In high-performing organizations, coaching is a strategic investment. Yet when budgets tighten – which may be happening right now – decision-makers ask: “What are we getting for all that money?” The short answer is your investment in leadership coaching can deliver measurable results in retention, performance and skills.
Coaching enhances employee engagement by 72% (ICF)
Measuring coaching ROI starts with setting a baseline. Early in a coaching program, LAH Insight coaches gather data through feedback interviews with stakeholders to see where the Leader Being Coached (LBC) stands. Add in a personality style assessment and shadowing observations… and the ‘current state’ of the LBC becomes clear.
87% of companies see coaching as providing high value (FMI)
As coaching proceeds, the LBC and their coach co-create a written development plan with three or four goals that focus on the desired outcomes of their six-to-twelve-months’ work. This results in defined objectives, such as clearer strategic thinking, stronger decision-making and improved communication. The remainder of their coaching work explores situational experiences as the LBC embeds new skills and techniques.
96% of leaders would hire a coach again (ICF)
Coaching also creates a compounding effect beyond the LBC that provides further value to the organization. An executive who is even more self-aware has better leadership skills to drive alignment and trust. These improvements further enhance cross-team relationships.
Companies see a 7X return on cost of employing a coach (PWC)
Investing in coaching for your leaders provides high ROI when it’s intentional, measured and tied to business objectives. In fact, coaching is one of the most cost-effective ways for you to strengthen leadership, retain top talent and position your organization for sustainable success. That’s getting a lot for your money.