According to a recent article in the Havard Business Review, professional coaches are no longer only employed to assist toxic leaders, but to help existing managers and supervisors develop professionally. The article stated the top three reasons to hire an executive coach are:
- 48% of those surveyed stated they hired a coach to develop high potentials or facilitate a transition
- 26% stated that coaches act as a sounding board
- And 12% engaged coaches to address derailing behavior
From the International Coach Federation, according to their studies and research, these are some of the performance improvement you or your organization can experience from having a qualified unbiased 3rd party participant.
Benefits of Using a Coach
Professional coaching brings many wonderful benefits: fresh perspectives on personal challenges, enhanced decision-making skills, greater interpersonal effectiveness, and increased confidence. And, the list does not end there. Those who undertake coaching also can expect appreciable improvement in productivity, satisfaction with life and work, and the attainment of relevant goals.
Professional coaching maximizes potential and, therefore, unlocks latent sources of productivity.
Building the self-confidence of employees to face challenges is critical in meeting organizational demands.
Return on Investment
Coaching generates learning and clarity for forwarding action with a commitment to measurable outcomes.The vast majority of companies (86%) say they at least made their investment back.
Virtually all companies and individuals who hire a coach are satisfied.
More information on benefits of coaching can be found in the ICF Research Portal, including case studies and industry reports.
Source: ICF Global Coaching Client Study was commissioned by the ICF but conducted independently by PricewaterhouseCoopers.