Kashbox Coach Note: Corporate Coaching
The employment landscape is continuously changing. It’s imperative for team leaders and executives to fully understand their employees’ new, emerging expectations and effectively set the stage for them to become fulfilled. Corporate coaching helps their leaders and executives understand what their team wants out of their future.
Otherwise? The company may experience a loss of productivity, lower employee satisfaction, and even issues with employee retention.
One can expect the following three career trends for leaders and executives to leave a mark on their businesses:
Job Crafting
More and more, people aren’t just looking for jobs that give them a nice paycheck. Ideally, they want a form of employment that can be stimulating and interesting.
This growing need leads to job crafting, which involves redesigning an employee’s current role to better match the employee’s goals and strengths.
Job crafting is growing as a trend because the current economic uncertainty prevents people from quitting even the jobs they hate, regardless of what this decision might do for their emotional and mental health.
Even so, executives should not rest assured that their employees stay put, even now. Employee satisfaction is directly tied to productivity and how well an employee contributes to the company.
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Corporate Coaching: Career vs. Personal Identity
Though they seek fulfilling jobs, more workers are trying to establish a much stricter distinction between their personal identity and their employment identity.
This trend is emerging because of growing rates of layoffs. When you read stories of people who’ve dedicated their lives to a company only to be fired in moments of financial crises, you suddenly want to separate these two parts of you.
For executives, this trend showcases how imperative it is to offer employees a positive environment where they can effectively thrive. Expecting employees to work overtime and surpass their job description is no longer viable.
The Remote, Hybrid, or In-office Debate Continues
Companies might have hoped this conversation would end, but you can expect it to sound even louder this year.
Flexible working hours and environments are still a major preference for many employees, although the reasons for this can differ widely. Some workers might want this flexibility to accommodate their personal lives, while others worry about the financial toll of commuting and desire a remote office to cut costs.
Either way, if your company has managed to stay out of the conversation so far, this might be the year you need to participate.
How Can You Prepare for These Trends?
These career trends showcase some of the changes companies must make in their environments to attract, retain, and engage their employees.
Companies should devise a plan that establishes specific steps to take to put some structure behind the process.
Corporate coaching may be valuable during this process for leaders and executives, as leadership coaching can help create an effective structure.
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Helping You Realize Your Potential
I help people discover their potential, expand and develop the skills and attitudes necessary to achieve a higher degree of personal and professional success and create a plan that enables them to balance the profit motives of their business with the personal motives of their lives.