The Coaching ROI
The goal of individuals and good management is to make the most of their personal and corporate potential. Investing in human potential is a vital part of individual and corporate growth. While coaching continues to be an effective tool in helping individuals and employees, there's a new, heightened focus on developing high potential performers and leaders.
Like any other investment, the cost of developing human potential should demonstrate a return. Recent reports include the following:
Coaching is a partnership that can inspire individuals to maximize their personal and professional potential and, in turn, take corporate performance to new levels.
Let's discuss your needs. Contact David today.
Like any other investment, the cost of developing human potential should demonstrate a return. Recent reports include the following:
- Companies that have used professional coaching for business reasons have seen a median return on their investment of 7 times their initial investment, according to a study commissioned by the International Coaching Federation, and conducted by PricewaterhouseCoopers and Association Resource Centre Inc. (ICF Global Coaching Client Study, 2009)
- A study commissioned by a professional services firm, and performed by MatrixGlobal showed that the ROI on coaching was 6.8x the initial investment. (The Business Impact of Leadership Coaching at a Professional Services Firm, Merrill C. Anderson, PhD, 2006)
- According to a study of senior level executives at Fortune 1000 companies who received developmental coaching, the average return from the programs was nearly 5.7 times the initial investment. (Maximizing the Impact of Executive Coaching, The Manchester Review, Volume 6, Number 1, Joy McGovern, et.al., 2001)
Coaching is a partnership that can inspire individuals to maximize their personal and professional potential and, in turn, take corporate performance to new levels.
Let's discuss your needs. Contact David today.