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00:00:00 – 00:06:14
The video addresses the importance of ethical practices in coaching, focusing on conflicts of interest and maintaining integrity. It emphasizes adhering to the ICF code of ethics, which includes honesty, confidentiality, and avoiding conflicts of interest. The scenario involves a coach facing a potential conflict when a client's new business competes with one the coach has invested in. Transparency, honesty, and acknowledging conflicts of interest are key principles discussed. The video also briefly mentions reviewing sample questions later on.
00:00:00
In this segment of the video, the scenario presented involves a coach meeting with a prospective client who mentions the name of their new business, which the coach recognizes as a competitor to a business they have invested in. The focus is on the core competency of demonstrating ethical practice as per the ICF website. This includes maintaining personal integrity and honesty, respecting client identity and values, adhering to the ICF code of ethics, maintaining confidentiality, and referring clients to other professionals when needed. The importance of avoiding conflicts of interest is highlighted, as outlined in the ICF code of ethics.
00:03:00
In this segment of the video, the speaker discusses the importance of ethics in coaching, particularly regarding potential conflicts of interest when an ICF professional holds multiple contracts with different individuals. The video highlights the need for transparency, honesty, and integrity in maintaining separate roles as an investor and coach. It emphasizes the ICF ethical standards and core competencies, suggesting that sharing the role as an investor in a competing business and acknowledging the conflict of interest with a client is the best course of action according to ICF recommendations. The speaker also identifies actions that should be avoided, such as not disclosing roles or subtly assessing competitive businesses.
00:06:00
In this segment of the video, the speaker mentions they will be reviewing sample questions and explaining the answers later, specifically covering numbers two to eight.