CORPORATE
COACHING BENEFITS
Coaching
is a collaborative and disciplined relationship.
Its function is to improve performance, working
relationships, and effectiveness. Business and
executive coaching has proven its benefits thousands
of times. Coaching benefits include:
- A
cost-effective and proven means to receive
direct feedback from an objective and respected
source.
- Convenient
executive improvement as they tailor the sessions
to fit within their busy schedules, without
having to leave their office.
-
Visible, quick and cost-effective results.
The return on investment raises skill level
and decision making ability with executives
who are committed to the coaching program.
-
Reduced burnout and stress levels for executives
and sales leaders participating in coaching
programs.
A 2000 study published in Business Wire and
conducted by Manchester Inc. (a career management
consulting firm) found that "…a company’s
investment in providing coaching to its executives
realized an average return on investment (ROI)
of almost six times the cost of the coaching."
The study revealed several specific improvements
experienced by companies that provided coaching
to its executives:
- Productivity
(reported by 53% of executives)
- Quality
(48%)
- Organizational
strength (48%)
- Customer
service (39%)
- Decrease
in customer complaints (34%)
- Retention
of executives who received coaching (32%)
-
Cost reductions (23%)
-
Bottom-line profitability (22%)
Executives who actually received the coaching
benefited in the following aspects:
- Improved
working relationships with direct reports
(reported by 77% of executives)
-
Improved working relationships with immediate
supervisors (71%)
-
Improved working relationships with peers
(63%)
-
Increased job satisfaction (61%)
-
Conflict reduction (52%)
-
Greater organizational commitment (44%)
-
Improved client relationships (37%)
PERSONAL
COACHING BENEFITS
How
is coaching helpful?
A coach works with you to . .
- Exceed
yourself continuously
- Do
more than you would have done on your own
- Set
and reach higher goals
- Produce
results more easily and quickly
- Reinforce
and sharpen desired skills so that you are the best you can be
"People
get focused and produce faster and easier results because they have
a coach."
But
how does a Coach help ME?
Your coach supports and challenges you to:
- Increase
your income
- Improve
your interpersonal relationships
- Find
your 'calling'; your passion
- Energize
your professional performance
- Focus
on improving your leadership skills
- Reduce
and manage stress
- Achieve
greater harmony in life and business
In
addition, your coach "stays with" you to:
- Keep
yourself accountable for your actions and focused on your vision
and values
- Maintain
a healthy balance between your personal and professional life
- Define
and implement strategies for your plan of action
- Solve
problems and overcome the inevitable hurdles on your success path
- Keep
looking ahead to new opportunities and goals
How
is coaching different from other professions?
- Consultants
say: Here's the solution.
(Coaches
assure you follow through.)
- Motivators
say: Here's the carrot & whip.
(Coaches assure that incentives change with you.)
- Trainers
say: Here's how to do it.
(Coaches
assure you master that knowledge.)
- Therapists
say: Here's why you're doing it.
(Coaches focus on what's right about you.)
- Mentors
say: Let me show you the ropes.
(Coaches assist beyond corporate ladders.)
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