In Building a Coaching Culture (2014), ICF in partnership with Human Capital Institute, identified a growing movement among organizations to develop a coaching culture due to more companies realizing the advantages of such a strategy.
“Once a luxury strictly for executives, coaching is now being extended to employees at all levels of the organization for developmental purposes. In fact, 43% of organizations report employing internal coaches to work with all employees, and 60% say coaching is available to their high-potential employees. Moreover, an extensive coaching program is often associated with positive business outcomes, including higher employee satisfaction and performance.”
An earlier 2009 ICF Global coaching study also reported that coaching offers companies a significant return on investment with 86% stating they had made back at least their initial investment through increased productivity measured by improvements in work performance (70%), business management (61%) time management (57%) and team effectiveness (51%).
We at ICF Vancouver Charter Chapter are committed to helping organizations to embed coaching into their DNA—through the new CoachingWise designation being launched during International Coaching Week, May 18 -24, 2015.
We believe we have an important role to play in celebrating organizations as they build coaching cultures which support individuals to confidently pursue new ideas and alternative solutions with greater resilience in the face of growing complexity and uncertainty, through creative and thought-provoking conversations.
CoachingWise is a new designation recognizing commitment to build and sustain a coaching culture through organizational and leadership beliefs and practices that reflect coaching as a strategic business driver.
Foundational, is a strong case for coaching as a critical talent management tool to assist employees at all levels to achieve tangible business results, improve their leadership skills, and unlock their potential to grow as individuals.
I look forward to seeing you at the launch at our Chapter meeting on May 19th and at the Heart of Coaching Workshop on May 20th. CLICK here to register.