A majority of the top executive coaching firms in Canada strictly believe that organizations that choose to invest in in-house leadership development are better prepared to handle the challenge of leadership deficiency. Such organizations do not need to worry about the top executives leaving the company all of a sudden leaving behind a vacuum that is difficult to fill. Through their timely decision of using executive coaching for leadership development, the organizations always have at least one of the employees ready to take up the responsibilities of the outgoing executive. This minimizes any break in the smooth operation of the business besides giving the top management enough time to find a suitable replacement, in case their in-house replacement is not fully prepared to handle the job full-time.
However, in addition to hiring such professionals from an external talent pool, businesses are also working in the direction of developing such leaders in-house. In this context, availicontinue reading