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	<title>The Delphi Group &#187; Coaching</title>
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		<title>Benefits of Effective Coaching</title>
		<link>http://www.thedelphigroup.com/coaching/benefits-of-effective-coaching/</link>
		<comments>http://www.thedelphigroup.com/coaching/benefits-of-effective-coaching/#comments</comments>
		<pubDate>Tue, 12 Jan 2010 15:39:35 +0000</pubDate>
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				<category><![CDATA[Coaching]]></category>

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		<description><![CDATA[Coaching for leaders and managers has become the most widely used management consulting service in American corporations in the last decade. More and more leading companies use Coaches to improve their bottom line, as evidenced by the following excerpts from Fortune Magazine, Harvard Business Review and The Conference Board. “Coaching is attracting America’s top CEO’s [...]]]></description>
			<content:encoded><![CDATA[<p>Coaching for leaders and managers has become the most widely used management consulting service in American corporations in the last decade. More and more leading companies use Coaches to improve their bottom line, as evidenced by the following excerpts from Fortune Magazine, Harvard Business Review and The Conference Board.</p>
<p>“Coaching is attracting America’s top CEO’s because, put simply, [it] works……..managers described an average return of more than $100,000, or about 6 times what the coaching had cost their companies”.<br />
<strong><em>Fortune Magazine </em></strong></p>
<p><strong><em> </em></strong></p>
<p>“Many of the world’s most admired corporations, from GE to Goldman Sachs, invest in coaching. Annual spending on Coaching in the U.S is estimated at roughly $1 Billion”.<strong><em> <br />
Harvard Business Review</em></strong></p>
<p>“Today more than ever we face unprecedented change in our organizations that focuses our energy on preparing leaders to meet these new challenges. One of the most innovative and adaptable applications is Executive Coaching.”<strong><em> <br />
The Conference Board</em></strong></p>
<p><a href="#Recent Studies"> Recent studies</a> on the value of Coaching for Leaders report:</p>
<ul>
<li>77% of      those coached improved working relationships with direct reports</li>
<li>67%      reported improvements in teamwork</li>
<li>53%      reported improved productivity of their units</li>
</ul>
<p align="center"><strong><em>Could You or Others in Your Organization Benefit from Executive Coaching?</em></strong></p>
<p align="center"><strong><em>The answer is yes if you answer ‘NO’ to any of these questions:</em></strong></p>
<ol>
<li>People      who work here know where the organization is headed and are 100% committed      to helping to get there</li>
<li>People      here know where they fit and how their contribution matters</li>
<li>Leaders      and Managers across the organization work together effectively to      determine and execute the strategy</li>
<li>Excellent      performance is rewarded and poor performance is not accepted for long</li>
<li>There      is an upbeat and optimistic feeling about the future </li>
<li>Responsibility      and authority are distributed, making everyone feel empowered</li>
</ol>
<p align="center"><strong><em>Coaching can turn average managers into awesome leaders!</em></strong></p>
<p align="center"><strong><em> </em></strong></p>
<p>Dana Morris-Jones<br />
 The Delphi Group, Inc</p>
<hr size="1" />
<p><a name="Recent Studies"></a>Manchester, “Executive Coaching Yields Return on Investment of Almost 6 Times in Costs”, Jan, 4, 2001. MetrixGlobal, “Executive Briefing: Case Study on the Return on Investment of Executive Coaching”, Nov.2, 2001</p>
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