The Intersection of Executive Leadership Coaching and Successful Project Management Administration

The Intersection of Executive Leadership Coaching and Successful Project Management Administration

DOI: 10.4018/978-1-6684-8691-7.ch016
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Abstract

Project management failure is a broad term that encompasses many different areas of mismanagement, from lack of resources to missed deadlines and budgets. According to a 2018 Project Management Institute (PMI) report, the average global success rate for projects was only 53%, meaning that 47% failed to meet their objectives. This statistic is further supported by a 2020 report from the Standish Group, which found that only 28.3% of projects were successful, meaning that the majority (71.7%) of projects failed to meet their objectives. Project management failure can negatively impact organizations, from decreased productivity to decreased customer satisfaction. Leadership skills are a critical aspect of project success. This chapter explores leadership skill development through executive coaching.
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Problem Statement

Executive coaching has become a growing leadership trend to build organizational capacity and achieve business and leadership development. However, despite its prevalence and fashionableness, the accomplished empirical researches conducted to explore the influence of coaching strategy on increasing business productivity within organizations of any size are minimal (Gray et al., 2011).

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