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TradeBriefs Editorial

From the Editor's Desk

The Very Real Dangers of Executive Coaching

Over the past 15 years, it has become more and more popular to hire coaches for promising executives. Although some of these coaches hail from the world of psychology, a greater share are former athletes, lawyers, business academics, and consultants. No doubt these people help executives improve their performance in many areas. But I want to tell a different story. I believe that in an alarming number of situations, executive coaches who lack rigorous psychological training do more harm than good. By dint of their backgrounds and biases, they downplay or simply ignore deep-seated psychological problems they don’t understand. Even more concerning, when an executive’s problems stem from undetected or ignored psychological difficulties, coaching can actually make a bad situation worse. In my view, the solution most often lies in addressing unconscious conflict when the symptoms plaguing an executive are stubborn or severe.

Consider Rob Bernstein. (In the interest of confidentiality, I use pseudonyms throughout this article.) He was an executive vice president of sales at an automotive parts distributor. According to the CEO, Bernstein caused trouble inside the company but was worth his weight in gold with clients. The situation reached the breaking point when Bernstein publicly humiliated a mail clerk who had interrupted a meeting to get someone to sign for a parcel. After that incident, the CEO assigned Tom Davis to coach Bernstein. Davis, a dapper onetime corporate lawyer, worked with Bernstein for four years. But instead of exploring Bernstein’s mistreatment of the support staff, Davis taught him techniques for “managing the little people”—in the most Machiavellian sense. The problem was that, while the coaching appeared to score some impressive successes, whenever Bernstein overcame one difficulty, he inevitably found another to take its place.

Continued here


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Broadway Ticketing Wars Heat Up As Nederlander Nixes Ticketmaster    
Broadway Ticketing Wars Heat Up As Nederlander Nixes Ticketmaster
In addition, Ticketmaster became a target for criticism recently over the issues customers encountered while attempting to purchase tickets to Taylor Swift’s “The Eras” concert tour. About forty percent of American voters reported an unfavorable view of the company, and the incident even prompted the U.S. Senate’s Judiciary Committee to hold a hearing into Ticketmaster’s dominance in the ticketing industry.






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Brexit: Labour will seek re-write of deal, Starmer says    
Brexit: Labour will seek re-write of deal, Starmer says
That led to accusations by Prime Minister Rishi Sunak and Home Secretary Suella Braverman that his party was planning to let the UK become a \"dumping ground\" for 100,000 migrants from the continent each year, claims he said were \"complete garbage\".


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Frank Zumbo denies exposing himself to young colleague during late-night park visit    
Frank Zumbo denies exposing himself to young colleague during late-night park visit
In Australia, the crisis support service Lifeline is 13 11 14. In the US, the National Suicide Prevention Lifeline is 1-800-273-8255. In the UK, Samaritans can be contacted on 116 123. Other international suicide helplines can be found at befrienders.org




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Pub closures rise sharply amid warning over planned business rate change    
Pub closures rise sharply amid warning over planned business rate change
“In April this is due to end, creating a cliff edge that will be hugely damaging to thousands of businesses. Ensuring the relief is maintained for those businesses that need it most will be key to their survival.”


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Congressional Biden ally dismisses Republicans' impeachment strategy    
Congressional Biden ally dismisses Republicans' impeachment strategy
Since last year's midterm elections, Republicans have held only a thin majority in the US House, which has the power to draw up articles of impeachment. Democrats hold a thin majority in the Senate, where two-thirds of the members need to vote to convict - and, as a consequence, remove from office - an impeached official.




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Billy Miller, star of The Young and the Restless and General Hospital, dies aged 43    
Billy Miller, star of The Young and the Restless and General Hospital, dies aged 43
In the US, you can call or text the National Suicide Prevention Lifeline on 988, chat on 988lifeline.org, or text HOME to 741741 to connect with a crisis counselor. In the UK and Ireland, Samaritans can be contacted on freephone 116 123, or email [email protected] or [email protected]. In Australia, the crisis support service Lifeline is 13 11 14. Other international helplines can be found at befrienders.org


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With a New Formula, U.S. News Rankings Boost Some State Universities    
With a New Formula, U.S. News Rankings Boost Some State Universities
Alan Blinder is a national correspondent for The Times, covering education. He has reported from more than 35 states, as well as Asia and Europe, since joining The Times in 2013. More about Alan Blinder




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At Merois, Wolfgang Puck Keeps The Party Going For Mid-Autumn Festival    
At Merois, Wolfgang Puck Keeps The Party Going For Mid-Autumn Festival
“That’s why I love to work with young people,” says Puck, who adds that he’s fortunate to have his son, Byron, help him run his restaurant group. “Old people are very set in the way they see things. Young people are all over the place, and some of the places are actually really interesting and very good. I know what a 60-year-old person will think, but it’s harder for me to know what a 28-year-old person will think, what their habits are, how they go out. I talk a lot about that with Byron. You have to listen to the young people who are around you. They’re the future.”


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Two pubs a day disappearing in England and Wales    
Two pubs a day disappearing in England and Wales
The Campaign for Pubs has warned that even profitable pubs are being lost due to landlords wanting to \"cash in\" by developing pubs, such as by converting or demolishing premises for housing.




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Liz Truss urges PM to cut taxes and benefit increases    
Liz Truss urges PM to cut taxes and benefit increases
Meanwhile Labour have called on the prime minister to block Liz Truss\'s resignation honours list. Labour\'s shadow paymaster general Jonathan Ashworth argued that \"those who crashed the economy\" should not be rewarded.


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It’s Cozy and Cheap, but Do You Want to Live in This Social Media Magnet?    
It’s Cozy and Cheap, but Do You Want to Live in This Social Media Magnet?
But it was not the kind of life Ms. Randazzo could keep up for longer than a year. She now shares a large New York townhouse where she has a spacious bedroom. She has no regrets about her microapartment: “I love the community that it brought me but I definitely don’t miss bumping my head on the ceiling.”




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The Game of Their Lives    
The Game of Their Lives
Rory Smith is The Times’s chief soccer correspondent, based in Britain. He covers all aspects of European soccer and has reported from three World Cups, the Olympics, and numerous European tournaments. More about Rory Smith


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2 Charged With Murder in Day Care Death of 1-Year-Old    
2 Charged With Murder in Day Care Death of 1-Year-Old
The family is struggling with what comes next, she said. Ms. Dominici described looking at Nicholas’s crib, new clothes he had not worn and toys she had been waiting to give him. She said she wondered what she would do with them now.




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California Governor to Sign Landmark Climate Disclosure Bill    
California Governor to Sign Landmark Climate Disclosure Bill
Coral Davenport covers energy and environmental policy for the climate desk from Washington. She was part of a Times team that was a finalist for the Pulitzer Prize for distinguished public service journalism in 2020, and part of a Times team that received Columbia University’s John B. Oakes award for distinguished environmental journalism in 2018. More about Coral Davenport


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Opinion | Maybe They’re Losing Because They All Sound the Same    
Opinion | Maybe They’re Losing Because They All Sound the Same
The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: [email protected].




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Trump Says ‘It Was My Decision’ To Challenge 2020 Results, Didn’t ‘Respect’ His Attorneys    
Trump Says ‘It Was My Decision’ To Challenge 2020 Results, Didn’t ‘Respect’ His Attorneys
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ABC News Host Deflates Nancy Mace's Big Evidence-Free Biden Claim On Live TV    
ABC News Host Deflates Nancy Mace's Big Evidence-Free Biden Claim On Live TV
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Biden Taunts House Republicans With 3 Mocking Words On Impeachment Effort    
Biden Taunts House Republicans With 3 Mocking Words On Impeachment Effort
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Mehdi Hasan Shows Just How ‘Openly Delusional’ Trump Has Become    
Mehdi Hasan Shows Just How ‘Openly Delusional’ Trump Has Become
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Rep. Marjorie Taylor Greene Demanded 'Etiquette And Respect’ And You Know What Happened    
Rep. Marjorie Taylor Greene Demanded 'Etiquette And Respect’ And You Know What Happened
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Kevin McCarthy, Jim Jordan Busted For Impeachment Hypocrisy In Supercut Video    
Kevin McCarthy, Jim Jordan Busted For Impeachment Hypocrisy In Supercut Video
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'Looking For Payback': Maggie Haberman Warns Of Trump's 'Clear' Threat    
'Looking For Payback': Maggie Haberman Warns Of Trump's 'Clear' Threat
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Russell Brand’s Management Drops Him Amid Multiple Sexual Abuse Allegations    
Russell Brand’s Management Drops Him Amid Multiple Sexual Abuse Allegations
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2 Pilots Killed At Reno Air Race After Planes Collide    
2 Pilots Killed At Reno Air Race After Planes Collide
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Donald Trump Blames Nancy Pelosi For Jan. 6 Insurrection    
Donald Trump Blames Nancy Pelosi For Jan. 6 Insurrection
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Ray Dalio warns of 'great disruptions,' shares top tips for new investors     
Ray Dalio warns of 'great disruptions,' shares top tips for new investors
A country needs to have a good income statement and balance sheet, an environment of civility where \"people [are] working together to make good things happen,\" he said. The side that the country takes when an international conflict arises is also an important factor to consider, he added.


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House Republicans release short-term bill to avert government shutdown until Oct. 31    
House Republicans release short-term bill to avert government shutdown until Oct. 31
\"A shutdown would only give strength to the Democrats,\" McCarthy said. \"It would give the power to Biden. It wouldn\'t pay our troops. It wouldn\'t pay our border agents. More people would be coming across. I actually want to achieve something.\"


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Bill Gurley warns of ‘scary’ regulatory capture efforts in the A.I space, hails open-source efforts    
Bill Gurley warns of ‘scary’ regulatory capture efforts in the A.I space, hails open-source efforts
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Sudan conflict: Khartoum landmarks in flames as battles rage across country    
Sudan conflict: Khartoum landmarks in flames as battles rage across country
The violence has also spread to the western region of Darfur, where ethnically motivated attacks by the RSF and allied militias have triggered renewed investigations by the international criminal court into possible war crimes.


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Scott Morrison says he 'stepped down as prime minister' in sermon warning of 'hostile' world    
Scott Morrison says he 'stepped down as prime minister' in sermon warning of 'hostile' world
"Morrison's honest, vulnerable and reflective answers offers a unique lens to better understand your relationship with God and the blessing that can flow from such a relationship," the blurb states.


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Family of woman who died after being Tasered say NSW police had assured them she'd be cared for    
Family of woman who died after being Tasered say NSW police had assured them she'd be cared for
Also in May, police fatally shot Steve Pampalian, 41, in North Willoughby. Police said they were called following reports a man had threatened neighbours with knives. They didn't have their body-worn cameras turned on.


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Australian National University stabbing: three in hospital after incident on campus    
Australian National University stabbing: three in hospital after incident on campus
“I went back upstairs and by then they had moved the guy... and I think they were checking his vitals for a pretty extended period of time, at least 20 to 25 minutes. He was cuffed behind his back and bleeding from at least one hand, from what I could see.”


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Woman 'felt fearful' for her life during alleged rape by cricketer Danushka Gunathilaka, court told    
Woman 'felt fearful' for her life during alleged rape by cricketer Danushka Gunathilaka, court told
In an interview with police soon after his arrest at the Hyatt Regency Hotel on 6 November, Gunathilaka denied removing the condom, saying he had put on a second one because the first "was not good".


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Russia-Ukraine war at a glance: what we know on day 572 of the invasion    
Russia-Ukraine war at a glance: what we know on day 572 of the invasion
Moscow has dismissed as “politically motivated” the conviction of Russian businessman Vladislav Klyushin in a US court for participating in a $93m insider-trading scheme, the Russian state news agency RIA reported.


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Ukraine troops have recaptured key village of Klishchiivka near Bakhmut, says Zelenskiy    
Ukraine troops have recaptured key village of Klishchiivka near Bakhmut, says Zelenskiy
Ukrainian military analysts said this week the liberation of settlements near Bakhmut would allow the military to advance from the southern flank in the Bakhmut area, gaining control of the heights.


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'We never stopped protesting': Iran's youth take freedom fight underground    
'We never stopped protesting': Iran's youth take freedom fight underground
Golnaz adds: "If the regime successfully stops people all over the country from protesting on Mahsa's death anniversary, we have many other ways to continue our protests. And we will. Names have been changed to protect identities


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No 10 officials discussed asking queen to talk to Boris Johnson about his behaviour    
No 10 officials discussed asking queen to talk to Boris Johnson about his behaviour
“There were definitely times after the prime minister came back from his illness when the kind of the perception amongst the political team at No 10 about the failings of the system and the failings of the civil service and the failings of different institutions, it was just so extreme the way that they were articulating that, they were in absolutely kind of smash everything up, shut it all down, start again … we were systematically in real trouble,” she said.


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UK manufacturers cut hiring plans amid 'sharp slowdown', survey finds    
UK manufacturers cut hiring plans amid 'sharp slowdown', survey finds
Heather Boushey, a member of the White House council of economic advisers, has told the Guardian that countries including the UK must ramp up green investment to reboot economic growth, boost energy security and protect against future inflation shocks.


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National Trust reports record £179m annual spend on conservation    
National Trust reports record £179m annual spend on conservation
Volunteers donated 3.4m hours in 2022-23 in historic homes, gardens, cafes and secondhand bookshops. More than 1m trees were planted and almost 17,000 hectares of new wildlife habitats were created by the end of 2022.


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US military asks for help to find missing F-35 fighter jet after 'mishap' sees pilot eject    
US military asks for help to find missing F-35 fighter jet after 'mishap' sees pilot eject
Based on the missing plane's location and trajectory, the search for the F-35 Lightning II jet was focused on Lake Moultrie and Lake Marion, said Senior Master Sergeant Heather Stanton at Joint Base Charleston. Both lakes are north of North Charleston.


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'Forever chemical' exposure linked to higher cancer odds in women    
'Forever chemical' exposure linked to higher cancer odds in women
In addition to Aung, the study was conducted by researchers affiliated with the Program on Reproductive Health and the Environment at the University of California, San Francisco; the University of Southern California; and the University of Michigan.


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Oil Pushes Closer to $95 a Barrel as Global Market Tightens Up    
Oil Pushes Closer to $95 a Barrel as Global Market Tightens Up
Still, other markers suggest a pullback could be in the offing after such a swift and marked move higher. Brent’s 14-day relative-strength index has been above 70 for nine of the past 10 sessions, pointing to the possibility that the rally could pause or retrace as traders digest gains.


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Carry Trade Mints 42% Profit and Sparks Push Into New Market    
Carry Trade Mints 42% Profit and Sparks Push Into New Market
“We still see the yuan as an attractive funding currency, given its low yields, low volatility and moderately expensive valuations,” said Alessio de Longis, head of investments at Invesco Solutions.


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Savers missing out on higher interest payments    
Savers missing out on higher interest payments
She said: “Even if you feel like you can’t set any more aside at the moment, the BSA’s research shows that reviewing where you’re holding your existing savings can make a real difference; savers could potentially pocket over £1,000 just by shopping around for better rates.”


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Marketmind: Chips are down    
Marketmind: Chips are down
One more little complication is the steady grind higher in oil prices to new highs that is stoking inflation concerns, just as central banks in most developed economies are at or approaching the end of their tightening cycles. Stagflation fears are rising.


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The $300 Trillion Question    
The $300 Trillion Question
Higher rates “makes expanding the business very much more difficult, very much more expensive, and very much more risky than it once was,” he says. “I, like many others, have cut back on my plans for expansion because I\'m not willing to bet the company on the chance that the economy will do well in the next few years.”


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