As a professional executive coach, it is important to have a solid agreement in place before starting any coaching engagement. An executive coaching agreement outlines the terms and conditions of the coaching relationship, including expectations and responsibilities for both the coach and the client.
Here are some key elements that should be included in an executive coaching agreement:
1. Purpose of the Coaching Engagement:
This section should clearly outline the objectives of the coaching engagement. It should detail the specific goals that the client wants to achieve, as well as any expected outcomes.
2. Coach’s Role:
The coach’s role should be defined in this section. It should detail the coach’s responsibilities, expected time commitment, and the specific coaching services that will be provided.
3. Client’s Role:
The client’s role should also be outlined in the agreement. This section should detail the client’s responsibilities, including any tasks or assignments that they are expected to complete during the coaching engagement.
4. Confidentiality:
Confidentiality is a critical component of any coaching engagement. This section should clearly outline the coach’s confidentiality policy and any exceptions to that policy.
5. Fees and Payment:
The executive coaching agreement should clearly outline the fees and payment terms for the coaching engagement. This section should include the total fees, payment schedule, and any other financial arrangements.
6. Termination and Cancellation:
This section should outline the terms for terminating the coaching engagement, including any notice requirements and any associated fees or costs.
By having a clear executive coaching agreement in place, both the coach and the client can feel confident in their roles and responsibilities. It is important to review and update the agreement periodically to ensure that it continues to accurately reflect the needs and goals of the coaching engagement.