Achieve Your Business Results Through Executive Coaching That Yields a 500% Plus ROI

What if you could have a 500% plus return forcurriculum should also be easily adapted to other
very dollar that you invested in your employees?training and development group sessions as well
What would that mean for your business?as to the different roles within the organization
Possibly right now you are thinking that this is notincluding Executive Leadership, Management,
possible and even if it was, any business ownerSupervision and Leadership.
would jump at the chance for such an incredibleThird, coaching is a personal relationship between
investment?the coach and the client. Your employees must
First, it is true. So begin looking for that jumpfeel comfortable with the coach. Some preliminary
rope. According to a recent report bycommunication should take place with your
MetrixGlobal for a Fortune 500 company,employees before the implementation of a
executive coaching provided a 529% return oncoaching program.
investment. This report is supported by otherFourth, the coaching curriculum should be
research including Dell Computers. Half of the 761structured, proven and provide numerous
senior managers at Dell Computer Corporationopportunities for application and feedback.
recently received executive coaching within aFifth, everyone in the organization needs to
two-year time period. Dell has been activelysupport and reinforce the coaching program.
monitoring these managers throughManagement above those in the coaching
pre-determined measurements. One of theseprogram must understand and be in agreement
criterion indicates that executives who receivedwith the program.
coaching tended to be promoted more often thanTo be truly effective, an excellent coaching
those who were not coached.approach extends beyond the professional life into
If you are now convinced that coaching is a viablethe personal life. For it is within each individual
strategy to enhance your bottom line, then whatpersonally where the performance excellence
do you need to do as a business owner toevolves.
implement a coaching program?Coaching is a proven way to dramatically enhance
First, research any coach or coaching organizationyour bottom line provided you incorporate at least
that you are considering. Ask for specificthese five strategies. By taking such action, you
references where measurable results were put incan achieve your goals quicker and leave your
place prior to the coaching. The coaching shouldcompetition in the dust. That is unless of course
be results focused with clearly identifiablethey decide to enact a coaching initiative before
measurements. Also, coaching certification shouldyou do. So what are you waiting for?
not be a limiting factor as many certified coachesWord Count 472
fail to earn even mid five figures. The determiningCopyright 2005(c) Leanne Hoagland-Smith,
factor should be about the results that the coachThis article may be freely published. Permission to
has delivered with his or her clients.publish this article, electronically or in print, as long
Second, look for a coaching program that worksas the bylines are included, with a live link, and the
with your company and can be quickly andarticle is not changed in any way (grammatical
affordably aligned to your company's culture. Thiscorrections accepted).