the ROI of coaching

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• Research conducted by MetrixGlobal on coaching at a Fortune 500 company showed that coaching produced a 529% return on investment and significant intangible benefits to the business. Including the financial benefits from employee retention boosted the overall ROI to 788%.
• A landmark study commissioned by Right Management Consultants found a return-on-investment of dollars spent on executive coaching of nearly 600%. Executives engaged in coaching reported increases in productivity, improvement in relationships with direct reports and colleagues and greater job satisfaction.
• According to a study by the Manchester Consulting Group, organizational benefits from executive coaching include:
  • Improved Relationships 77%
  • Improved Teamwork 67%
  • Improved Job Satisfaction 61%
  • Improved Productivity 53%
• An International Personnel Management Association survey found that productivity increased by 88 percent when coaching was combined with training (compared to a 22 percent increase with training alone).
• Studies completed by the American Society for Training and Development showed a ROI of 5 times the cost of coaching.

• “Many of the world’s most admired corporations, from GE to Goldman Sachs, invest in coaching. Annual spending on coaching in the United States in estimated at roughly $1 billion.”

  Harvard Business Review

• “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

• “Business coaching is attracting America’s top CEO’s because, put simply, business coaching works. In fact, when asked for a conservative estimate of monetary payoff from the coaching they got….managers described an average return of more than $100,000 or about six times what coaching had cost their companies.”

  Fortune Magazine

• “[A Coach] is part advisor, part sounding board, part cheerleader, part manager and part strategist.”

  The Business Journal

• "Between 25 percent and 40 percent of Fortune 500 companies use executive coaches."

  The Hay Group International

• "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."

  CNN.com

• “In a 2004 survey by Right Management consultants, 86% of companies said they used coaching to sharpen skills of individuals who have been identified as future organizational leaders.”

  Harvard Management Update

• “A coach may be the guardian angel you need to rev up your career.”

  Money Magazine