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Does executive coaching achieve results?

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What is the impact of coaching, if any, within your organisation?

And what benefits can you hope to gain as a result of being coached?

These reseach findings answer these questions:

In a recent study by the International Coach Federation, quoted by the CIPD (*) individuals reported a range of benefits from those who use coaches in the world of work.

  • Increased self awareness - 68
  • Better goal setting - 62%
  • More balanced life - 61%
  • Lower stress levels - 57%
  • Enhanced self discovery - 53%
  • Increased confidence - 52%
  • Improved quality of life - 43%
  • Enhanced communication skills - 40%
  • Increased project completion - 36%
  • Improved health and fitness - 34%
  • Better relationships with co-workers - 33%
  • Better family relationships - 33%

Further, the Manchester Review(**) claims that the return on investment (ROI) from coaching senior executives can be up to 5.7 times the original outlay.

Other examples from business impact studies of coaching include (***):

  • 28% of coaching clients in one study claimed they had learned enough to boost quantifiable job performance-whether in sales, productivity or profits-by $500,000 to $1 million.
  • In a study on executive coaching ROI, a large employer in the hospitality industry saved between $30 million and $60 million by coaching its top 200 executives.

In a survey of 4000+ US corporations on their involvement with corporate coaching, the primary benefits of coaching reported are (in order):

  • Improved individual performance
  • Bottom line results (including profit)
  • Client service and competitiveness
  • Development of people for the next level, including confidence raising, skills and self empowerment, goal achievement, relationship improvements, and retention.

For information about Roger's coaching services click here.

What is business saying about coaching?

"In a 2004 survey by Right Management consultants, 86 percent of companies said they used coaching to sharpen skills of individuals who have been identified as future organizational leaders."
Excerpt from "What An Executive Coach Can Do For You" Harvard Business School.

"Business coaching is attracting America's top CEOs because, put simply, business coaching works. In fact, when asked for a conservative estimate of monetary payoff from the coaching they got... managers described an average return of more than $100,000, or about six times what the coaching had cost their companies."
FORTUNE Magazine

"Coaches are not for the meek. They're for people who value unambiguous feedback. All coaches have one thing in common. It's that they are ruthlessly results-oriented."
FAST COMPANY Magazine

"I absolutely believe that people, unless coached, never reach their full potential."

Bob Nardelli, CEO, Home Depot

"I never cease to be amazed at the power of the coaching process to draw out the skills or talent that was previously hidden within an individual, and which invariably finds a way to solve a problem previously thought unsolvable."
John Russell, Managing Director, Harley-Davidson Europe Ltd.


References:

* CIPD Guide - Coaching and buying coaching services

** The Manchester Review 2001 Volume 6 Number 1

*** Source: Chemistry Business magazine, "The Case for Executive Coaching," November 2002 International Coach Federation and Linkage, Inc, "Analysis of the 1999 Survey on Coaching in Corporate America", November 22, 1999

**** International Coach Federation and Linkage, Inc, "Analysis of the 1999 Survey on Coaching in Corporate America", November 22, 1999




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Created & produced by Roger Edward Jones
Guiding executives and organisations to achieve their full potential
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Copyright 2001 - 2009 Roger Edward Jones
Roger's Bio

Roger's focus:  Guiding executives and organisations to unlock their potential and maximise their performance. Business established in 2001.  Previous: 20 years progressive business experience to senior leadership roles. MBA degree (Cranfield),  Conducted business in over 40 countries.  For more details click here.

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