Coaching is partnering with clients in a thought-provoking and creative process that inspires them to maximize their personal and professional potential.” ICF
Coaching is the art of facilitating individuals or organizations to an agreed upon, measurable outcome/goal through conversations that mobilize internal and external resources, getting to the core of the matter in order to develop, grow and release potentials MCF
In business, the stakes are high. As a rule, we do not appreciate the degree of difficulty in performing executive roles, managing constructive relationships, or just being on purpose and intentional. The impact these factors have on business results and staff stress levels are many and varied. As there are many stress lines in any system, or organization, managing seniors, peers and subordinates can be tricky as atmospheres become more politicized. Gender, culture, competency, finances, competition, change, are all elements that create tension and so require attention. A coach who knows and understands systems and these dynamics is better equipped to provide an effective service for the executive and the teams they work with in organization.
Several studies have been conducted to ascertain the return on investment (ROI) of coaching; a Fortune Magazine survey found a 600% ROI on Executive Coaching whilst Merrill C. Anderson, Ph.D calculated a whopping 788%.