The Business Case for Coaching
Over the last 2 decades coaching has become very prevalent. As business continues to accelerate and evolve, coaching is a highly effective practice which supports change efforts. It’s a powerful leadership instrument. And yet, it’s not really being practiced well by many managers or leaders. Only exceptional leaders have realized it’s significant and power to develop team members and to achieve exceptional business results. Bersin research outlines this business case for coaching: Organizations that effectively prepare managers to coach are:
· 130% more likely to realize stronger business results
· 33% better at engaging employees
Organizations reporting "excellent" cultural support for coaching experience:
· 13% stronger business results
· 39% stronger employee results, including engagement, productivity and customer service
Organizations whose senior leaders “very frequently” make an effort to coach others have:
· 21% higher business results
What would these improved results mean to your business? My guess is that they would go a long way in achieving your strategic plan. Drop me a line and let’s get the conversation started about bringing coaching into your organization.