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Executive Coaching a 1 Billion Dollar Industry

Executive Coaching is a growing and lucrative business where a consultant provides custom coaching that is tailored to a client. The coach and client work together to design a unique business coaching process that will create the desired positive outcome. To work in this field, you will need to earn an executive coaching certificate.

As an American career coach in Rome, (Megan) Fitzgerald is also on the front lines of a global revolution. Career coaching is a fast-growing and largely unregulated market. A decade ago the Kentucky-based International Coach Federation had 2,100 members; that number has since grown eightfold, to 16,600. In 2004 the Harvard Business Review estimated that executive coaching alone was a $1 billion industry. Aided by Web technology that enables remote coaching from anywhere, the business is gaining ground in some unexpected corners of the world.

Fitzgerald is benefiting from a worldwide surge in career coaching within corporations. Her three-year-old company, Career by Choice, grossed 56,000 euros ($79,000) last year, up more than 100% over 2007. Her client list includes the SDA Bocconi School of Management in Milan as well as Microsoft (MSFT, Fortune 500), which hired her as a coach for Accelerate, its in-house program for high-potential marketing executives.

Not only is this career on the rise, it is one where you can be self employed. Earning an executive coaching degree can get you started in an exciting and important career.

References:

Louise Morganti Kaelin, Life Success Coach -Louise Morganti Kaelin provides coaching and resources, including free newsletter, to help you be your best self and live your life in wholeness.


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