Coaching Results and Benefits

See for yourself". Read what others have to say about the power of executive and leadership coaching:

"Asked for a conservative estimate of the monetary payoff from the coaching they got, these managers described an average return of more than $100,000 " or about six times what the coaching had cost their companies." -- FORTUNE Magazine, 2/19/01, "Executive Coaching " With Returns a CFO Could Love"

Coaching has become a $1 billion a year industry in the U.S. --- J. Robertson. The Dallas Morning News, Aug. 2005

"Between 25 percent and 40 percent of Fortune 500 companies use executive coaches." -- Recent survey by The Hay Group, International

The Manchester survey of 140 companies shows nine in 10 executives believe coaching to be worth their time and dollars. The average return was more than $5 for each $1 spent. -- The Denver Post

Business coaching is a major growth industry. At least 10,000 coaches work for businesses today, up from 2,000 in 1996. And that figure is expected to exceed 50,000 in the next five years. Business coaching is also highly profitable; employers are now willing to pay fees ranging from $1,500 to $15,000 a day. -- The Economics of Executive Coaching. Harvard Business School Journal, July 2002

"Executive coaches are not for the meek. They're for people who value unambiguous feedback. All coaches have one thing in common, it's that they are ruthlessly results-oriented." -- FAST COMPANY Magazine.

Executive and Business coaching is growing at about 40% a year. -- The Economist, December 2002

"The goal of coaching is the goal of good management: to make the most of an organization's valuable resources." -- HARVARD BUSINESS REVIEW

"Once reserved for executives and professional athletes, personal coaches ... are going mainstream." -- Christian Science Monitor

The leaders of organizations such as Alcoa, American Red Cross, AT&T, Ford, Northwestern Mutual Life, 3M, UPS, American Standard, the federal governments of the United States and Canada are convinced that coaching works to develop people and increase productivity. -- Consulting to Management, Sept. 2002

"Executives and HR managers know coaching is the most potent tool for inducing lasting personal change." -- Ivy Business Journal

Employees at Nortel Networks estimate that coaching earned the company a 529 percent "return on investment and significant intangible benefits to the business, " according to calculations prepared by Merrill C. Anderson, a professor of clinical education at Drake University. " Psychology Today, January 2003

"Coaching is the number two growth industry right behind IT (Information Technology) jobs, and it's the number one home-based profession." " Starts Up Magazine

"I absolutely believe that people, unless coached, never reach their maximum capabilities". -- Bob Nardelli , CEO of Home Depot

"Who exactly seeks out a coach? Winners who want even more out of life." -- Chicago Tribune

"I never cease to be amazed at the power of the coaching process to draw out the skills or talent that was previously hidden within an individual, and which invariably finds a way to solve a problem previously thought unsolvable." -- John Russell, Managing Director, Harley-Davidson Europe Ltd.

"business coaching, a trend that"s exploding among small businesses and organizations nationwide. Its estimated that up to 20% of American small businesses are using them, up from 4%just four years ago and between 25 percent and 40 percent of Fortune 500 companies use executive coaches" -- Time Business News from a recent survey by The Hay Group, an International Human Resources consultancy

"Once used to bolster troubled staffers, coaching now is part of the standard leadership development training for elite executives and talented up-and-comers at IBM, Motorola, J.P. Morgan, Chase, and Hewlett Packard. These companies are discreetly giving their best prospects what star athletes have long had: a trusted adviser to help reach their goals." --

"What's really driving the boom in coaching, is this: as we move from 30 miles an hour to 70 to 120 to we go from driving straight down the road to making right turns and left turns to abandoning cars and getting motorcycles...the whole game changes, and a lot of people are trying to keep up, learn how not to fall." -- John Kotter, Professor of Leadership, Harvard Business School

For years, CEOs of some of the most successful and largest companies have relied on executive coaches. Henry McKinnell, CEO of Pfizer, Meg Whitman, CEO of eBay, and David Pottruck, CEO of Charles Schwab & Co., are just a few who rely on a "trusted adviser. " " The Business Journal, Nov. 2003

"Increasingly, nonprofit executives and managers are finding coaches a terrific sounding board and source of help in a demanding and complex job." -- Nonprofit World

CEO Coaches -- Few chief executives will talk about it. But more and more, they're turning to counselors for help in navigating the current corporate turmoil. -- Business Week, November 11, 2002

Research from Case Western Reserve University's Weatherhead School of Management shows that the impact of coaching-like training can last seven years. The emotional-intelligence skills coaches specialize in help CEOs create more productive cultures, which in turn drive up profits, according to Daniel Goleman, Annie McKee, and Richard Boyatzis in their recent book, Primal Leadership. Premier coaches--like good therapists or sponsors in 12-step programs--hold people accountable for sticking with new behavior. Says Goleman: "Without a coach, a lot of CEOs are likely to give up." -- Business Week, November 11, 2002

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