What coaching can do for you
“Everyone needs a coach. It doesn’t matter whether you’re a basketball player, a tennis player, a gymnast or a bridge player.”
- Bill Gates, Microsoft Founder & CEO
“The goal of coaching is the goal of good management: to make the most of an organization’s valuable resources.”
- Harvard Business Review
Since 2005, Discerning Leadership™ has been personalizing coaching programs for C-level Executives (CEOs, COOs, CFOs, CHROs), Physicians and Nurse Leaders, Business Owners and Non-profit Directors to suit their unique goals and needs.
Coaching focuses on:
• Identifying and overcoming hidden barriers that impact the way leaders communicate
• The ability to successfully overcome significant challenges like deteriorating employee performance, severe project delays and the loss of key clients or employees
• Creating high-functioning, collaborative teams who have minimal conflict
• The ability to align and coordinate actions across the organization in a way that achieves goals
• The skill to manage stress in an increasingly complex and fast-moving world
What's the Return On Investment (ROI) of Coaching?
According to the International Coach Federation (ICF), the leading professional coach association, for every dollar invested, there is an average return of $4.30 to $7.90. They also found that training combined with coaching increases productivity by four times more than training alone. This is especially relevant given that almost 85% of training content is forgotten after two weeks.
In a separate survey, Fast Company magazine found that 92% of leaders who have been coached said that they plan to hire a coach again.
Organizations that provide coaching report benefits through improvements in:
– Customer service and reduced customer complaints
– Employee retention, especially among those receiving coaching
– Cost reduction and bottom line profitability
The managers and directors receiving coaching report these benefits:
– Improved working relationships with direct reports, supervisors, peers and customers
– Reduction in conflicts
– Increase in organizational commitment
– Acceleration of change initiatives
– Improved employee engagement scores
– Ability to move into a leadership role
– Improved team performance
– Significant improvements in productivity and use of time
– Greater job satisfaction and fulfillment
- Reduced stress
The best way to measure the return on investment for executive coaching is by identifying specific challenges that your organization wishes to address with coaching. Then we can set specific goals and ways to measure progress throughout the coaching process. That way, measurement and results are baked in and you are more likely to achieve the return on investment you seek.
Useful articles on coaching
1. What CEOs really want from coaching -- Harvard Business Review, Mar 2013
2. Five Reasons Why CEOs Need to be Coached -- Entrepreneur magazine, May 2016
3. Want to get great at something? Get a Coach TED talk by Dr. Atul Gawande
According to the International Coach Federation (ICF), the leading professional coach association, for every dollar invested, there is an average return of $4.30 to $7.90. They also found that training combined with coaching increases productivity by four times more than training alone. This is especially relevant given that almost 85% of training content is forgotten after two weeks.
In a separate survey, Fast Company magazine found that 92% of leaders who have been coached said that they plan to hire a coach again.
Organizations that provide coaching report benefits through improvements in:
– Customer service and reduced customer complaints
– Employee retention, especially among those receiving coaching
– Cost reduction and bottom line profitability
The managers and directors receiving coaching report these benefits:
– Improved working relationships with direct reports, supervisors, peers and customers
– Reduction in conflicts
– Increase in organizational commitment
– Acceleration of change initiatives
– Improved employee engagement scores
– Ability to move into a leadership role
– Improved team performance
– Significant improvements in productivity and use of time
– Greater job satisfaction and fulfillment
- Reduced stress
The best way to measure the return on investment for executive coaching is by identifying specific challenges that your organization wishes to address with coaching. Then we can set specific goals and ways to measure progress throughout the coaching process. That way, measurement and results are baked in and you are more likely to achieve the return on investment you seek.
Useful articles on coaching
1. What CEOs really want from coaching -- Harvard Business Review, Mar 2013
2. Five Reasons Why CEOs Need to be Coached -- Entrepreneur magazine, May 2016
3. Want to get great at something? Get a Coach TED talk by Dr. Atul Gawande