Sherpa Executive Coaching Survey, 2008 says:
“The amount of money spent on coaching is significant, and it’s growing. In increasing numbers, coaches and HR professionals say coaches are engaged for “people who need leadership development”. So, we have a growing industry, a shift toward coaching for every emerging leader, and nobody seems to be tracking return on investment.”
Return on investment in coaching is hard to track. We haven’t yet developed adequate measuring sticks for assessing the full value of devoting resources to leadership development coaching. But using the best practices available, Sherpa found a 144% return on investment in coaching. The Sherpa data on coaching fees suggests that Wisdom at Work delivers extremely high value on every coaching dollar invested.