|
Independent Research
Coaching is proven to deliver outstanding results.
Manchester Inc, the global leader in
customised executive coaching programmes, released the results of a study
(January 2001) that looked into the business impact of executive coaching.
The study included 100 executives, mostly from the top 1000 Fortune companies.
The study showed that executive coaching produced a return on investment
of almost 6 times the initial investment on average, as well as significant
intangible benefits to the business. Amongst the benefits to executives
who received coaching were 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%)
Organisational commitment (44%)
Working relationships with clients
(37%)
Among the benefits to companies that provided coaching to executives
were improvements in:
Productivity (reported by 53%
of executives)
Quality (48%)
Organisational strength (48%)
Customer Service (39%)
Reducing Customer Complaints
(34%)
Retaining Executives who received
coaching (32%)
Cost reduction (23%)
Bottom line profitability (22%)
Research by the International Personnel
Management Association (IPMA), results of which were published
in January 2001, concluded that "ordinary training typically increased
productivity by 22%, while training combined with life coaching increased
productivity by 88%.
Research by Vision Quest Consulting 2001,
found that of all clients interviewed:
100% increased their ability
to deal with business challenges by 75% or more
88% improved their job satisfaction
by 75% or more
80% improved their ability to
stay focused under pressure
78% increased their productivity
at work by at least 50%
Research by the Chartered Management
Institute and Campaign for Learning - "Coaching at Work". Results
issued in a press release dated 16th May 2002:
80% of executives say they
think they would benefit from coaching at work and dismiss the suggestion
that coaching is just another fad
Virtually all managers (96%)
think coaching should be available to every employee, regardless of seniority
85% of managers say the main
value of coaching is in enhancing team morale
80% of managers value coaching
for generating responsibility on the part of the learner
2002 Survey of UK organisations conducted
by The Chartered Management Institute and Campaign for Learning, supported
by Lloyds TSB.
While 33% of respondents had received coaching themselves, 80% believe
that they would benefit from coaching/more coaching in their place of
work while 93% believe that coaching should be available to all employees.
Coaching was perceived as great benefit in a range of areas. Not surprisingly
development of task-specific skills was seen important but, as if to confirm
the great value of "soft skills" within the working environment,
Managers also felt they wanted more support to develop personal effectiveness,
emotional intelligence, assertiveness or communication skills. All of
these are areas where coaching can have a real impact in a short period
of time.
HR Survey 2002 - LEE HECHT HARRISON
surveyed 488 Human Resource professionals to learn how coaching is being
used in their organisations.
Companies are increasingly turning to coaching for leadership development,
style issues and talent retention, so it makes sense that 55% of respondents
said that their organisation uses coaching as a one-on-one process intended
to maximize management and leadership potential and 54% do so to change
behaviours. A surprising number of respondents indicated that their organisation
uses coaching for personal/psychological counselling (36%), advice on
appearance or attire (13%) or preparation for a major speech or presentation
(11%)
Coaching at Work, Chartered Management
Institute.
The number of managers receiving
coaching increased from 58% in 1996 to 77% in 2000.
80% of Managers believe that
they would benefit from coaching/more coaching in their place of work.
93% of managers believe that
coaching should be available to all employees regardless of seniority.
Karen is an extraordinary
coach and I feel rewarded by our success
Lisa Bailey
Consultant Leading Marketing Recruitment Firm
|