Corporations Turn to Executive Coaches to Train Creative and Strategic Leaders During Economic Downturn

With the number of layoffs in Fortune 500 companies, managers and senior executives are at a loss when it comes to inspiring their overloaded workforce to succeed. However, the rush to continue meeting the same customer demand with a minimal staff often leads to a lack of quality decision making. This is why many major corporations are now referring their managers to Executive Coaches for the development of skills in the areas of leadership, sustaining morale and reaching potential under these extreme conditions.

Contact: Progressive Leadership, Inc.
    Carole Nicolaides
    Phone: 708-453-1567
    carole@progressiveleadership.com
    www.progressiveleadership.com

--For Immediate Release--

--NORRIDGE, IL -- July 2000 -- Corporate life has become a whirlwind. With the number of layoffs in Fortune 500 companies, managers and senior executives are at a loss when it comes to inspiring their overloaded workforce to succeed. However, the rush to continue meeting the same customer demand with a minimal staff often leads to a lack of quality decision making. This is why many major corporations are now referring their managers to Executive Coaches for the development of skills in the areas of leadership, sustaining morale and reaching potential under these extreme conditions.

Coaches are a combination of mentor, consultant and strategic partner. Coaches help managers to make sound decisions during difficult times. As a result, corporate leaders become more creative and strategic with their actions and obtain their goals more quickly.

Coaches work one-on-one with executives in order to help them gain self-awareness. Discovering your essence -- who you are, what you have to offer and what you know -- makes the foundation for turning average executives into extraordinary problem-solvers and visionaries", states Carole Nicolaides of Progressive Leadership (http://www.progressiveleadership.com).

And while the downturn in the economy may not last forever, the skill development training an executive receives from his/her coach will.

By working with an Executive Coach, many managers are defining themselves in the areas of knowledge management, problem solving, strategic thinking and supportive leadership. And its paying off. "When considering a candidate for promotion, I would primarily look for those who understand the concept of never letting your people fail. I would seek out people who believe in themselves, challenge themselves everyday and maintain an
aggressively progressive attitude while successfully achieving their goals", says Kirby Price, retired Senior Vice President of Wachovia Bank.

Now is a time for leaders to be scouted. During this recession, senior executives and department heads in all industries are pinpointing those who possess these talents. Self-motivated professionals who take the initiative toward improvement are more frequently slated for promotion or recruitment than those who dont -- even in uncertain business times. Executive Coaches make a definite impact in the success of those who seek to move ahead and progress in their career.

These skills may develop on their own with time and experience. However, some corporations need their executives to make an immediate impact for themselves and their companies due to the recession. Those people are finding the Executive Coach to be an invaluable ally.

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