Executive coaching is a specialized form of consulting that aims to help employees who are in senior management develop needed skills, such as the art of influence, and the ability to delegate and groom successors. Executive coaching is so specialized that only a handful of positions are available, most of which go to people with executive or academic backgrounds. It is so specialized that salary information is not available, but given the background of executive coaches, it is safe to assume they are well-compensated.
An executive coach is a consultant who helps executives develop their leadership skills. The reason they exist is because executives are often promoted from positions where they performed well but did not necessarily use or develop the high-level leadership skills that being an executive requires. Executive coaches work one-on-one with executives to develop their skills and enhance their careers.
An executive coach can expect to be out of the office a lot, and when in the office involved in a lot of meetings. Executive coaches work one-on-one with executives; their job is to interact with and talk to executives. When they are not interacting with the client, they will be coordinating new meetings and, if they work for themselves, looking for new clients.
Executive coaches often work in consulting firms or on their own as freelancers. These coaches can find themselves traveling around country and world to work with new clients.
Some companies, such as IBM, employ several full-time coaches. These coaches work exclusively with executives from their company. They do not travel as often, and they do not have to go through the effort of drumming up business that freelancers do.
Several institutions can teach people how to be executive coaches. However, when firms hire an executive coach, they are looking for someone with a track record of results. This means that whether an executive coach comes from an academic background, a consulting background, or a previous career as an executive, he needs to not just have the skills involved in being a good coach but also demonstrate the ability to communicate them.
Executive coaching is a specialized job, so it's best to focus on another career, such as being an executive or an academic with a strong track record of leadership research, and then consider moving into executive coaching at a later stage. Executive coaching is not an entry-level job.
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