The Difference Between Leadership Training, Executive Coaching, and Business Consulting

We all want to be successful, but it’s easier said than done! These days, it takes A LOT more than a strong work ethic and a positive attitude to thrive in today’s fast-paced business world. If you’re looking to take your career or company to the next level, leadership training, executive coaching, and business consulting might be just the thing for you. But, they all sound so similar, so what’s the difference?

What Is Leadership Training?

You might already be thinking:

What is leadership training?

Can people actually be taught to become leaders?

Do current leaders really need ongoing training?

It’s true there is a misconception that leaders appear naturally and these skills cannot be taught. Some might also ask what is leadership training and why a leader already in his or her position would need training. They already got the stuff and proved themselves, right?

Well, it’s complicated. Here’s why.

Every organization has its own culture, which determines its leadership approach. In other words, leadership styles vary from organization to organization. Therefore, every company must provide leadership training because it is one of the sure-fire methods of developing effective leadership and achieving excellent business results.

Great leaders can influence others in many ways, without a doubt. They provide motivation and inspiration and are a driving force behind positive culture changes and sustaining team momentum.

So, how is leadership taught?

Leadership training is an educational program or course intended to develop leaders within a company. It aims to help employees develop their skills and abilities as future leaders within their organizations. 

It can also take many forms, including seminars, workshops, and online courses. Leadership training often focuses on developing communication, management, and decision-making skills. It may also include ethics training. Leaders often receive training in business development, diversity and inclusion, and creating a culture of innovation.

What Is the Purpose of Leadership Training?

Organizations these days require soft and hard skill training if they face current challenges. Leadership development and training help identify potential leaders and improve the capabilities and knowledge of people already in leadership positions.

Leadership training is for all levels….

New and emerging leaders may need to develop listening, conflict resolution, and time management skills to step into their roles.

Senior leaders, on the other hand, still require training to stay on top of emerging trends, such as Diversity, Equity, and Inclusion, so that they can better define the company’s overall vision.

Why Should I Invest in Leadership Training?

We will not sugar-coat it: your organization will eventually stagnate if your leaders are not committed to constant personal and professional development. 

The key here is growth.

But don’t take our word for it; others have already reported on this truth:

According to John C Maxwell’s The 21 Irrefutable Laws of Leadership, leadership capability is the lid to the company’s performance and how effective they are. And a 2018 report by Harvard Business School states that organizations are becoming more global, remote work is on the rise, and generation gaps between leaders requires training to overcome differences. 

We believe these are all compelling reasons to invest in leadership training, right?

Bottom Line 

Corporate leadership development and training are critical to any organization looking to dominate its industry. And there is just no way around it: with rapid changes in the business landscape, companies need sustainable strategies to develop new leaders and elevate the skills of current ones. 

The good news is successful leadership training programs are rooted in a robust learning and knowledge-sharing culture. The other impactful parts of the program clarify your learning objectives and help you choose appropriate activities for your current and future leaders. These help you overall because your goals are to stay long-term, grow, and be nimble through any obstacles. 

How Are Executive Coaching and Business Consulting Different?

Executive coaching improves outcomes by boosting the decision-maker’s power. On the other hand, business consulting improves company procedures and approaches and should be regarded as consultation services.

Let’s take a look at their nuances in better detail…. 

What is Executive Coaching?

An executive coach focuses one-on-one with decision-makers, aiming to turn them into more capable leaders whose decisions benefit the entire organization. An executive coach’s attention is sharp, and the relationship involves a long-term, professional partnership between the coach and the executive being coached. 

Executive coaches can help leaders:

  •     Improve their communication style
  •     Increase their emotional intelligence
  •     Better manage priorities
  •     Sharpen their strategic thinking skills
  •     Navigate their transition into a new role
  •     Hone their executive presence
  •     Gain powerful team-building tools

The Purpose of Executive Coaching

Executive coaching is focused on improving the quality of leadership, which improves the organization’s results. Executive coaching is a good option for bigger companies but can also be helpful for smaller companies and even single entrepreneurs. Whether you are a large or small operation, executive coaching can positively impact your bottom line and decision-making skills. Executive coaching is also not limited to senior management. In addition to maximizing the performance of senior executives, lower-level managers can also benefit from it.

Think of it this way: executive coaching funnels improvement through the company’s leader. It starts at the top.

What Does Business Consulting Consist Of?

A business consultant is a professional who provides guidance and advice to companies to help them attain their objectives. It is important to note that it should be thought of more as consulting and not coaching. The consultant gives expert advice to the client on how to do something better in their business, which could be anything from streamlining operations, crafting business plans, increasing profits, or resolving personnel issues.  

The consultant may help to improve various aspects of the business such as finance, marketing, human resources, information technology, and management. Additionally, the consultant might have other duties such as giving advice and coming up with new strategies.

Management will often challenge consultants to figure out difficult issues. For instance, a client may want to decide whether to alter a marketing plan or stop selling a certain service or product. Additionally, they may seek advice on how to reorganize the company to be more agile to changes; which fiscal approaches to implement; or what the most efficient resolution is for an issue regarding salaries, morale, productivity, internal correspondence, supervision, management succession, or anything else. A consultant’s job is to diagnose a problem and recommend actions.

Putting it All Together 

When it comes to professional development, there are various options available for companies and their leaders. Whether you’re looking for one-on-one executive coaching, business consulting, or leadership training, there are many ways to employ business strategy. 

Wrapping Up

Are you in need of leadership training, executive coaching, or business consulting?

From office managers to senior executives, great leaders need skills to positively influence co-workers and team members. Some people naturally possess leadership qualities, but some do not. In either case, leadership training develops a successful leader. 

Executive coaching provides a more compelling solution, whether you lead a large organization or you’re a small business with a team of one. Your partnership with a coach helps you better understand your own “operating system” and develop it for greater effectiveness. 

Business consulting provides companies with the tools to devise plans and solutions to areas of concern. A business consultant may be exactly what any organization, large or small, needs to scale up and grow. 

Move Your Organization Forward 

To learn more about executive coaching, business consulting, or leadership training, and how they can help you and your organization compete and thrive, contact Arden Coaching at [email protected] or 646.684.3777.