Executive coaching focuses on the individual, while business coaching focuses on strategy. Business coaching improves processes and provides solutions to current problems. Executive coaching helps decision makers improve processes and solve problems. Business coaching is best suited to small businesses.
By comparison, an executive coach can be hired independently to train top managers or management teams for a specific period or can work internally, for example, to train employees on a consistent basis. The goal of an executive coach is to focus on both leadership skills and personal development. This type of coach has gone through certified training that allows them to work with business owners. Not all executive coaches are as indifferent as those at Mansfield to underlying psychological disorders.
To achieve quick results, many popular executive coaches model their interventions based on those used by sports coaches, using techniques that outright reject any introspective process that may take time and cause “paralysis” through analysis. But realizing that he had charisma to spare, McNulty decided, while studying his business degree with a specialization in sports psychology, that he would pursue a career as an executive coach. To better help their executives, companies need to leverage the experience of psychotherapists and executive advisors with legitimate skills. At a minimum, all executives who are going to receive counseling should first undergo a psychological evaluation.
Finally, executive counselors who don't know the dynamics of psychotherapy often take advantage of the power they wield over their clients. Since many executive advisors belonged to the corporate type in previous lives, they connect with CEOs much more easily than most psychotherapists. An executive coach helps business leaders increase their self-awareness and provides them with the resources needed to improve relationships with employees in each department. For example, many coaches who work with executives who seem to lack confidence use this technique in an effort to get them to perform better.
Garvin was under pressure during this difficult time, so he skipped the usual steps and sought the services of an executive coach on his own. Although they are fundamentally different, business and executive coaching share some similarities. Executive coaching services are designed for high-ranking employees of a company who want to improve their leadership skills. Ultimately, an executive coach benefits the entire organization because a better leader produces results for the entire company, not just for themselves.
However, unless these executive advisors are trained in the dynamics of interpersonal relationships, they can often abuse their power unintentionally.