Creating a Coaching Culture in India Inc.: Strategic Pathways for Vikshit Bharat 2047
Keywords:
Coaching Culture, Leadership Development, India Inc., Vikshit Bharat 2047, Organizational Agility, ICF, EMCC, public-private partnershipsAbstract
As India embarks on its Vikshit Bharat 2047 vision, which aims to transform the nation into a developed economy by its centenary, corporate India must play a crucial role in this ambitious journey. A pivotal strategy in achieving this transformation is the development of a robust coaching culture within Indian corporations. This conceptual paper explores the potential for coaching to enhance leadership capabilities, boost employee engagement, and foster organizational agility, aligning with the broader national development goals. By establishing a coaching culture, Indian enterprises can cultivate a workforce that is innovative, agile, and prepared to meet future challenges.
The paper delves into the importance of coaching as a strategic tool for leadership development and organizational performance, drawing on global best practices and examining their relevance within the Indian corporate context. It highlights specific challenges faced by Indian corporations, particularly small and medium enterprises (SMEs), and proposes a comprehensive policy framework to support the adoption of coaching practices. This framework includes strategies for integrating coaching with performance management systems, leveraging technology, and fostering leadership commitment.
Additionally, the paper suggests policy recommendations, including public-private partnerships and government incentives, to accelerate the adoption of coaching initiatives across various sectors. By building on relevant literature and case studies, this paper provides a holistic approach to embedding coaching into the corporate fabric of India. It argues that creating a coaching culture is essential for driving corporate growth and national development, ultimately contributing to a progressive and globally competitive India by 2047.
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References
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