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%)
To
see how Plan B Consulting can produce results for you,
contact Stacy
......