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Coach Business To Success With A Whopping 689% Return On Investment

By Jim Symcox on Nov 13, 2009 in coaching, mentoring

Coaching is steadily becoming big business. And business coaching even more so.

Some people say it’s expensive, others that a coach doesn’t really help them because “they could have done it for themselves.”

To answer the first point a coaching organisation has issued a coaching press release where they noted the massive ROI with coaching:

International consulting firm of Booz Allen & Hamilton undertook a coaching program for some of its senior members. Separately, they engaged another consulting firm to study the effectiveness of their internal coaching program. The independent results showed an astonishing 689% return on the coaching investment. This study indicates that a coaching program is not a cost to the business, but in fact, a rather lucrative investment.

Secondly, if as claimed a business could have done what the coach has got them to do themselves…

Why didn’t they!?

And as I’ve said before coaching more than pays for itself. I have coaching and I really believe it’s the one factor that can turn any business round from a loss or make a profitable one more money.