FAQs
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A coach’s role is to inspire and support clients while they work to unlock their full potential.
An executive coach works with leaders and teams to identify and overcome obstacles to success while helping them develop leadership skills and abilities.
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The International Coaching Federation (ICF) defines coaching as partnering with clients in a thought-provoking and creative process that inspires them to maximize their personal and professional potential. Coaching focuses on visioning, success, the present and moving toward the future. At its core, coaching is about helping people make profound and lasting shifts in their lives.
Therapy is a long-term process in which a client works with a healthcare professional to diagnose and resolve problematic beliefs, behaviors, relationship issues, feelings, and sometimes physical responses. The idea behind therapy is to focus on past traumas and issues to understand the present.
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Partnering with an executive coach can provide several personal and professional benefits, including:
Promotes greater individual awareness
Helps you achieve your goals faster
Provides accountability
Identifies blind spots
Allows you to get unbiased feedback
Inspires you to reduce stress by changing your reactions
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A recent study found that 3 out of 4 respondents indicated that coaching significantly impacted at least one of nine business measures —-with nearly an eight-fold ROI.
Tangible factors included increased productivity, higher levels of overall employee performance, reduced costs, growth in revenue and sales, higher employee retention, and higher engagement of employees. Intangible factors were increased confidence of those being coached, improved communication, more vital employee and peer-to-peer, and key stakeholder relationships.
Their study concluded that Executive Coaching produced a 788% ROI. The study noted that excluding the benefits from employee retention, a 529% ROI was delivered. (Executive Briefing: Case Study on the ROI of Executive Coaching, Merrill C. Anderson, Ph.D., MetrixGlobal, LLC)