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“Across corporate America, coaching sessions at many companies have become as routine for executives as budget forecasts and quota meetings.” (Investor’s Business Daily)
The benefits of coaching within organisations has long been established and are highlighted in a recent study conducted by Manchester Inc., which quantifies the business impact of external executive coaching. The study included 100 executives, mostly from Fortune 1000 companies. Organisations that provided coaching to their executives realised improvements in productivity, quality, organizational strength, customer service, and shareholder value. They received fewer customer complaints, and were more likely to retain executives who had been coached. In addition, the investment in providing coaching to its executives realised an average return on investment (ROI) of almost six times the cost of the coaching.
Benefits to companies that provided coaching to executives included – improvements in:
· Productivity (reported by 53% of executives)
· Quality (48%)
· Organizational strength (48%)
· Customer service (39%)
· Reducing customer complaints (34%)
· Retaining executives who received coaching (32%)
· Cost reductions (23%)
· Bottom-line profitability (22%)
Benefits to executives who received coaching included – improved:
· Working relationships with direct reports (reported by 77% of executives)
· Working relationships with immediate supervisors (71%)
· Teamwork (67%)
· Working relationships with peers (63%)
· Job satisfaction (61%)
· Conflict reduction (52%)
· Organizational commitment (44%)
· Working relationships with clients (37%)
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Kyle Newman Kyle is a true leader and entrepreneur at heart. He thrives on working with people, both in groups and on an individual basis, and does so with great enthusiasm and professionalism. He is a talented coach and works with his clients to not only achieve their ‘external goals’ but to also really know and value themselves and build the confidence and inner-strength to be their best. He wants the people he works with to leave ‘standing strong’ - knowing that they are more than capable of going out into the world and creating the life they want, and taking whatever challenges come their way in their stride. He believes that life is an adventure to be lived and celebrated, not feared or hidden from. ♦ Kyle's Website ♦ Follow us on Twitter ♦ Find us on Facebook ♦ Kyle on Know No Limits TV
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