So far, coaching has received more than a 90-percent satisfaction rate from company executives. Staff members who’ve received coaching also tend to be promoted more often than those who don’t participate in one-on-one coaching conversations.
A representative of Accenture’s worldwide leadership development practice in Boston says employers are shocked at how high their ROI numbers are for coaching. He recalls a large employer in the hospitality industry saved between $30 million and $60 million by coaching its top 200 executives.
To develop the global leadership skills necessary to meet the challenges and changes in today’s evolving business landscape, it’s vital to choose the right coaching path. Exceptional Coaching Solutions can assist you in a Coaching Plan of Action based on your specific goals which will help you sharpen your Top Executives and add value to your company.
A recent study of 100 executives, mostly from Fortune 1000 companies, by Manchester, Inc. concludes 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.