The Role of Coaching in Hungarian Economic Development - with Special Reference to Management Development and Internal Audit

Abstract

As a qualified coach (Coach Academy, Budapest), with more than a decade of practice behind, I believe that a professional coach can only be credible and successful in this field, if theory and practice are intertwined. This is confirmed from both directions. In addition to personal competencies, high-quality practice requires a serious theoretical foundation, but at the same time, high-quality education and research in the profession cannot be imagined without gaining practical experience. The two are connected, intertwined, and really develop hand in hand ... either as a general management practice or by supporting an organization’s internal control, it can increase its effectiveness. The milestones learned during the historical review, the practical application of a concept that diffuses from sport to the economy and then proved in leadership development, has now become a distinctive quality. Leaders can incorporate coaching into their daily leadership practices in different ways. The initial step and also the simplest way, is the daily use of the coaching approach and logic presented above. The questioning technique, which the manager has previously mastered, as well as the methodological repertoire of up to hundreds of tools, that the manager can “use” even during an internal audit, can be built on this. A good example is the successful series of “Coaching-type leadership”, “Complex problem solving” and “Personal competency development” courses conducted for the managers of the State Audit Office, which, based on the feedback from the participants, fulfilled the hopes for achieving the goals above. All of these leadership efforts, which are being put into practice and are becoming more widespread, are hopefully becoming 'good practice' and can evolve over time into ambitions that support the economy as a whole.
Coaching is an effective system of ideas with serious historical roots. In my article, I wanted to point out how coaching and the methodological repertoire developed for it, as well as the practical implementation that is integral to them, can serve the worthy goal of the individual but even society as a whole, for the benefit of humanity in a broader sense.