The Chronicle of Coaching provides a snapshot of what’s happening in the coaching profession, and is updated weekly. Compiled and edited by Linda Ballew and Ruth Ann Harnisch.

In this week’s Chronicle: A recurring theme over the past year is the need to coach and mentor young talent in business - it's a leadership gap being recognized worldwide. Another recurring theme: is coaching a good investment for business? A new study of executives reveals while most plan to continue or add coaching, many are cutting back and questioning its effectiveness.

Coaches receiving press this week include two who describe themselves as wealth coaches, and a coach who tries to find his sensitive side in a military training camp. Catch up with volunteers who got coaching to help with their New Year's resolutions. Coaching helps realtors in a slump, as well as independent financial advisors overshadowed by large national firms, and anyone who needs to learn the "elevator speech" method of marketing.

This week's featured commentators include a marketing coach who believes everyone is a champion, a blogger who says he can give you a quick start to achieve anything, coaches for lawyers, speechmakers, and for stay-at-home moms who think they might want to be coaches. And if that's enough to give you a headache, another coach offers a "hands-on" cure.

New coaching books teach strategies for success, public speaking to hostile audiences, and overcoming workaholic patterns, and a book offering coaching to politicians in the hope of developing more effective world leaders.

CONTRIBUTORS: We welcome your suggestions for inclusions in The Chronicle of Coaching. Please let us know about articles, broadcasts, blogs, and other instances of coaching in the culture. This week’s edition includes a tip from David Goldsmith, Co-Founder of The Foundation of Coaching.

The Chronicle of Coaching strives for 100% accuracy and regrets any deviation from that standard. Our policy is to correct errors promptly and prominently, in the next edition and in the online archive. Please tell us immediately if you see something wrong.

And as always, if we missed anything, let us know at info@thefoundationofcoaching.org

In Bahrain, Coaching Can Help Build Young Talent Pool
June 20, 2007 Gulf Daily News (Manama, Bahrain)
Oil and Gas Affairs Minister says that apprenticeship, coaching, assessment, career development and succession plans are necessary to build new management leaders.

Is Coaching Losing Its Popularity?
June 20, 2007, Management Issues (London, UK)
In a study of 2,000 human resource executives, a global consulting firm finds 67% are either keeping their current level or increasing their use of coaching, while a third are reducing their use of coaching. Some cite concern that the coaching industry has become "riddled with cowboys" and they can't tell if they're getting their money's worth.

Wealth Coach Helps Clients Take Charge of Finances
June 25, 2007, The Courier Mail (Australia)
His basic strategy is to "spend less than you earn, pay off your home loan, take control of your credit cards, get organized so you don't stress about money, make sure you're getting all your tax breaks and pay the minimum amount of bank interest and fees."

With a Life Coach, Make the Most of Your Life
June 21, 2007, Peterborough Evening Telegraph (UK)
This coach helps you "think about your life in a good way, concentrating on the good bits and editing out or rethinking the bad."

Wealth Coach Has "Been There, Done That"
June 19, 2007, the street.com (USA)
This coach and author narrates her own experience building wealth and explains how she teaches others to take charge of their money and find their inner millionaire.

When Agent's Sales Are Slow, It's Back to Basics, Says Real Estate Coach
June 25, 2007 RISMedia (Connecticut, USA)
These basics include sending out thank you notes, putting out "Sold" signs, telling neighbors about your listings in the neighborhood, and more.

An Update on New Year's Resolutions: Have the Coaches and Experts Helped?
June 25, 2007 The Observer Guardian (UK)
After six months, this article catches up with the nine volunteers and the coaches/experts helping them, and finds success.

Coaching Helps Independent Financial Brokers Compete with National Firms
June 22, 2007, On Wall Street (New York, USA)
By teaching their advisors best industry practices and providing them with better technology, independent brokerage firms can do a much better job of operating on a competitive professional level.

Life Coach Attends "Men's Group" Searching for his Sensitive Side
June 21, 2007, The Jerusalem Post (Israel)
Four weeks spent in an Israeli Defense Force training camp is described by this life coach.

Executive Coach: Pitch Your Company's Message in the Elevator Ride
June 20, 2007, Business Week (USA)
The quick, succinct summation of your company's mission can be a powerful tool.

Her Story: From Harvard Law to Life Coach
June 25, 2007, JDBliss Blog (New York, USA)
She now has her own organization that offers workshops, retreats, coaching, books, CD's and other resources that help lawyers and other individuals find career satisfaction and fulfillment in life.

Life Coach Says: Headache Cure Is In Your Hands
June 23, 2007 A Life Coach's Blog
When aspirin doesn't work, blogger says try this remedy with a partner.

Blogger Describes her Speech Coaching Workshop
June 23, 2007 Brazen Careerist Blog (Massachusetts, USA)
A reluctant participant, the coaching seminar turned into a valuable learning experience for this Boston Globe columnist and now she recommends coaching to all.

Blog Offers a Quick Start to Achieve Anything
June 22, 2007 Create Success with Kezo Tang Blog
Start by deciding what you really want, write it down, list reasons why it's important, visualize it each day and take action steps.

Mom Blog: Want to be a Life Coach?
June 21, 2007 at Home Mom Blog (USA)
Blogger says if you love to give advice and others actually take it, maybe life coaching is for you.

Blogger Cites Article: Using Standards to Evaluate Retail Coaching
June 20, 2007 ChangeFactory.com (Australia)
For sales associates receiving coaching in retail stores, success is measured by a performance indicator, which may be an observable behavior or it may be a numeric or literal indicator.

Talent Management Firm: Coaching Has Single Most Impact on Leadership Development
June 20, 2007, Bersin & Associates Blog (California, USA)
Article discusses what a makes a good coach, why coaching has an impact and how to apply coaching to an organization.

Blogger Addresses Key Coaching Skills
June 20, 2007 WishfulThinking.com (UK)
Business coach who specializes in coaching creative professionals outlines this skills list, which includes goal setting, looking and listening, empathizing, questioning, giving feedback, intuiting and several ways of checking on the client.

Marketing Coach Says "Every World Champion Has a Coach"
June 20, 2007, Coach Virtual Assistant (USA)
Coaches keep clients on track by helping them understand roadblocks to change, and by creating a solid support structure to keep them motivated and proactive.

The Balanced Life (Second Edition)
By Clay Nelson
June 15, 2007 Emediawire (Washington, USA)
This book is an update of the original published in June 2006, and covers two main topics; building excitement for life and overcoming workaholic patterns.

Success: It Just Ain't That Hard, Y'all!
By Steve Templeton
June 25, 2007 PRWeb (Washington, USA)
In his book, life coach Steve Templeton explains how certain thoughts, feelings and actions can create positive results in life.

Winning without Compromising Yourself
By Erika Gabaldon and Dennis Brogan
June 20, 2007, PRWeb (Washington, USA)
This book brings executive coaching to the political arena, offering a chance to improve performance of political leaders, which may positively impact the perception of politics.

The Confident Speaker
By Harrison Monarth and Larina Kase
June 19, 2007, NewsReleaseWire.com, (Pennsylvania, USA)
This book explains how to manage anxiety and project confidence when speaking to a partisan or hostile audience.

By Vikki G. Brock

By the mid-1980's Fred Kiel sold out of his clinical psychology practice and started KRW International focusing on working with senior executives in Fortune 500 companies as a "coach." He used the metaphor about helping clients go from winning the silver medal to becoming gold medal winners, and compared himself to a coach of Olympic athletes and compared his clients to Olympic athletes.

In 1993, Fortune Magazine did a cover story called "The Executive's New Coach" and Fred's firm KRW International was one the only firm highlighted in the article, which also featured three individuals. It was an early mention of an "Executive Coach" in a key business publication.