People are accustomed to thinking of coaches in terms of athletics or the arts, such as a singing coach, a sports coach or even a dialog coach. Coaches teach skills, and they help people perfect them- and you’ll find many coaching niches today. In the business world, coaching is no longer the rare exception, and it is increasingly expected for critical leadership roles, such as top executives like VPs and CEOs.
Simultaneously, it is also beneficial for emerging leaders and mid- to senior management roles. In fact, executive coaching is now a multi-billion-dollar industry and growing. A recent study by the International Coaching Federation (ICF) found that between 2015 and 2019, the total estimated global revenue from coaching increased by 21% to US$2.849 billion.
