In a nutshell, the 2018 study conducted by Human Capital Institute (HCI) in partnership with the International Coach Federation (ICF) show that organizations that use coaching by a professional practicioner and build a strong coaching culture have improved talent and business outcomes. Coaching helps change leaders implement more successful change initiatives and projects.
Here is a short video from the ICF with the research highlights. To expand the Vimeo video below to full screen, please click on the four arrows icon on the lower right side of the embedded video.
If you are an ICF member, click here to visit the ICF webpage where you can download the complete report for free.
I’ve often been asked about what training people should take to learn a specific skill, for example, public speaking. My reply is that training alone is not enough and that more time and effort must be focused on applying and practicing what was learned. Learning a few critical things and applying them has more impact than learning a lot of things but not using these.
Developing yourself and the people you are responsible for is one key to your success as well as theirs. Enlightened leadership calls for investing in continuous personal and professional development of everyone in the organization. Often, the top of mind approach is sending people to some form of classroom training to learn about the concepts and skills they need to be more effective and productive on the job. Experience, however, has shown time and again that such training alone is not enough to achieve better performance on the job.
People need help and support to transfer what they have learned in the classroom to on-the-job situations. Questions you may want to consider asking yourself are: What opportunities are our people given at work to apply what they learned for the benefit of the organization? How do their managers or supervisors encourage and reinfore the use of what they have learned? What more can be done so that training investments can be optimized?
One approach for helping people apply what they have learned is the use of managerial and professional coaching in tandem with training initiatives. With someone encouraging them to practice what they’ve, and holding them accountable for results, the organization gets a higher return on its investment.