WHAT IS THE RETURN ON INVESTMENT(ROI) ON EXECUTIVE COACHING?
A 2001 Manchester study of 100 executives from Fortune 1000 companies found that the average ROI (return on investment) was 5.7 times the initial investment after a typical Executive & Leadership Coaching Assignment.
It helps the Executive stay motivated and able to clarify objectives and goals; align values, and actions. The Coach enables the Executive to be accountable for their own success; stay focused, reinforce behaviour that need changing and realigning and gives validated techniques on work and life integration.
WHAT CAN YOU EXPECT FROM YOUR COACH?
Confidentiality; reliability; specialty knowledge and training related to behaviour change and leadership; challenging, supportive, honest and direct feedback; objectivity; commitment to client agenda and growth.
WHAT OVERALL BENEFITS YOU CAN EXPECT FROM COACHING?
In the study by Manchester Inc., Executives reported coaching related organizational level improvement in a variety of areas including:
– Organizational strength
– Customer service
– Reducing customer complaints
– Retaining executives who received coaching
– Cost reductions
– Bottom-line profitability
Among the benefits to Executives who received coaching were improved:
– Working relationships with direct reports
– Working relationships with immediate supervisors
– Working relationships with peers
– Job satisfaction
– Conflict reduction
– Organizational commitment
– Working relationships with clients
These kinds of results are repeated over and over when our highly educated Coaches are retained as Business Partners.
HOW LONG DOES IT TAKE?
Our Executive Coaching engagements are normally 3 – 6 – 12 months in duration based on the needs of the individual and/or the organization.