Business | Bartleby

Executive coaching is useful therapy that you can expense

The practice does not have to be an exercise in platitudes

An executive being coached by a small person whispering into his ear
Image: Paul Blow

IN A DOCUMENTARY from 2004, “Metallica: Some Kind of Monster”, members of the titular heavy-metal band hire a “performance-enhancement coach” to help them resolve their disagreements. The musicians cannot stand him and end up bonding over their decision to get rid of him. When an ex-banker, after years of working at Lehman Brothers and UBS, hired a coach to discuss his next steps, the nugget of wisdom he acquired in the course of half a dozen 40-minute sessions setting him back almost $8,000 was that he should seek a role where he would be “paid for his experience”.

This article appeared in the Business section of the print edition under the headline “CEO whisperers”

From the July 15th 2023 edition

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