Fortune article: Once seen as the last step for an executive about to fall off the ladder, leadership coaches now help smooth a promotion, teach outsiders about their new culture, and tune up talent.
"According to an American Management Association survey, almost half of participating companies use coaching to prepare individuals for a promotion or new role."
"While half of companies provide coaches to midlevel or senior staff only, 38% make them available to anyone. Coaching's three most common uses: leadership development, remedial performance improvement, and optimizing strong contributors.
"A coach is like a personal trainer for business."
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