“We recently had a sensitive personnel issue that could have landed our company in court. The suggestions provided by my group leader were worth the cost of the entire Excell membership… and then some.”
— Steve Smith, Excell Member
If you are working 60 hours a week now, will you work 120 hours to double the size of your company? Of course not. And that is a perfect example of how an Excell membership is the antidote to the “I don’t have time” excuse — because we believe that that Clarity + Focus = Time.
Additionally, the ROI of peer group mentoring and executive coaching is well documented.
— Executive coaching provides a 529% return on investment as well as intangible benefits significant to business growth. If we were to include financial gains such as savings from employee retention, the overall return on investment would be 788%.
(1. See footnote for source.)
— A Hay Group study found that 21% to 40% of Fortune 500 companies use executive coaching as standard leadership development for elite executives and talented up-and-comers.
(2. See footnote for source.)
— A Manchester Inc. survey of 100 executives found that coaching provided an average return on investment of almost six times the cost. This study found that the benefits to their companies included improvements in productivity, organizational strengths, retention of executives receiving coaching, cost reductions, and bottom-line profitability.
Additionally, Harvard Business Review reports that executive coaching works by providing individual, tailored engagements that:
— deliver improved management performance.
— help executives manage business complexity.
— accelerate leadership development and emotional security.
— provide a safe place for difficult conversations.
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1. Source: Executive Briefing: Case Study on the Return on Investment of Executive Coaching Prepared by: Merrill C. Anderson, Ph.D. MetrixGlobal, LLC
2. Source: The Realities of Executive Coaching”, HBR Research Report by Diane Coutu and Carol Kauffman, January 2009.