the basic fundamentals of finance and effective application of the financial tools, which makes for improved performance, productivity and thus, profitability. Business coaching focuses on management training that helps you with management of human resources in the best manner possible. This allows you to make optimum utilization of their potential and thereby achieve better results from your workforce. Like wise, time management and team building also complement your business.

Since, executive coaching has so many advantages to offer, it is popular with multinationals and small firms alike. It is very flexible and time saving, since it can be done over the phone. Moreover, your coach is your mentor who understands your goals and visions and shares your desire for professional success. Hence, you can be assured of guaranteed success in your business.
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Business Coaching leader with over 25 years experience offers Business Coach Training. Visit our website for our free monthly newsletter. http://www.businesscoach.com.
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