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November 19, 2021 | Report
The Global Executive Coaching Survey 2021 highlights executive coaching practices within organizations and examines the external and internal coaching practices of profit, nonprofit, and government organizations. Building on more than a decade of coaching research, this current study focuses on how trends are shifting and evolving in turbulent business environments.
Leaders are now facing sweeping changes. A global pandemic, rising remote work, civil and racial unrest, economic turmoil, social change, and chaos in educational institutions—all pose challenges in the workplace. Top of mind for CEOs—and leadership in general—is the ability to recruit and retain top talent amidst the ongoing impact of COVID-19.[1]
CEOs need leaders in the organization who can lead in a hybrid, digitally enabled, socially influenced workplace. Leadership behavior must be redefined and transformed, and leaders require support and guidance to meet future business demands. The use of executive coaching has been growing over the past decade as organizations recognize that leaders require development opportunities to learn and demonstrate different behaviors and mindsets.
While many organizations reduced investment on external coaching initiatives during the pandemic, the need to support and develop leaders in a postpandemic business environment argues for a reexamination of resources committed to executive coaching. Cost reduction may have been necessary for many organizations struggling to reach financial goals, but cutting coaching from the budget may prove to be shortsighted. Organizations have a greater need now for lea
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