The contribution that sport coaches make to society has received growing recognition among policy-makers over the last decade. Sport coaching is no longer only associated with professional and Olympic sport, trophies, and medals, and it is regularly proposed as an activity that contributes to the development of individuals, communities, and societies. Unfortunately, sport coaching has also been associated with negative outcomes, such as institutionalized doping, abuse of athletes, and match fixing. The level of scrutiny and expectations on coaches are higher than ever, and, therefore, more and more countries and sport organizations are examining how coaches are currently recruited, educated, developed, supported, employed, represented, and recognized. In the current landscape, the need to review the existing International Council for Coaching Excellence position statement on “Sport Coaching as a Profession,” written in 2011, is paramount. The 2021 position statement takes into account policy, practice, and research developments over the last decade to propose a way forward for sport coaching over the next 10 years.