Business & Executive coaching empowers the person behind the business process
Every year, billions are spent on business process improvements, organisational development and change management initiatives to achieve operational excellence and maximum profitability, Business & Executive coaching can change this.
More and more companies worldwide are realising though that these initiatives are much more effective and sustainable in the long run when they leverage business and executive coaching to empower the person behind the process.
Some of the reasons for this is that coaching unlocks people’s full potential so that they can function optimally. It enables them to process the facts before them and see it for what it is. It lets them tap into their own power to solve issues and design solutions in the moment. And it encourages them to take responsibility for their actions, whilst understanding the full consequences of it.
Facts and figures that build a case for business coaching
Improved productivity and enhanced performance.
A host of different studies from business leaders such as Sean Covey and Rod Collins illustrate the following: reengineered business processes on average produce an increase of between 3-5% in productivity, whilst initiatives that incur changes in the human capital of organisations achieve improvements of between 300-400%.
Research from the International Coaching Federation (ICF) also shows that companies who utilise professional business coaching on average achieve the following: a 70% improvement in work performance, a 61% improvement in business management, a 57% improved in time management and a 51% improvement in team effectiveness.
A team that is positive and engaged.
A 2011 study conducted by Europe’s Institute of Leadership and Management (ILM) concluded amongst other that coaching at its best ‘is a key change management tool can deliver considerable benefits, helping managers get the most from their teams, boosting employee engagement and developing high performing workplaces.’
An ICF survey furthermore indicated the following outcomes of organisations that deployed professional business coaches: 80% of their people’s self-confidence has improved, 73% had improved relationships, 72% benefitted from improved communication skills and 67% of their employees’ wellbeing improved as they were empowered to create work/life balance.
Investing in people pays.
86% of organisations who participated in the ICF’s survey confirmed that they made their investment back as the coaching resulted in a clear direction, which was supported by dedicated actions with measurable outcomes.
Executive Coaching… A way for leaders to know the way, go the way and show the way.
John C. Maxwell said that a leader is someone who knows the way, goes the way and shows the way. But business leaders also sometimes need someone to show them the way.
This is because they often function in isolation as they have to solve issues and make critical decisions that shape the destiny of so many others all on their own.
Executive coaching creates a safe, confidential and completely objective platform for business leaders to explore their options, realign their strategies and come up with solutions to problems.
Executive coaching also helps to create authentic leaders, who are able to inspire and empower those around them; to encourage others to operate honestly and transparently. And to stimulate self-expression that in turn leads to creativity and innovation.