Coaching for leaders and managers has become the most widely used management consulting service in American corporations in the last decade. More and more leading companies use Coaches to improve their bottom line, as evidenced by the following excerpts from Fortune Magazine, Harvard Business Review and The Conference Board.
“Coaching is attracting America’s top CEO’s because, put simply, [it] works……..managers described an average return of more than $100,000, or about 6 times what the coaching had cost their companies”.
“Many of the world’s most admired corporations, from GE to Goldman Sachs, invest in coaching. Annual spending on Coaching in the U.S is estimated at roughly $1 Billion”.
Harvard Business Review
“Today more than ever we face unprecedented change in our organizations that focuses our energy on preparing leaders to meet these new challenges. One of the most innovative and adaptable applications is Executive Coaching.”
The Conference Board
Recent studies on the value of Coaching for Leaders report:
Could You or Others in Your Organization Benefit from Executive Coaching?
The answer is yes if you answer ‘NO’ to any of these questions:
Coaching can turn average managers into awesome leaders!
Manchester, “Executive Coaching Yields Return on Investment of Almost 6 Times in Costs”, Jan, 4, 2001. MetrixGlobal, “Executive Briefing: Case Study on the Return on Investment of Executive Coaching”, Nov.2, 2001