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Get Your Career Path On The Upward Path
Studies show that people are likely to make up to five career changes in a lifetime and around 12 to 15 job changes..So while we can wave goodbye to long service awards, we can say hello to a more diverse and interesting working experience.
But with this increasingly nomadic style of work, people are having to cope with the challenge of coping with numerous different company cultures and expectations. It’s a fast-paced world out there and while the thrill of an ever-changing work environment is stimulating and exciting, it’s also a little daunting. To survive, you’ve got to be nimble, adaptable and flexible. You’ve got to do your best. And regardless of whether you’re the senior executive in the company or the lowliest employee, being your best sometimes takes a little outside help
This need for external help is driving the massive growth of the worldwide coaching industry. In the US, the coaching industry is said to be one of the fastest-growing industries with 40% annual growth – and 40% of Fortune 500 companies turning to executive coaches for help.
The average tenure of a CEO is estimated to be three years, and many of them work with career or executive coaches to help them reach their potential and fulfill their goals during that time. Coaching can inspire and encourage people to be their best, and it is this promise of self-actualisation that’s driving the industry growth.
As people make more and more frequent job and career changes, they’re faced with growing challenges. When a person changes jobs or careers, they’re expected to deliver on promises, meet expectations, learn new skills, adapt to a new organizational culture etc. This will often mean having to learn a whole new industry, or a new technology and new products, new systems, new procedures etc. Yes, it’s exciting, but it can also be a bit scary. And that’s why so many people are turning to executive coaching to help them find the momentum to go forward in a positive way.
And it’s not a myth that coaching does help. Studies show that coaching delivers a seven times ROI, with one large US employer in the hospitality industry saving a massive 60 million dollars through an executive coaching programme for its top 200 employees. And it’s not only the companies investing in coaching that benefit – one company reported that they saved their clients hundreds of thousands of dollars through improved efficiencies. Coaching can create a win-win situation for the individuals, the organisation and its stakeholders.
A leading mind and body coach in Perth, Jennifer Atkins says that executive coaching helps people find a work/life balance. ”People also learn how to use their power of influence, how to delegate, improve their time management skills and reduce their stress levels”.
Atkins says coaching is about empowering people to take action and transform ideas into capabilities and reality. Contrary to popular opinion, coaching isn’t counseling, mentoring, training, or consulting. Coaching is about facilitating the changing of perspectives and developing action plans. If people know how their mind works, they’re more likely to improve their performance,” she said.
Coaching is defined as an interactive process that helps individuals and organizations to develop more rapidly and produce more satisfying results, according to the International Coaching Federation. As a result, clients are able to take more action, set better goals and make better decisions.
”So if you’re a nomadic employee with lots of interesting and challenging times ahead, working with an executive coach will certainly help you get ahead,” she said. It’s obviously important to choose your executive coach carefully as it’s a really personal relationship. Always check their credentials, look at testimonials and choose someone who is prepared to let you have a session before making a decision. A true professional Perth corporate coach will encourage clients to have a free trial before making a commitment because they know how important the relationship is,” she added. ”Because at the end of the day, you need someone who brings out the best in you.”
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