A Business Tool That Can Lead to Financial Benefits
A Business Tool That Can Lead to Financial Benefits
An interesting study was conducted by Metrix Global, a survey company, on behalf of a US Fortune 500 company and the executive coaching company they use to develop their leaders.
The study investigated the benefits and Return on Investment (ROI) of coaching. At the same time they wanted to get the answers to these questions:
1. How did coaching add value to the business and what was the return on investment? 2. How could coaching be best leveraged in the future, especially if coaching was to be expanded to other business regions?
They discovered that 60% of the 30 leaders who responded to the survey company identified specific financial benefits resulting from the coaching.
If you look at the next 6 points I show how each of the Business Measures are identified as positive by a percentage of the survey respondents:
1. Productivity ---- 60%
2. Employee Satisfaction ---- 53%
3. Annualised Financial Benefit --- 50%
4. Customer Satisfaction --- 53%
5. Work Output --- 30%
6. Work Quality --- 40%
The study tabulated program costs for all 43 leadership development participants to discover a 529% return on investment produced by the coaching process.
Clients with customer or people responsibilities produced proportionally greater financial benefits. However, there were widespread benefits throughout the group participating in the study.
There's no doubt that these benefits can be realised by any size company, as long as the owners are willing to take action on decisions made.
A Business Tool That Can Lead to Financial Benefits - To learn more about this author, visit Jim Symcox's Website.
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Executive coaching can be the key that unlocks the door to a company's greater profits. Maybe as an executive coach I'm a little biased! Or maybe it's a result of a little knowledge...
An interesting study was conducted by Metrix Global, a survey company, on behalf of a US Fortune 500 company and the executive coaching company they use to develop their leaders.
The study investigated the benefits and Return on Investment (ROI) of coaching. At the same time they wanted to get the answers to these questions:
1. How did coaching add value to the business and what was the return on investment? 2. How could coaching be best leveraged in the future, especially if coaching was to be expanded to other business regions?
They discovered that 60% of the 30 leaders who responded to the survey company identified specific financial benefits resulting from the coaching.
If you look at the next 6 points I show how each of the Business Measures are identified as positive by a percentage of the survey respondents:
1. Productivity ---- 60%
2. Employee Satisfaction ---- 53%
3. Annualised Financial Benefit --- 50%
4. Customer Satisfaction --- 53%
5. Work Output --- 30%
6. Work Quality --- 40%
The study tabulated program costs for all 43 leadership development participants to discover a 529% return on investment produced by the coaching process.
Clients with customer or people responsibilities produced proportionally greater financial benefits. However, there were widespread benefits throughout the group participating in the study.
There's no doubt that these benefits can be realised by any size company, as long as the owners are willing to take action on decisions made.
A Business Tool That Can Lead to Financial Benefits - To learn more about this author, visit Jim Symcox's Website.
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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