Coach Quotes...
__________________________________________________
"The Business demand for coaching is nearly doubling each year.. Out of the $80 billion being currently spent on corporate education, FLI Research estimates that $2 billion is spent on executive coaching at senior executive levels in Fortune 500 companies." -Business Wire 2005
__________________________________________________
"People, rather than companies, do hire their own coaches -- some of whom charge as little as $50 an hour for phone or e-mail consultations. However, companies are paying up to $100,000 for yearlong engagements with CEOs, or $5,000 to $15,000 for a three-month engagement with senior managers." - the Associated Press
__________________________________________________
"..business coaching, a trend that's exploding among small businesses and organizations nationwide. It's estimated that up to 25% of American small businesses are using them, up from 4% just five years ago... The number of UK organizations using coaching has risen to 96%... and The Australian Institute of Management says over 70% of its member companies hire coaches."
- Time Business News
__________________________________________________
"..the number of US job coaches has grown from 5,300 in 1998 to approximately 15,000 in 2003. Business coaching has become a billion dollar industry and shows no sign of slowing. And it's a worldwide phenomenon." - Business Wire 2005
__________________________________________________
"National and global companies are looking for highly trained organizational coaching graduates who have experience with international business practices and cultures, who are committed to people development, and understand the importance of the bottom-line.." -Financial Times
__________________________________________________
"The strong demand for qualified coaching professionals worldwide is perhaps the biggest catalyst in the rise in formal coaching certification. Today, to obtain the necessary behavioral-based coaching tools and skills, fortunately one doesn't need to enroll in multiple degree courses in organizational, clinical and developmental psychology, human resources and leadership development... " - HR News, 2005
__________________________________________________
"A business coach is a highly trained specialist and should be hired only after: a review and verification of the coach's level of education/training and credentials; confirmation of the coach's industry experience; investigation of the coach's skills; agreeing on what diagnostic instruments and interventions will be used; consideration of the projected return on this investment (ROI) and establishing how the coaching success will be measured and evaluated. Assessments must also be part of a business coach's tool kit - do not hire a coach that relies on a crystal ball or one that coaches from the heart. A reputable coach will welcome the opportunity to explain his or her specialist training. Those with minimum or no qualifications in the use of validated, psychological-based change and learning tools will be hesitant to provide information." - The Business Journal- CEO Refresher (Extracts)