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marksherwood
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« on: August 25, 2006, 01:11:27 PM » |
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Hi all,
Hope you may be able to help.
Does anyone know of any 'hard' (documented) evidence of return on investment from business / executive coaching ?
If so a few 'links' would be appreciated.
Thanks in advance,
Mark
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marksherwood
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« Reply #1 on: August 25, 2006, 01:13:45 PM » |
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Apologies,
The above shuold perhaps have been posted in the 'business' threads.
Mark
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peter108
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« Reply #2 on: August 27, 2006, 05:05:59 PM » |
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Hi Mark
I lifted this from another site which was lifted by some one else. Hows that for lack of referential index.
Lifted from an article by Jay MacDonald:
According to a 2001 MetrixGlobal study of one Fortune 500 company, executive coaching returned more than $5 for every $1 spent, 529 percent, in significant financial and intangible benefits to the company. When the financial benefits of employee retention were rolled into the mix, the ROI was nearly eight to one, 788 percent.
In the 2002 study, "The Economics of Executive Coaching," Harvard Business School Journal estimated that there were at least 10,000 coaches working in business, up from 2,000 in 1996. That figure was expected to grow to 50,000 by 2007. The International Coach Federation lists 8,461 members and more than 132 chapters in 34 countries. Companies reportedly pay fees ranging from $1,500 to $15,000 per day.
"It's certainly a hot item right now," admits Michael Markovits, vice president of global executive and organizational capability, who oversees IBM's in-house executive coaching. "We've done research to show that leadership behavior has a direct impact on climate, and climate has a direct impact on business results. We invest in leadership development because we believe we're going to be a better-performing company as a result."
Hope this helps you.
Peter
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Advanced NLP Therapeutic Specialist .SNLP
Master Practitioner NLP. SNLP
Dip/HPD Cognitive Hypnotherapy
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marksherwood
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« Reply #3 on: August 29, 2006, 01:35:00 PM » |
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Thanks Peter,
P.S. ssshhh..it was me that posted the same question on NLP Connections...lol
Cheers
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peter108
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« Reply #4 on: August 29, 2006, 06:02:24 PM » |
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Mark
if I'm not mistaken , we were sitting together at the Master prac in London on the first day were we not?
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Advanced NLP Therapeutic Specialist .SNLP
Master Practitioner NLP. SNLP
Dip/HPD Cognitive Hypnotherapy
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marksherwood
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« Reply #5 on: August 30, 2006, 08:19:30 AM » |
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Yes !!
Thought you looked familiar !!
You must excuse me for not recognising you from your pic (after all..i have slept since then ...lol)
Hope you got as much out of it as i did.
Cheers,
Mark
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anna
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« Reply #6 on: August 30, 2006, 06:11:48 PM » |
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I sat next to you to Mark; you were a newspaper reporter then, Ha! Ha! Hello Mate Love Anna  . |
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marksherwood
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« Reply #7 on: August 31, 2006, 11:19:58 AM » |
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Hi Anna, I think the less said about that particular excercise..the better  How are you mate ? Mark |
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anna
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« Reply #8 on: August 31, 2006, 06:41:16 PM » |
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Hi Mark Fully recovered, and shinning bright. Interesting what happened in the media in the following mouths after the excercise We may well have been experiencing future happenings! Food for thought!!! Love Anna . |
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