Gainesville, Florida (PRWEB) January 28, 2009
The Perth Leadership Institute (http://www.perthleadership.org/)], the industry leader in business acumen assessment and development programs, today announced that it has issued a White Paper examining how coaching programs should be designed, targeted and executed during economic downturns. The White Paper argues that coaching needs to be customized to the phase of the economic cycle and that at this particular time, business acumen coaching rather than coaching on interpersonal skills is the top priority for companies.
According to Dr. E. Ted Prince, Founder and CEO of the Institute, “The priority now in coaching programs is to help companies survive financially and to start to create capital again. This means that managers and executives need help in the area of business acumen, the lack of which had led to so many problems in our economy and in so many companies. Companies, HR and leadership development professionals need to shift coaching resources to this area now in order to have the greatest impact in moving leadership programs to be most effective currently.”
The Perth Leadership Institute has developed innovative approaches to leadership styles and financial impacts based on its research into business acumen. These form part of its business acumen assessment and development programs for managers and executives. It has developed business acumen assessment instruments, such as the Financial Outcome Assessment®, used by executives and managers to increase their financial and valuation impact.
The Perth Leadership Institute was founded in 2002 in Gainesville, Florida, by Dr. E. Ted Prince to carry out research into the linkages between behavior and company financial outcomes. Its programs are targeted at executives and managers and are used for leadership and executive development, talent management and to improve individual and team financial performance at the middle and senior levels of organizations.
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Perth Leadership Institute
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