Here at the Business Success Coach Network, our coaches are dedicated to staying up-to-date on the state of the coaching industry.
Last month, Associate Coach Elena Espinal had the wonderful opportunity to attend the World Coaching Congress in Mumbai, India. After taking time to reflect on her experiences, this is what Elena had to say about the congress:
The HR and World Coaching Congress had some very interesting topics and guests, and it allowed the audience to perceive where the world is going. During the congress, Elena sat in on some thought provoking discussions about the future of human resources and business.
One of the discussions was about the employees of the future: the millennials. Elena said, “They work from a very different model than the one known by companies today. It will require these companies to learn to trust in people born with that paradigm because of their need for freedom.”
As the business industry welcomes a new generation to the forefront, values will shift. According to the WCC, the following will be true in 2020:
1. Reputation will be more important than money.
2. Organizations will be run much like a democracy, where the people will elect their leaders.
3. Portable connectivity will be a key factor in how organizations will work.
In education and training, it is estimated that by 2025 people will average 35 careers in their lives.
The present situation of businesses was also discussed during the congress. The director of human resources at Essar, a guest speaker at the congress, talked about relevant issues that organizations are facing today. “Many companies still live in the world of elephants: They move slowly, heavily, and have difficulty changing…. And from that model, their destiny will disappear.”
He also spoke about the world of “Black Swans”: great ideas that change a market, or the world; the need for flexibility, knowledge, breaking paradigms, and change.
The vice president of human resources at Driessen EnerSysGer also spoke at the congress, discussing the global strategies a company that grew through mergers and acquisitions faced. They bought 24 companies in 12 year by adhering to the following:
1. Recognizing there is no monopoly on wisdom.
2. Aligning executives according to the goals chosen for the future, and measuring performance from that point of view.
Throughout both of these discussions, the business coaching profession was emphasized as crucial to the success of organizations in a changing world. As Elena put it, “Coaching is a critical profession to support companies committed to change for a future that is so close.”
This profession requires our care and protection from mistaking it with psychology, mentoring, or using it to "correct" what is wrong with people. I remember when Alvin Toffler said there are people who have created this future. Others will adapt to it, and still others will wonder "what happened?"
Many of the lectures were about applying coaching as a complement to help improve organizations and the people in those organizations cope with change, growth, and success.
The subject of building the future was a sensation, according to Elena. “In an audience not fond of applauding, people gave standing ovations.”
We here at the Business Success Coach Network are proud to announce that during the World Coaching Congress, Elena was recognized with a World Leadership Award in Coaching. We would like to congratulate Elena on her success at the World Coaching Congress.
