Let’s take a minute to talk about executive coaching for leaders. By understanding the value of executive coaching for you and your business, you can better evaluate whether regular coaching sessions are worth the investment.
Is Executive Coaching Wasteful?
Many people believe that spending their company’s financial and personnel resources on executive coaching is wasteful. When budgets are tight, or the company is experiencing a production crunch, professional development such as coaching is often the first line item to get cut.
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However, studies show that this belief is not accurate. In fact, training up better leaders can bring with it significant returns on your company’s financial investment. The return on investment (ROI) for executive coaching has been measured at four to eight times the actual dollars spent. Executives who complete executive coaching report:
- Improved job performance
- Increased job satisfaction
Business and executive coach David Stanislaw has helped business leaders move from being offensive, off-putting, coercive, and authoritarian, to becoming more engaging, persuasive, and influential leaders. In addition, leaders who work with a business coach often pass on what they have learned to their teams. They may help their direct reports improve communication and productivity, model successful professional development, and take steps to resolve workplace conflicts.
Learn More about the Value of Executive Coaching
Ready to learn more about how executive coaching can help the executives, managers, and supervisors within your organization? Check out this white paper to see real examples of how executive coaching can help create more effective leaders for your business.
David Stanislaw is an organizational development specialist with over 25 years’ experience in leadership and professional development. Through one-on-one executive coaching David helps small and medium-sized businesses reduce conflict in their workplaces. Contact us to meet with David to move toward conflict resolution today.