03 - Power of Executive Coaching

Sara Sheehan presents a strong case for the value of executive coaching for your business. The return on investment that can be achieved with coaching has been studied numerous times and Sara goes through revealing statistics about real-life results.

More business people than you may think are likely employing the services of an executive coach. They may not reveal it publicly but studies about coaching benefits make a compelling case and many businesses have taken heed. A 2001 study by a Fortune 500 firm and a coaching services group revealed that coaching produced a 529% return on investment. 

In this episode, Sara Sheehan details exactly what types of results and ROI you can expect to produce with executive coaching. These are benefits that are both tangible - productivity increases, bottom line profitability increases, and so on - and intangible - improved client relationships, reduced conflict, and more. Sara breaks down the studies done on executive coaching then describes what to expect when you enter a one-on-one executive coaching relationship. Questions you may have about coaching efficacy are answered here. 

Resources discussed in this episode:

• “Executive Briefing: Case Study on the Return on Investment of Executive Coaching”, prepared by: Merrill C. Anderson, Ph.D. MetrixGlobal, LLC, November 2, 2001
• “Maximizing the Impact of Executive Coaching: Behavioral Change, Organizational Outcomes, and Return on Investment” by Joy McGovern, Ph.D., Michael Lindemann, Ph.D., Monica Vergara, M.A., Stacey Murphy, Linda Barker, M.A., & Rodney Warrenfeltz, Ph.D., The Manchester Review, Volume 6, 2001
• 2020 ICF Global Coaching Study, Executive Summary
• “How’s Your Return on People?” by Laurie Bassi and Daniel McMurrer, Harvard Business Review, March 2004

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