What is the ROI of Coaching?
Leadership coaching has emerged in recent years as a popular—and powerful—way to develop leadership skills. ROI studies conducted by MetrixGlobal, LLC, over four years clearly demonstrate that leadership coaching consistently delivers business value. The ROIs have generally been in the range of 500% to 700%.
From a PwC study: “Though the exact impact of coaching is notoriously hard to quantify, Marc Roudebush, CEO of Inspiring Workplace, points to a recent global survey of coaching clients by PriceWaterhouseCoopers and the Association Resource center which concluded that the mean ROI for companies investing in coaching was 7 times the initial investment, with over a quarter reporting an ROI of 10 to 49 times. For Roudebush, who has worked with senior executives at companies as diverse as Google, Bacardi and HSBC, the reason for such large returns is clear: leaders cast a long shadow. “When they are able to walk their talk, people listen and are likely to follow suit, improving the levels of enthusiasm, trust, and team effectiveness throughout a team or organization.” Forbes, Matt Symonds, 2011.