Why Leadership Redefined?
Want people to think for themselves? You need to let them. How do you do that? By investing in your coaching abilities. So, why leadership redefined – the coaching pathway?
A coaching culture is one in which all members of an organisation consistently use coaching skills, including active listening and thought-provoking questions, to foster understanding, insight, and personal accountability for achieving organisational goals.
Passmore, J. and K. Jastrzebska, Building a coaching culture: A development journey for organisational development. Coaching Review, 2011. 1(3): p. 89-101.
Builds a Strong Coaching Culture
A coaching culture enhances strategic thinking, accountability, and trust, leading to sustainable success in a fast-paced business world.
Enhances Social & Financial Success
Leader coaching fosters trust and psychological safety, unlocking creativity and innovation that result in higher employee engagement and business returns.
Creates Strategic Decision Making
Coaching improves decision-making, team performance, and motivation while boosting productivity and financial outcomes.
Empowers Employees to Take Ownership
A coaching culture equips employees with the skills and mindset needed to drive organisational goals through self-awareness and accountability.
Delivers High Return on Investment
Research shows that for every $1 invested in coaching, companies can see a return of over $7. Coaching also significantly boosts productivity, billable work output, and financial performance across leadership and technical roles. Andrew Rahaman, Forbes, 2023
Accelerates Leadership Development
Coaching helps leaders at all levels refine their skills, navigate challenges, and develop the confidence to make better decisions. This ensures a strong pipeline of capable leaders ready to drive the organisation forward.
CASE STUDIES
A study found that for every $1 invested in coaching skill training for leaders, companies saw a return of over $7.
Organisations with a coaching culture not only experience increased revenue through stronger talent pipelines, improved employee engagement, better collaboration, and heightened creativity, they also have significantly reduced operational and financial attrition costs.
Andrew Rahaman, Forbes, 2023
A case study evaluating the business benefits and ROI of an executive coaching program implemented at a Fortune 500 firm revealed a remarkable 529% ROI, which rose to 788% when including the financial benefits of improved employee retention.
On the tangible side, 77% of participants reported that coaching had a significant effect on productivity and billable work output, with 60% identifying specific financial benefits from increased work output. The study also found that coaching benefits both customer and people-focused leaders, as well as those in technical roles.
Anderson, M., Executive briefing: Case study on the return on investment of executive coaching. Metrix Global LLC, 2002.