CHICAGO, Nov. 12, 2013 (GLOBE NEWSWIRE) -- According to a recent study, only one-third of CEOs surveyed use coaching services to develop their leadership skills, and yet almost all said they would appreciate objective third-party advice. So, why the discrepancy? With the recent proliferation of executive coaches to choose from, one reason CEOs hesitate is uncertainty – the challenge of selecting a coach or advisor who will offer counsel that is relevant to their business and has an impact on the bottom line.
In the latest edition of its publication Executive Insight, RHR International outlines the skills and experiences – the core competencies –senior executives and HR professionals should look for when determining whether a management psychologist or consultant will add value to their organization's bottom line, as well as the leadership capability and career path of individual executives.
"Perspectives on executive coaches have changed dramatically over the last 20 years," says Dr. Jessica Bigazzi Foster, Global Practice Leader – Executive Development at RHR International. "The stigma of coaching as a last-ditch effort to save a derailing executive has given way to an acknowledgement of its role as an important element of the support system that increases the effectiveness of senior leaders."
The interest in demand for coaching has brought with it an expansion in supply – though of varying degrees of relevance and effectiveness. The question becomes, then, how do you select the right executive coach?
For help in identifying a coaching resource that will help you create practical, sustainable leadership changes with real business impact, download "Vetting Executive Coaches" from the RHR International website.
ABOUT RHR INTERNATIONAL
We are a firm of management psychologists and consultants who work closely with top management to accelerate individual, team and business performance. We focus on four key areas of client need — Individual Assessment, Executive Development, Senior Team Effectiveness and CEO Succession & Transition. We have been proven difference-makers for almost 70 years, unique in our combination of top management focus, psychologists' perspective and high-level business acumen.
RHR International has offices in Brazil, Canada, China, Hong Kong, Germany, Italy, Switzerland, United Kingdom and United States. The company is headquartered in Chicago, Ill. For more information, please visit www.rhrinternational.com or follow us on the RHR blog site, Twitter and Facebook.