The Business Case for Coaching
The Harvard Business Review published a study that identified the links that lead to profitability and growth in a variety of organizations. They determined that leadership is the starting link in the chain.
Effective Coaching Results In:
- A 19% increase in average productivity
- Improved employee satisfaction and retention
- 4 times greater retention in information after training
- A 5-10 times greater ROI than training without coaching
Employees Who Are Coached:
- Outperform their peers (+27%)
- Are significantly more engaged (+25%)
- Apply more discretionary effort (+18%)
- Are 11% more promotable
Sources:
Gallup
Harvard Business Review
Hay Group
Goleman & Boyatzis
Corporate Executive Board