Documented Benefits of Executive Coaching
- A study by MetrixGlobal showed average returns of $7.90 for every $1 invested.
- Another study by MetrixGlobal in Fortune 500 firms reported a 529% return on investment & significant intangible benefits.
- A study by Manchester Inc. of 100 executives found an average return on investment of almost six times the cost.
- An internal report of the Personnel Management Associations showed an increase in productivity of 86% for coaching combined with training vs. only a 22% productivity for training alone.
- A Hay Group Study of Fortune 500 companies found that up to 40% utilize Executive Coaching, and it was seen as standard leadership development for elite executives and talented up-and-comers.
- In 2001, a study by Manchester Inc. showed an average return on investment of 5.7 times initial costs.
Benefits Reported by a Significant Percentage of Executives Receiving Coaching
- Increase productivity
- Improvements in quality
- Better organization
- Improved customer service
- Reduction in customer complaints
- Improved retention of executives
- Increased bottom line profitability
- Greater organizational commitment
- Better working relationships with direct reports, peers, & supervisors
- Improvements in client working relationships
- Increase job satisfaction
- Reduction in workplace conflict
- Cost reductions
- Increased teamwork
