Study Shows Executive Coaching Produces 6X Return

 
DALLAS - Jan. 8, 2015 - PRLog -- According to a recent study on Personal Development, here are the principle forces that drive organizations and leaders use of Executive Coaching:

1. Rapidly evolving business environment
2. Individual responsibility for development
3. Financial costs of poor performance
4. Popular development strategy
5. Supports other learning
6. Employees request coaching
7. Need for lifelong learning
8. Improves decision-making
9. Targeted, just-in-time development

Interestingly,Fortune Magazine says that for every dollar spent on Executive Coaching, the ROI is $6+.  In addition to Executive Coaching, Legacy Leadership Coaching has become increasingly popular. As leaders consider retirement, or even moving on to a different organization, many desire to leave behind an enduring reputation for being the catalyst for the development and growth of the organization and individuals within it.  An example of leaders that have left an indelible mark in the world of leadership are Jack Welch and Steve Jobs.

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Edward Lewellen
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Tags:Coaching, Executive, Business, Jack Welch, Steve Jobs
Industry:Financial, Hotels
Location:Dallas - Texas - United States
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