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Benefits of Coaching

What  are the benefits of executive coaching ? 

Executive coaching  is still a relatively new profession but it's growing rapidly as more and more leaders, executives and professionals recognise the benefits.  It is now a $multi billion industry world wide. 

                

The ‘Global Coaching Survey' conducted by Frank Besser Consulting in 2009 reached the following conclusion :

"Coaching is definitely a global phenomeneum; the top 10 countries with the highest number of coaches include an Asian; an African and a South American country.  However there remain extreme differences in the development and size of coaching markets depending on each continent and country.  Europe, North America and Australia - representing just 20% of the population - comprise 80% of all the business coaches in the world".

In their report 'Coaching and Buying Coaching Services' (2009) the Chartered Institute of Personnel & Development reported :

"Coaching has now come of age.  Where it was once novel and innovative, it has become a  routine intervention, with 71% of organisations using it as a method of developing people (CIPD 2008b).  It has spread far and wide, from the knowledge-based high value companies in the private sector through to the big pillars of the public sector ...

Organisations are increasingly mindful about how they use coaching as a part of organisational development, emphasising the importance of context and aligning coaching with the goals and purpose of the enterprise.  Even as the clouds of the economic downturn gather, coaching will remain as the management intervention best suited for the uncertain, ever-changing and dynamic business world we now inhabit".

The International Federatation of Coaching (IFC) has also conducted a number of studies on  the benefits of coaching.  The general consensus is that it offers the following benefits :

                                         For individuals ...

                                        Smile A higher level of self-awareness

                                        Smile Smarter goal setting

                                        Smile A more balanced life

                                        Smile Reduced stress levels

                                        Smile More self-confidence

                                        Smile Improved working relationships with clients

                                        Smile Improved working relationships with superiors

                                        Smile Improved working relationship with peers

                                        Smile Improved team work

                                        Smile Increased job satisfaction

                                        Smile Reduction of conflict

                                        Smile Greater focus

                                        Smile Increased organisational commitment

                                        Smile Greater career development

                                        Smile Release of potential and creativity

                                        Smile Removal of barriers and/or fears

                                        Smile Better overall performance at work

                                       Smile Greater resilience for handling challenges and/or change

                                        For companies ...

                                       Smile Increased profits and productivity

                                       Smile Increase in client attraction

                                       Smile Improved client service and quality

                                       Smile Executives making better decisions

                                       Smile Increased initiative and accountablity

                                       Smile Corporate momentum

                                       Smile More innovation and creativity

                                       Smile A solutions-driven culture

                                       Smile Executives with clarity of focus and purpose

                                      Smile Executives with concepts of the bigger vision and their part in it

                                      Smile A more engaged workforce

                                      Smile A happier and more supportive work place

 

To get a feel for some of the benefits my clients are experiencing go to testimonals.

 

 

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