Coaching has been defined in a
doctoral level study as:
A relationship where a coach
supports, collaborates with and facilitates client learning by
helping a client to identify and achieve future goals through
assessment, discovery, reflection, goal-setting and strategic
action. (Brenda Wilkins, Ph.D., University of Montana)
Measuring
Coaching Effectiveness -- A study* published in late 2001 looked
at the behavioral change, organizational outcomes and return on
investment from executive coaching as a leadership development
practice.
It included 100 U.S. executives, 66 males and 34 females holding
positions of vice president or above, who completed coaching
programs from six to twelve months in duration. The study
proposed that coaching translates into action, which translates
into business impact, which impact can be quantified and
maximized.
Overall
the study showed a 5.7 times return on the initial investment in
coaching.
The
executives who received coaching reported the following benefits
as tangible business impacts (% = frequency impact reported):
- Productivity
(53%)
- Quality
(48%)
- Organizational
strength (48%)
- Customer
service (39%)
- Reduced
customer complaints (34%)
- Company
Retention of Executives who received coaching (32%)
- Cost
Reductions (23%)
- Bottom
Line Profitability (22%)
- Top
Line Revenue (14%)
- Reduced
turnover (12%)
The
executives who received coaching also reported intangible business
impact benefits through improved:
- Relationships
with direct reports (77%)
- Relationships
with immediate supervisors (71%)
- Teamwork
(67%)
- Relationships
With Peers (63%)
- Job
Satisfaction (61%)
- Reduced
Conflict (52%)
- Increased
Organizational Commitment (44%)
- Relationships
With Clients (37%)
*Study
conducted by McGovern, Lindemann, Vergara, Murphy, Barker and
Warrenfeltz with Manchester, Inc.