10 ways in which coaching can help your company

In the past few years, it became clear that the professional coaching has significantly contributed to the return of investments in companies. Are you wondering how coaching can help your company? Discover 10 ways for that in the following text.

1. Coaching can help a company about key business goals.

A coach will work with your employees in order for them to identify and create clear and measurable business goals, as well as to define a strategy through which the goals will be truly achieved.

2. Coaching can help in developing new ideas.

A coach will be support to your employees in developing new ideas and alternative solutions. A coach will also encourage new perspectives, inspire employees for additional questions through sessions and create action steps towards them.

3. Coaching can help in managing change that enables growth of a company without any additional effort from your side.

Professional coaching is an important model for managing changes – including growth. A coach will help your employees identify their current needs, opportunities and challenges, as well as to maximize their own potentials that they already possess.

4. Coaching can initiate productivity and efficiency.

It is extremely important to have a coach in moments when you have employees who take over new or leading roles in the organization. Coaches are trained to work with clients in order to inspire them to achieve full professional and personal potential, as well as to increase productivity and efficiency. Besides coach-client relation, focus should also be on studying and clear defining of the next step. According to the ICF Global Coaching Studies, 70 percent of clients show a positive progress in business performance.

5. Coaching develops communication skills.

ICF Global Coaching Studies have always shown that 72% of clients that went through coaching – have also noted their own progress in communication skills. Individuals that have gone through professional coaching have got wider perspective regarding personal challenges and opportunities, improved way of thinking and skills necessary for decision making, improved their own productivity and self-confidence in carrying out certain duties in personal and professional life.

6. Coaching may help your organization attract and keep talented individuals.

If you have problems with finding great employees or keeping them, it is necessary that your organization invests in the development of your employees. Coaching is an ideal way for you to develop your employees and show that you care about them and their development.

7. Coaching can contribute to work-and-life balance for all of your employees.

An employee that has an opportunity to live a balanced life is the happiest one. Being the happiest also makes him more productive. A coach can work with your employees on discovering, identifying and adjusting what they want to achieve, including a balance between their private and personal life. According to the research done through the ICF Global Coaching Studies, 67% of coaches have witnessed progress regarding work-and-life balance of their clients.

8. Coaching can help your employees make progress.

All companies that hire a coach are happy with the results of their work. ICF Global Coaching Studies have shown that 99% of clients were pleased or very pleased with the results and experience while working with coach. In addition, 96% of them said that they would repeat the training process.

9. Coaching can help your company function great regardless of the economic situation.

Coaching is a very important tool in the times of insecurity – companies of all types and sizes have had a chance to experience how professional coaching contributes to increasing their business performance, improving the quality of their products, greater chances of keeping their employees, leadership development, greater dedication of their employees, reducing conflicts and increasing team building skills.

10. Coaching can help rebuild the reputation of companies that were struck by recession.

Companies that experienced reducing their labor force through down-sizing and restructuring have high expectations of the rest of their employees. Return of self-confidence towards future challenges is crucial. ICF Global Coaching Studies have shown that 80% of those who worked with coaches recognize progress in their self-confidence.

You’ve seen what coaching can do for your company. Let’s present you with one additional fact. Coaching offers great return of investments for companies (ROI). ICF Global Coaching Studies have discovered that 86% of companies have regained at least the amount of money that they invested in previously listed activities. Out of 86%, 28 had return of investment that was 10 to 49 times greater than the investment itself, while 19% had return of investment that was 50% bigger than the initial investment.

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