DOES COACHING WORK?
A recent study of Executive Coaching in a Fortune 500 firm by MetrixGlobal reported a 529% return on investment and significant intangible benefits to the business.
A 2001 study on the impact of executive coaching by Manchester Inc. showed an average ROI of 5.7 times the initial investment or a return of more than $100,000, according to executives who estimated the monetary value of the results achieved through coaching*
A survey by Manchester Inc. of 100 executives found that coaching provided an average return on investment of almost six times the cost of the coaching.
An internal report of the Personnel Management Association showed that when training is combined with coaching, individuals increase their productivity by an average of 86% compared to 22% with training alone.
A Hay Group study of Fortune 500 companies found that 21 to 40% utilize Executive Coaching; Coaching was used as standard leadership development for elite executives and talented up-and-comers.
We live and work by the golden rule, "Treat others as you would want to be treated." In the business world, that rule doesn't seem to always apply. We refuse to accept that practice and we believe that people and businesses want to be respected, understood, and appreciated because that is how we want to be treated. Investing in a partnership and coaching relationship with Estacar means that we are equally invested in your growth and your vision.
Our clients see and feel the difference when they work with us. And that makes us different. As a boutique business acceleration and coaching firm, we are very selective in our partnerships and our commitment produces results.
What good is coaching? Why do I need someone to tell me how to live my life or run my business? How would listening to someone else talk about what they think I should do really help me? Am I not capable of being my best self on my own? These are some of the questions that many people have been asking themselves and has contributed to a misunderstanding of what coaching is, how it works, and how it can help people find out what drives them and apply it to create a better and more fulfilling life.
If this description of coaching sounds like it could benefit just about anybody, it’s because it can, and it can benefit highly motivated individuals most. Coaching is not therapy or counseling, which pairs a mental health professional with a client who may be struggling with an illness or disability. It’s not mentorship, in which a professional is paired with a more experienced professional. Coaching is also distinct from a training relationship, where a teacher or trainer agrees to share their knowledge or skills with a client for a short period of time.
Coaching can help fill in the gaps in our master plans and clarify the path from where we are to where we want to be. It is a partnership between the coach and the client designed to help the client explore their options, focus on their goals, and create a personalized action plan. We do not give our clients a list of boxes to tick or a strict set of steps to follow, rather we aim to help our clients discover their own motives and goals, and aid them in finding the best path towards them. While a coach approach is how we look at life and something we bring to every client, executive, and personal coaching can accelerate your vision even more.
Our coaching clients are as diverse as the industries we've served. They are College Students, CEO's, Entrepreneurs, Mothers, Athletes, Athletic Coaches, Professional Athletes, Fathers, Executives, and Individuals in life or career transition.
We develop leaders and an extended team and network, which in turn develops more leaders. We believe coaching is one of the most effective tools available to take leadership development to a deeper and more sustainable level – whether focused on the individual, groups, teams, or the entire organization.
Core Attributes, Skills & Competencies of Estacar Coaches
· An advanced degree in business or behavioral science
· Strong business acumen and interpersonal skills
· More than 5 years of coaching experience
· Executive credibility and authenticity
· Real-world work experience in either leadership or key industry expertise
· A high regard for confidentiality and ethics
· A vast network of resources and relationships
Our Coaches and Executives Have Extensive Knowledge of Your Industry