- The Metrix Global Survey reveals that executive coaching can result in a 259% increase in executive retention. According to a 2001 study by the Corporate Leadership Council, leaders awarded “meeting with an executive coach” the fourth most important development opportunity.
- At Capitol One, direct reports of coached executives outperform the direct reports of non-coached executives indicating that coaching is contributing to strengthening the leadership and management skills of the workforce.
- According to a study of senior-level executives at Fortune 1000 companies who received developmental coaching, the average return from the program was nearly 5-7 times the initial investment.
- Safeway is introducing a coaching scheme for 900 middle managers after a development program for senior management led to reduced staff turnover and increased profits. Senior management credits the executive coaching program for helping to reduce turnover by 15%.
- A survey of 800 business executives by the Open University Business School and NOP Consumer Market Research found that 74% of the respondents believe that executive coaching reduces turnover by encouraging a more motivated workforce.
- Kodak used executive coaching to address staff productivity and retention at a business unit with 1000 employees. The company believes that the coaching intervention contributed to double-digit productivity increases as well as decreases in waste-levels and overtime.
- According to Alastair Robertson, manager of Accenture’s worldwide leadership development practice, a large employer in the hospitality industry saved between $30.7 and %61.2 billion by coaching its top 200 executives.