Very often people ask the question if coaching does help anything and my answer is always the same: “Yes it does!” Usually I would use personal examples to show how greatly coaching has helped me to change and to become more effective in whatever it was I wanted to do. But now I will use another perspective and show what different studies have found out:
A study of the ICF, executed be the PricewaterhouseCoopers and the Association Resource Centre Inc, has shown that companies who have used coaching to develop their leaders have had an average ROI which was 7 times higher than their investment.
SOURCE: ICF Global Coaching Client Study, 2009, available at: http://coachfederation.org/files/includes/media/docs/ExecutiveSummary.pdf
Merrill C. Anderson, a Professor at Drake University, deduced a ROI of 7,8 for the Nortel Networks company after they have been investing in a coaching program.
SOURCE: Case Study on the Return on Investment of Executive Coaching, Merrill C. Anderson, PhD, 2001, available at: http://www.gvasuccess.com/articles/ExetutiveBriefing.pdf
A study shows an average ROI of 5,7 for executive coaching in fortune 1000 companies in the USA.
SOURCE: Maximizing the Impact of Executive Coaching, The Manchester Review, Volume 6, Number 1, Joy McGovern, et.al., 2001, available at: http://de.slideshare.net/patweiland/coaching-roi
Thanks for reading.