For years, senior corporate leaders have relied on executives Overcoming personal challengesSharpening Leadership strategiesImproving both individual and organizational performance. But with training usually ranges $ 200 to $ 3000 every hourThe main question remains: Are CEOs really worth investing?
According to leaders and experienced trainers, the answer is yes – but only when approaching clear goals, personal accountability and guidance from a trusted professional.
At its best, training gives more than one advice. It provides an external organizational perspective that helps leaders deepen their self -awareness, refine decisions, and develop more effective communication.
David Beck, the global pioneer for the exercise of executive training of Heidrick & Strows, says. “At its best, executive training allows a leader to locate-and most importantly, how do they need to sharpen, adjust, adjust their mindsets and behavior in ways that can make big changes.”
Coaches can be of special value for those on the road to C-SUITE. Leadership experts say it enhances transitional readiness, builds emotional intelligence, and expands a person’s strategic vision. “You need someone to give you this new way to see and do things,” says Liz Bentley, founder of Liz Bentley Associated, an executive leadership.
Many credit executives training as pivotal for their professional rise. former Google CEO Eric Schmidt Once called A coach, who met him weekly for 15 years, is the best professional decision he made ever. Amazon Founder of Jeff Bezos and Microsoft Founder Bill Gates has Similar The value of the external lawyer when moving in the moments of high -risk driving.
While the return on training is often qualitative and individual, research indicates that the returns can be important. In the 2019 poll by the FMI Administrative Consulting Company, 87 % of the respondents They said they saw a great return on investment from executive training.
The training services market has expanded rapidly in recent years. Between 2019 and 2022, the number of driving coaches 54 % grownThe annual industry revenues amounted to about $ 4.56 billion, according to a global training study of the International Federation of the International Federation. But this growth also created a crowded and inconsistent scene. Regardless of ICF certificate, there is no global licensing body or a group of accreditation papers-which makes it difficult to distinguish professionals who are experienced by self-specific “teachers”.
Dennis, with Zeal, the head of the leadership development solutions at Corn Ferry, warns: “The accreditation is a diluted agent for the relevant experience and skill.” What really matters, he says, is the experience of the real world and showed success.
“Nobody knows who is a snake oil seller,” Gary Rich, founder of Rich Radia and former CEO, agrees with the following.
His advice: Training the veterinarian through reliable referrals, checking former customers, and compatibility with the training method. Some leaders want a partner of thought. Others need Hamid the truth that will not hesitate to summon poor driving habits.
Above all, Rich emphasizes the real world’s driving experience. “If the coach you are looking at is a billion dollars of business, then thousands of people who work for them, he may manage a large system, then know at least how it was.”
However, training alone is not a magic reform. Experts stress the importance of entering the process with clear and mental targets directed towards growth. Sean Cole, President of Sean Cole, president Queen Executive research partners. “If you are not driven by the desire to develop real leadership, the training can turn into treatment.”
In the end, training provides the strongest returns when it is used intentionally: for growth, not just for dealing. In the complex trade scene today, this clarity may be the most valuable leadership tool.
This story was originally shown on Fortune.com
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