Preliminary results from a recent survey show that companies which invest in coaching for their senior executives, focus on leadership development.
The poll was conduced by Sherpa Coaching in association with the Tandy Center for Executive Leadership.
1,300 executives from 35 countries responded to the study. The complete report and breakdown will be released on January 15th.
The results showed:
- 90% of respondents found the value of coaching to be “very high” or “somewhat high.”
- 74% believe that the credibility of coaching to be “very high” or “somewhat high.” This is a 7% increase over last year’s results.
The International Coach Federation estimates that the annual revenue from the global coaching industry is approaching $1.5 billion. A large majority of that figure is invested in executive and leadership coaching.
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