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QUESTIONS
What is
the payback?
“Asked for a
conservative estimate of the monetary payoff from the
coaching they got, these managers described an average
return of more than $100,000, or about six times what
the coaching had cost their companies.”
~ “Executive
Coaching—With Returns a CFO Could Love, Fortune, 2/19/01
Manchester Consulting reported results from a study of
100 executives who completed coaching between 1996 and
2000:
"Most
exciting of all were the estimates of return on
investment. As indicated earlier, when estimated
in the most conservative manner, ROI averaged nearly
$100,000 for the sample, or 5.7 times the initial
estimate. Some estimates were as high as $1
million, $5 million, or even $25 million."
~The
Manchester Review, 2001, Volume 6, Number 1
Follow the link below to the entire article:
http://www.manchesterusa.com/vContent/AdmiNet/Publications/MR_Volume_6-1_1.pdf
“The ROI
with executive coaching is often very high—especially if
you calculate the value of a high-level executive salary
and the return-on-improvement in skill level and
decision making.”
~ Training &
Development, 3/1/99
“Using the
[coaching] instead of sending executive and managers to
seminars two or three times a year can be more
beneficial to ongoing career development, not to mention
less expensive…”
~ “Coaches
Pump Your Career into Shape,” PC Week, 12/20-27/99
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