The Business Case for Coaching: Effective leadership remains a top concern for organizations
The Issue
- More than half of U.S. employers are experiencing a leadership shortage that is impeding their organization’s performance (Aon Consulting’s "2008 Benefits and Talent Survey")
- Succession planning is taking on a new urgency as baby–boomers head toward retirement.
- Going to the outside is a risky proposition – 50% of new executives resign or are terminated within their first three years with a new organization (according to separate studies conducted by Aon Consulting and DBM).
Where Companies are Falling Short
- Executive programs tend to be generic and academic.
- In–house leadership programs and orientation programs may help align leaders to corporate culture and strategy, but these programs rarely take into account the individual needs of each participant.
- In today’s organizations, management layers and opportunities have been reduced, resulting in the elimination of lower–risk, incremental and developmental assignments. Positions carry greater responsibility and higher risk than ever before.
Adison & Partners