Business Coaches are More Common for All Businesses Now

LegacyBizLeaders.com

BUSINESS COACHESARE MORE COMMON

FOR ALL BUSINESSESNOW

EVERYONE FROM CELEBRITIESTO PRESIDENTS AND CEOS

OF CORPORATIONS AREUSING BUSINESS COACHES.

According to the Hay Group,between 25 and 40 percentof Fortune 500 companiesuse executive coaches.

While business coaches wereat one time only used tointervene with troubled staff,they are now a standard partof leadership developmenttraining for executives.

Professional coaching servicesare often sought out to helpwith management behaviorproblems, including inadequatecommunication skillsand indecisiveness.

Both small businessesand large corporationshave employed professionalbusiness coaches to helpturn things around interms of revenue andoverall productivity.

A study conducted byMetrixGlobal for anexecutive coachingprogram revealed thatcoaching services resultedin a 529% return oninvestment and intangiblebenefits to the business.

According to a studyperformed by the Institute ofLeadership and Management,professional coaches in officesare becoming commonplace.

A survey involving 250 UKcompanies revealed that 80%of the companies said theywere using or had usedbusiness-coaching services,and another 9% said they wereplanning on hiring a coach.