In the simplest of terms, an executive coach is one who helps executives develop into better managers and successful leaders. The definition is somewhat sketchy because this coaching is not restricted to just executives but all team members including the manager who will benefit from the guidance. There is also some confusion about who should opt for this kind of coaching, the executives themselves, their team leads or the big bosses of the organization. It depends on the size and hierarchy of the organization of course, but coaching is also available to those individuals who want to opt for it directly and upgrade their business skills. It is no longer a taboo to ask for help when you need it and in fact, executive coaching in today’s age has become more of a status symbol than the hush-hush affair that it was a decade back.

So before you decide on whether or not to opt for it, first understand how an executive coach can help you or your business. A quick look:

#1 – Personal development – One of the key areas where an executive coach can definitely help is in positive personal development. A coach can help in uncovering the areas of interest and help individuals develop their inner talent better.

#2 – Interpersonal behavior – Working in a team can be fraught with difficulties and little things can become impossible to manage. A coach provides one with a wider perspective and allows for a 360 degree vision to solve all problems.

#3 – Communication skills – One of the most important things needed to succeed in a career is good communication skills. Even if you are a smooth talker you may not be saying the right things always. Learn what to say, when to say and how to say it so that your words will have the desired impact.

#4 – Knowledge enhancement – Working with an executive coach means opening up your mind to infinite possibilities. He or she will work hand in hand with you to delve deeper into every subject, look at things from many perspectives and help one learn better.

#5 – Team playing – Success or failure is as much an individual thing as they are the teams’. Coaching helps one realize the benefits of group work, understand group behavior and work in tandem with the team to reach true success.

As you can see, working with an executive coach will give one a comprehensive guide to develop and upgrade oneself. This is an important factor to not just go ahead in life but to climb up the corporate which is filled with so much competition. Unless you are better, and different don’t expect to be noticed and to be given preference. Unless you have opened up and learnt more you will not know how to perform differently, hence still be steeped in mediocrity. It is the same for companies which want to be a step ahead of the crowd and therefore need a team which is sharpened, ready to take on the world and win the race. Coaching will provide that definitive guidance.

Gary Takacs is the founder of The CEO University is a US-based, CEO and Executive Peer Group Organization that creates opportunities for accelerated business growth and personal development  through CEO Peer Group Meetings that are CEO-led, one-to-one mentoring focused on unique business and personal challenges, and purposeful  learning events.