According to a 2020 survey conducted globally by ICF (International coaching federation) it is estimated that there were approximately 71,000 coach practitioners in 2019, an increase of 33% on the 2015 estimate. This definitely emphasizes that there is a growing need of more coaches than ever before.
Many organizations do a decent nurturing of middle managers but meaningful development stops well below the apex. It is important not just to identify high performers but to recognize and retain them with the help of development processes.
‘Focus on gratitude’ is the key element which would enable the leaders to access the deposits of resilience in themselves as well as that of their employees, shared Lori Hofmann, Director of people engagement at Expedia Group and Michael Godfrey, Global Head of Learning and Development at Expedia Inc. in their session at PM L&D SEA Conference 2021.
HR Professionals are continuously looking for newer ways to add value to people and business. They are exploring the possibilities of replicating the best practices of Executive Coaching to Strategic HR.