Hire a Coach
ImpaQ Solutions specializes in Executive and Leadership Coaching, and Business Coaching and Advising. If you and/or your company have considered engaging in executive or leadership coaching as part of your development, please contact me for a free, no-obligation (and no pressure!) consultation.
What are the benefits of hiring a coach? The coach can help you see things differently, resulting in a better outcome. There are a number of studies on the ROI of leadership coaching. The Return on Investment (ROI) for professional coaching is generally calculated at between six (2004 survey by Right Management) and seven times (2009 global study by International Coaching Federation (ICF)) the amount of investment.
Many of the benefits of coaching are difficult to quantify (i.e., what would the leader have done had they not had coaching compared to what the leader did since they had coaching?). Individuals who engage in a coaching relationship typically experience fresh perspectives on challenges and opportunities, enhance thinking and decision-making skills, improve interpersonal effectiveness, and increase confidence in carrying out chosen work and life roles. Ninety-six percent of coaching clients indicated they would repeat the coaching process, given the same circumstances.
Eric Schmidt, Google’s Executive Chairman, in 2009 was asked the question, “What was the best advice you ever got?” His answer? “Get a coach.” “The one thing that people are never good at is seeing themselves as others see them. A coach really, really helps,” he explained.