Managerial coaching is a practical way to apply leadership theory. It is a process of helping managers and executives improve their leadership skills. The benefits of managerial coaching are many, but the most notable are: The executive can learn to identify his own strengths and weaknesses as a leader and work on them. The executive will have better interpersonal skills and be able to manage conflict more effectively. The executive will be able to collaborate and delegate more effectively. The executive will be less stressed, less frustrated, more confident, and more energized by the end of the coaching process.