An CoppensFounder, owner and chief game changer at Gamification Nation | Speaker | Author em Gamification Nation
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Key executive coaching statistics
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An Coppens CEO of Balanced Exec Ltd in London found the following statistics which are valuable to decision makers in human resource teams of large organisations contemplating on introducing executive coaching.
An CoppensFounder, owner and chief game changer at Gamification Nation | Speaker | Author em Gamification Nation
2. Survey sample
• Research study of Fortune 1000 companies, who
had engaged in coaching for performance, skills or
change
• Most respondents were executives at VP level or
higher
• 60% aged between 40-49
• 1/3 earned $200,000 or more per year
• Coaching lasted between 6 months and one year
• Source: Manchester Inc.
3. Executives stated
coaching benefits:
• 77% Improved working relationships with direct
reports
• 71% Improved working relationships with immediate
supervisors
• 67% Improved team work
• 63% Improved relationships with peers
• 61% Improved job satisfaction
• 52% Conflict reduction
• 44% Improved organisational commitment
• 37% Improved relationships with clients
4. Organisations gained
these benefits
• 53% Improved productivity
• 48% Improved quality
• 48% Improved organisational strength
• 39% Improved customer service
• 34% Reduction in customer complaints
• 32% Retention of executives who received
coaching
• 23% Cost reduction
• 22% Bottom line profitability
5. Return on investment
in coaching
• On average $7.90 for every $1 invested in coaching
according to Fortune 500 firms in MetrixGlobal
Research
• One firm in the same research reported a 529%
return on investment
• A survey of Manchester Inc of 100 executives found
found that coaching provided an average return
on investment of almost six times the cost of the
coaching.