Coaching ROI

Coaching has been shown to result in lasting, long-term benefits because it provides support over time. In large training programs, you tend to leave feeling inspired but several weeks later that feeling is most likely gone. Coaching however provides a sustained amount of support over a defined period of time, so you dramatically increase your odds of lasting behavior change. Please review the business and life coaching ROI information below regarding the return on working with a coach.

Businesss Coaching ROI

A few years ago, just a handful of small businesses used coaching as a means to augment their business. Today, statistics reveal that 58% of small businesses in the U.S. are seeking the benefits of business coaching. Businesses and Entrepreneurs are using coaching because it is a cost effective way to achieve results. Individuals who receive business coaching can expect to find guidance and solutions concerning the challenges that they face. Business coaching offers new insights into daily business activities and helps improve methods, systems and procedures.

Independent studies have shown the average return on investment on coaching exceeds 500%, with a 98.5% overall client satisfaction rate. Other studies have proven the high value of business coaching:

A Manchester Consulting Group study of Fortune 100 companies found that coaching resulted
in an ROI of almost six times the program cost

An International Personnel Management Association survey found that productivity
increasedby 88% through coaching, compared to a 22% increase with training alone

A study of a Fortune 500 telecommunications company by MetrixGlobal found that coaching
resulted in a 529% ROI

   Metropolitan Life Insurance Company found that productivity among salespeople who had
       participated in an intensive coaching program rose by an average of 35% - the company
       invested about $620,000 in a coaching program, and realized $3.2 million in measurable
       gains

   Companies that have used professional coaching for business reasons have seen a
       median return on their investment of 7 times their initial investment, according to a study
       commissioned by ICF, and conducted by PricewaterhouseCoopers and Association Resource
       Centre Inc. (ICF Global Coaching Study, 2009)

A study commissioned by a professional services firm, and performed by MatrixGlobal showed
that the ROI on coaching was 6.8x the initial investment. (Drake University, PhD., 2006)

Life Coaching ROI

In life coaching, return on investment is a personal matter. How much is creating the life you’ve always imagined living worth to you? What about changing to a career you're truly passionate about? What about more time with friends and family? What about improving your health, which may add years to your life?

These are personal questions and you should consider them thoughtfully. Because after all is said and done, most life coaching engagements wind up costing similar to a weeklong training program or a week of vacation.

A study conducted by the International Coach Federation reported the following on outcomes as a result of working with a coach:

Self-awareness: 67.6%

Setting better goals: 62.4%

More balanced life: 60.5%

Lower stress levels: 57.1%

Self-discovery: 52.9%

Self-confidence: 52.4%

Improvement in quality of life: 43.3%

Enhanced communication skills: 39.5%

Project completion: 35.7%

Health or fitness improvement: 33.8%

Better relationship w/ boss, co-workers: 33.3%

Better family relationship(s): 33.3%