Numerous studies, such as by Gallop and McKinsey show that coaching improves employee engagement and that companies with highly engaged people are more successful on multiple measures
and are 60% more likely to be in the top quartile for business health. Sadly, only about 17% of employees in the UK are actively engaged and committed to their work and organisation. The rest are not engaged or actively disengaged, spreading negativity and dissent and poor performance. According to the Macleod Report, employee disengagement costs the UK economy £59-£65 billion annually in lost productivity.
Gallop research shows that managers account for 70% of the variance in engagement.
Great managers inspire high engagement, but poor managers inspire disengagement. Over 50% of employees report that they left a job to get away from their manager. A study by Manchester Inc. reported that executives who received coaching improved relationships with their direct reports (77%), immediate supervisors (71%) and peers (63%) resulting in a 5.7 times return on the investment in coaching.
Coaching drives behavioural and psychological change and is grounded in behavioural science, psychology and neuroscience. According to reports by ILM, CIPD, ICF and others, coaching improves work performance, team effectiveness, communication skills, time management skills, and much more.
Serious elite athletes and high performers across the board, from business to music, claim they wouldn’t get where they are now were it not for having a coach.
It is not easy to be an effective leader and like any skill, it takes time and effort and needs nurturing.
One of the most valuable skills for a leader is investing in reflection, yet this is difficult to do when you have many demands on your time and attention. Most managers and leaders are so busy with their daily work, attending meetings and firefighting urgent issues, that there is hardly time to think of future strategy let alone honing the leadership skills that make you more effective.
Great leaders invest in raising their inner sustainability by doing the ‘inner work’ that raises your awareness, capacity and courage to do everything you need to do and do it more effectively and sustainably.
Attending a training course can give you the knowledge, but most leaders find that isn’t enough to put it into action. Having a coach can help you by having regular real-time conversations to look over the horizon, improve your planning and decision making, and improve your actions and effectiveness as a leader.
Many senior leaders and CEOs say it is ‘lonely at the top’.
You enjoy making decisions but also enjoy the spark of discussing ideas with others as you create your plans, yet there are few, if any, peers with whom you can have those conversations.
The benefits of working with a coach
come from gaining clarity and focus to manage successfully the challenges you face at the moment.
Organisations invest in coaching to support managers and leaders to manage change, create their compelling purpose and vision and develop their high performing team, enhance their impact when newly promoted, enhance emotional intelligence and mental wellbeing and reduce stress and conflict, and many other situations. Business benefits are often measured in cost savings resulting from improved efficiency and effectiveness in leadership and management, including better delegation leading to better focus of your time on priority business areas, less micromanagement, less repetition, improved engagement, reduced staff turnover and many other benefits.
At an personal level, clients have reported benefits such as
- feel in control of your own future and lead a more fulfilling and balanced life
- be confident, focused and able to adapt and be flexible
- find your voice, communicate so others believe in you and raise your leadership presence
- be more strategic and make better decisions and choices
- accelerate your career and successfully negotiate promotion
- feeling less alone as you have to make hard management and leadership decisions that you can't discuss with your team.
Olympic athletes have coach because they want to be their best, not because they are not good at what they do. They are already good and they want to be great, to have support to maintain the clarity, focus, commitment, determination and courage to dream big and achieve it. You can have that too.
Did you know that even Olympic athletes claim that over 90% of their success is not down to their athletic skills and abilities, but down to their mindset? Successful people in all walks of life say the same thing. They have coaching to be in charge of their own mindset, which determines, among other things, how confident they feel, how they can stay on track in the face of distractions, how they set goals to maintain their focus and belief they can achieve ultimate success even when they don’t win one event. Aeona’s proven tools and frameworks help you to do all this.