What is the best kind of business advice?
What is the best kind of business advice?
The best kind of business advice is the kind that delivers improved results and more profits on the bottom-line.
A good Executive Coach can deliver those types of results for executives and teams in any type of corporate, executive or business environment.
The Executive Coach program focuses on key metrics that drive performance and profit, and there are numerous studies that show the benefits of having an Executive Coach:
- In one study conducted by MetrixGlobal LLC, companies including Booz Allen Hamilton received an average return of $7.90 for every $1 invested in an Executive Coach.
- A recent study of the impact of an Executive Coach program in a Fortune 500 firm by MetrixGlobal reported a 529% return on investment and significant intangible benefits to the business.
- A survey by Manchester Inc. of 100 executives found that an Executive Coach provided an average return on investment of almost six times the cost of the coaching.
- An internal report of the Personnel Management Association showed that when training is combined with an Executive Coach, individuals increase their productivity by an average of 86% compared to 22% with training alone.
- A Hay Group study of Fortune 500 companies found that 21% to 40% utilize an Executive Coach. Executive Coaching was used as standard leadership development for elite executives and talented up-and-comers.
- A 2001 study on the impact of advice from executive coaching by Manchester Inc. showed an average ROI of 5.7 times the initial investment or a return of more than $100,000.
