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Thinking about coaching?
Read this.
(For complete details on the What, Why and How, please see the
Executive Coaching page.)
Benefits:
"Coaching programs delivered an average return on investment of 5.7 times the
initial investment in a typical executive coaching assignment, or a return of
more than $100,000, according to executives who estimated the monetary value of
the results achieved through coaching."
Business Wire, Jan. 4, 2001
"In one study, training alone increased productivity by 22 per cent. When
training was paired with coaching, productivity increased by 88 per cent."
CEO Refresher, 2001
"Corporations believe that coaching helps keep employees and that the dollar
investment is far less than the cost of replacing an employee."
Time Magazine, Sept. 25, 2000
"One study of 100 executives receiving coaching documented benefits in
productivity, quality, organizational strength, customer service, reducing
complaints, executive retention, and profitability."
Business Wire, 2001
"Experience shows that coaching pays off in real dollars in both the areas of
business results and employee retention."
Fortune, May 1, 2002
Due Diligence: Before you hire a coach
"A business coach should be hired only after reviewing and verifying the
coach's level of education, training and credentials; confirming of the coach's
industry experience; investigating the coach's skills; agreeing on what
diagnostic instruments and interventions will be used; considering the
projected ROI and establishing how coaching will be measured and evaluated. A
reputable coach will welcome the opportunity to explain his or her specialty."
The Business Journal/CEO Refresher, June 22, 2001
©2003 The Levin Group LLC.
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