“Coaching is unlocking a person’s potential to maximize their own potential. It is helping them to learn rather than teaching them.”
Why is coaching a good investment?
Research is clear that coaching provides hard benefits in terms of business results, as well as significant impact in employee morale, engagement,and retention of top talent.
In a landmark study on the hard return on investment from coaching, the Manchester Group found that the average return on investment in coaching was six to one. Other studies corroborate this finding with ROI multiples of six to eight.
Here are graphs summarizing how often survey respondents mentioned the most common benefits for the company and for the individuals being coached: