Performance Business Coaching - AVAILABLE ONLINE
What is Performance Business Coaching?
Simply put a good business coach will help you move to the next level of performance within your business. Just like top sports stars and entrepreneurs, top performing business people have their own business coach.
What is Performance Business Coaching?
Simply put a good business coach will help you move to the next level of performance within your business. Just like top sports stars and entrepreneurs, top performing business people have their own business coach.
The impact of a great business coach is without doubt. Consider the following.
The return on investment was measured at an amazing 788% (including the financial benefits of employee retention) for a coaching programme implemented at Nortel Networks in 2002.
The Manchester study in 2001 measured a return of 5.7 times the initial investment for executive coaching.
The CIPD study in the UK in 2004 reported that 99% of organisations using coaching reported tangible benefit to both organisations and individuals.
Over 70% of HR professionals believe that coaching is actually more effective than training courses as a means of changing behaviours and improving the performance of senior executives and high flyers (Training Strategies for tomorrow, 2003).
79% of U.K. medium and large business use coaching as a form of development (Auerbach 2005).
When coaching is used to supplement training, the results are impressive.
The Xerox Corporation found that the impact of using follow-up coaching after formal training gave a massive 87% increase in the effectiveness of training when compared to training alone.
The International Personal Management Association supported this data. Their investigation showed that training improved the performance of their teams by 22%. When coaching was added to the training program, improvement in day to day work performance increased by 88%.
The benefits to individuals who receive coaching include:
– Improved confidence.
– More effective decision making.
– Better relationships with peers, managers and junior colleagues.
– Improved work-life balance.
– Improved productivity.
– Improved quality of work.
– Reduction in stress levels and sickness.
– Personal attention and focus from an objective individual outside of your organization.
– Development from someone who will help you to understand and develop your weaknesses.
So business coaching works, the key is to make sure that you choose the right coach to work with. At NLP by TLP we have a range of coaches that help you take your career to the next level.
