A Skilled Business Coach Is Worth Their Weight In Gold

A Business Coach can be a very effective developmental tool
for leadership development, as well as producing financial
and intangible benefits for any business. A good coach
can provide you and your employees with a rich learning
environment that allows the learning to be applied to a
variety of business situations. Key skills such as
decision-making, team performance and the motivation of
others can be strengthened and enhanced.

In a recent study of a Fortune 500 company that had
launched a business coaching program they were able to
identify specific financial and intangible benefits that
came as a result of their coaching.

The two things most significantly impacted by business
coaching were productivity and employee satisfaction.
These two items alone underscore just how valuable a good
coach can be to your business. Happy employees are not
only more productive they are more creative and more
willing to go the extra mile. They are also more willing
to "think outside the box" which is where lucrative
innovations originate.

The next areas most significantly impacted by business
coaching were work output and work quality. Twenty percent
of the respondents said they could clearly identify a
financial benefit directly related to their increased
output. Imagine how even a ten percent increase in work
output by you and your employees could impact you bottom
line! That alone would more than reimburse you for the
costs associated with a quality business coach.

The same study found that when program costs were tabulated
to determine a return on investment their business coaching
program produced a 788% return on the investment. In this
case the company in question had experienced downsizing and
other factors impacting employee retention. When they
excluded the financial benefits related to employee
retention they still found the coaching program produced a
529% return on their investment. While those who had
customer or people responsibilities produced proportionally
greater financial benefits, the realization of benefits to
the business was fairly widespread throughout the group
involved in this study. What other single thing could you
do for your business that could make such a huge impact?!

While this study was dealing specifically with a large
company, any company of any size can benefit exponentially
by adding a skilled business coach to their team. Small
businesses especially can find that a good business coach
can help them manage their time and business more
efficiently, effectively propelling their business to the
next level. A good coach can also help you find ways to
balance your work and personal life. Do yourself a favor
and schedule a consultation today and see where your
business can be tomorrow

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Wendy Stevens as a single mom vaulted to the top of the
Direct Sales Industry in 8 short months. Wendy is a former
3-time Division I All American Lacrosse Player and NCAA
Division I National Champion. She established the women's
Lacrosse program at Vanderbilt University and led them to a
Top 20 ranking in 2 years. She is a hands-on professional
with a demonstrated record of success as a Division 1 NCAA
Head Coach, Teacher, Trainer, Mentor and Speaker. She is
one of the top 1% earners in the direct sales industry.
She has earned 7 figures in networking marketing. For more
information on Wendy, please visit
http://www.coachyoutosuccess.com