What’s in it for your Organization (ROI and more)
There are now hundreds of independent studies and 5 reputable global studies that demonstrate the return on investment of Executive Leadership Coaching ranges anywhere from 100%-788%.
In 2008, The ICF (International Coach Federation) commissioned independent research firms PricewaterhouseCoopers and Association Resource Centre Inc. to jointly conduct a groundbreaking study which provides comprehensive information about coaching clients, their decision making process and their opinions about professional coaching. “This study shows 86 percent of companies that use or have used coaching report at least a 100 percent return on their initial investment, as well as a significant impact in other client goal areas.” Final Report of ICF Global Coaching Client Study.
The research on hard dollars invested and what they return is widely available. Instead of rehashing this I am going to expand on what I believe to be additional considerations for organizations looking at whether to add Executive Leadership Coaching to their suite of leadership and executive development offerings. Here is my Top 10 list of What’s in it for your Organization (beyond a demonstrated ROI):
Leaders who are more intentional and fulfilled
Leaders who are more self aware and model a growth mindset
Leaders who are confronting their living and working habits to model a sustainable life
Leaders who are learning how to create psychologically safe and productive teams
Leaders who communicate more effectively
Leader who are more strategic
Leaders who are more accountable
Leaders who are skilled at developing relationships
Leaders who listen better and reach clarity faster
Leaders who are more agile and who can pivot more quickly with organizational and contextual shifts
A good Executive Leadership Coach will work with your leaders to create the results listed above. An exceptional Executive Leadership Coach will align with your vision and augment the results you are looking to create with your leadership and executive development programs.