Coaching flagged as a business essential

Posted by HR Zone in Managing people on Tue, 05/02/2008 - 10:31

Business now sees coaching as an essential part of training and talent management programmes - with real commercial benefits.

Recent research undertaken by PricewaterhouseCoopers for the International Coaching Federation found that the approximate annual worldwide revenue produced by coaching was $1.5 billion.

Speaking on the eve of International Coaching week, which starts today, Helen Caton of coaching organisation the Forton Group, said: "Coaching and cosmetic surgery have something in common. They give a huge boost but people don't always like to admit to using them."

But that's changing: "Coaching is now a valued professional service," she said. "And while our clients don’t publish figures outside their business, they view coaching as an essential part of their training and talent management programmes, from which they see actual commercial benefits.

"Leadership is an acquired skill and coaching can provide the key to nurturing the next generation of leaders. But inspiration alone isn't enough. For talented people, the support of a great coach will significantly accelerate their growth into leadership."

To read the rest of the article you'll need to log in below

If you've forgotten your details click here for a reminder

If you haven't got an account, it's free and only takes a minute to set one up,
click here to register

Create your free account

  • Access all articles in full
  • View multimedia
  • Receive email bulletins
  • Private messaging
Register now

Login

Forgotten your password?

Editor's Welcome

 

Hello! And welcome back as we enter 2012, with a busy year ahead of us all. With talk of double-dip recessions, a possible partial or even full break-up of the Eurozone and unemployment rates set to hit nearly 9%, topics such as organisational streamlining, staff resilience and talent management are likely to be on many an HR professional's lips over the next 12 months.
 
But to lighten the gloom here in the UK, we also have the Queen's Diamond Jubilee and its attendant public holidays to look forward to at the start of June. Followed by two weeks of Olympic Games from 27 July to 12 August and the Paralympics from 29 August to 9 September, each generating their own excitement, but also issues to work through for hard-pressed HR departments trying to sort out the multifarious staffing issues in advance.
 
So with an interesting but challenging year to come, HRZone promises to be with you, supporting you all the way and providing our usual insightful blend of news, analysis, community blogs and expert comment to help you sort the wheat from the chaff. As ever, we love to hear from you too so feel free to either post your words of wisdom to our blog section yourself or, in the case of longer, more in-depth ‘expert voice’ articles, drop me a line with any ideas to cath.everett@siftmedia.co.uk.....
 
Cath Everett
HRZone Editor 
 
 
Here's our pick of some of the latest hot topics on the site:
 

HR Yearbook 2011

HR Heath and wellbeing