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Is Executive Coaching Losing Its Luster?
Almost a third of HR leaders surveyed say they’re relying less on coaching. The apparent slowdown is due in part to increased pressure from senior managers to contain costs.
By Garry Kranz
Trend watch: Nearly one-third of organizations polled say they rely less on
executive coaching than in past years, according to a survey of 2,000 human
resources executives by Boston-based Novations Group. About 48 percent say they
use coaching at about the same rate as in the past, while 33 percent say the
opposite. Another 19 percent say their reliance on coaches has increased. In
analyzing the findings, Novations concludes that the apparent slowdown is due in
part to increased pressure from senior managers to contain costs, but warns that
this could jeopardize the chances of future managers making a successful
transition to the upper echelons.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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Index: Quick Takes — July 25, 2007
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