A Cost-Effective Investment Delivering Immediate and Lasting Bottom-Line Results
The research literature is clear; Individual and Group coaching are among the most cost-effective, high-impact ways to change mindsets, behaviors, culture and organizational dynamics, delivering significant short- and long-term return-on-investment (ROI).
- The International Coach Federation’s 2009 Global Coaching Client Study reported a median return of 7 times the initial investment. 19% indicated a measured ROI of at least 5,000%.
- A Manchester Review study calculated ROI of 5.7 times the initial investment in coaching. 75% of the sample surveyed indicated the value of coaching was “considerably greater” or “far greater” than the money and time invested.
- A Public Personnel Management Study found that companies that offer training alone experience 22.4% increase in productivity, but when combined with coaching that figure rises to 88%.
- A Fortune Magazine poll of senior executives found that a conservative estimate of the monetary payoff from coaching is an average return of more than six times the cost.
- A 2001 Federal Bureau of Prisons “Federal Probation” literature review found that companies who combine coaching with training increase employee productivity over 80%.
And while a 2010 Conference Board Coaching Study confirmed that most formal program evaluation occurs in larger organizations, smaller ones can also greatly benefit from Individual and Group Executive Coaching and Leadership Development.
To learn more, contact HDev.