Evan Carmichael Top Header about About About facebook Twitter YouTube Google+

A Business Tool That Can Lead to Financial Benefits



Free PDF Download
A Business Tool That Can Lead to Financial Benefits - By Jim Symcox

Name: Email:


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.


Related Articles

  Lead Generating
  Acting in Business - on the Financial Data!
  Canadian Lease Financing - Maximizing the Benefits!
  The Advantages of Lead Generation for your Business
  The Difference Between A Capital Lease and An Operating Lease
  Why People Buy
  Services Provide by a Equipment Lease Financing Expert
  What You Must Know About A Lease Vs Buy Business Finance Decision For An Equipment Lease
  Why Your Competition Is Stampeding To Business Equipment Leasing Financing – Canadian Commercial Finance Advice
  Align Sales & Marketing with Lead Nurturing
  Top 4 Most Overlooked Benefits of leasing of equipment as a Business Finance Strategy
  Sales TipsYour Prospect Wants Benefits But Which Ones
  This Motivates Readers Of Sales Letters & Emails To Take Action
  Generating Leads Through Your Website
  Score Big with Lead Scoring
  Lease Financing in Canada - Why is it a solid Financing Alternative ?
  Thirteen Proven Lead Generation Tools For Service Businesses From Your Strategic Thinking Business Coach
  “Ten More Benefits From Strategic Planning, According To Your Strategic Thinking Business Coach Ten More Benefits From Strategic Planning, According To Your Strategic Thinking Business Coach”
  Are You Prospecting Or Positioning?
  How many keywords per Ad Group?

Home > Marketing > Jim Symcox > A Business Tool That Can Lead to Financial Benefits >

Free PDF Download
A Business Tool That Can Lead to Financial Benefits - By Jim Symcox

Name: Email:

About the Author: Jim Symcox

RSS for Jim's articles - Visit Jim's website
Jim Symcox, is a business coach, marketing evangelist, copywriter and all round good egg. He is the author of "How to Leap Ahead Of Your Competitors". and you can get his Business Twitter Guide at http://www.business-powerpack.com/twitter
Click here to visit Jim's website.
Dashed Line

More from Jim Symcox
Review Lightning In A Bottle How To Develop Saleable Products
A Business Tool That Can Lead to Financial Benefits
Setting Goals
Do Your Adverts Get You Sales
How You Can Recruit Sales Super Stars Part II How To Advertise and Interview Them

Related Forum Posts

Private Equity Needed Private Equity Needed
My entry My entry
Re: My Favorite Book For Entrepreneurs In 2010 Re: My Favorite Book For Entrepreneurs In 2010
Re: Books for the Entrepreneur Re: Books for the Entrepreneur
Future Financial Corporation Future Financial Corporation

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Share for a Cause



Worksheets
By: Evan Carmichael

Do you have what it takes to be an entrepreneur?

8 Powerful Steps to Finding Your Passion

Does your pitch suck?

Create a plan of attach to launch your new business.

8-Cover

Like this page? PLEASE +1 it! Evan Signature
Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Overwhelmed and Overcommitted but not Defeated!

A Project Blueprint - The Project Charter

The New Age of Niche Marketing

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.