An article by contributor Alicia Hill.
The term, “executive coach”, is more of a broad umbrella term that is contingent upon who you are coaching. An executive coach is basically a professional leader that helps individuals reach their business goals. The client determines what the goals and ambitions are, and it is the job of the executive coach to help them reach their goals, while them accountable along the way.
Taking up of the field of executive and leadership coaching also presents rich opportunities to assess the mindset and thinking of others. In a general sense, you will be expected to improve your client’s leadership and management skills and consult on business decisions. There is a lot of discipline that is required if you want to know how to be an executive coach.
Executive Coaching Qualifications and Skills
If you are asking yourself, “How do I become an executive coach?”, then the first thing you need to do is build some important skills. In terms of specific responsibilities, the scope of practice for an executive coach involves challenging ideas, providing unbiased viewpoints, and grow confidence. It is important to note that executive coaches that work in different areas have their own unique responsibilities.
For example, if you work in advanced human resource management, then understanding how human resources coincides with the entire business strategy is a core responsibility. You will also have to develop the function of HR management to meet the demands of the industry. If you take up advanced project management, then expect to provide strategic project plans and give guidance around the extremities of large-scale projects. Different areas, provide different needs, which is why the job of an executive coach is not limited to a set of core principles.
If you want to learn how to become an effective coach, there are very specific behaviors that you are going to have to master. Time management and prioritization are crucial in this regard. Seeking constructive criticism is also important because you do not want to progress as a coach thinking that every decision is the right one. Sometimes, you will need to have a time of reflection and ponder what you can do to improve your strategy.
How Much Do Executive Coaches Make?
In terms of how much do executive coaches earn, according to PayScale, executive coaches make approximately $80,000 annually, with around $17,000 earned through bonuses on average. It should be noted that executive coaches typically set their own rates and can vary widely. To ensure that you can maximize your earnings, be sure to enhance your earning potential through certification. The more credentials that you have to your name, the more attractive you will be to potential clients. Finding your specialty, honing your niche and creating digital footprints are also steps that you can take in order to ensure you can make the most amount of money annually. Whether you were coached personally or have qualifications, there is a wide set of factors that can influence your potential income.
How To Get Executive Coaching Certification
So what if you want to know how to become an executive coach? First, you will need to ask yourself if this is the industry you want to get into, as it will require great attention to detail. If you want to know how to become a certified executive coach, you will need training and complete an accredited training program. Once you complete the required number of hours, you will then partner with a mentor coach and develop and demonstrate those learned skills independently. Certification is commonly done through the ICF, and you will most likely be given an annual membership. As you gain more experience and start with your Associated Certified Coach, you will gradually move up.
There are numerous services that can provide what you need, and there are a certain number of required courses that you will need to complete. It should be noted that certification isn’t actually required to become an executive coach. This only adds significant credibility to your resume. Getting credentialed is something else you will need to consider. This is when a national body reviews all of your qualifications and coaching ability. In these cases, extensive experience may be required to prove your reliability.
Being an executive coach is a demanding field that requires a lot of demanding work. However, if you are committed to the craft, then you will be able to help others in the achieve their goals. Best of luck!
Alicia Hill is a content writer with backgrounds in business management, class consulting and marketing communication. She writes for several businesses from around the world.