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Did you know that the Coaching industry is a $15+ billion powerhouse and the second fastest growing sector in the US, only behind the technology sector? Here’s the reason why – it works.

1. What is Coaching?

According to Christian Simpson of the John Maxwell Training Team, “Coaching is a series of intentional conversations that empower a person to gain clarity and embody their calling.” Your coach helps you imagine a greater possibility for yourself and them supports you in achieving it. You coach becomes your partner, advocate and champion who actively listens, asks powerful questions and sometimes provides suggestions to help attain your new vision.

Coaching is NOT:
• Consulting – Consulting analyzes data and best practices to provide answers. Coaching brings out the answers from with the person.
• Mentoring – Mentors are experts in their field helping novices to learn the ropes. Mentors tell; coaches listen.
• Therapy – Therapy focuses on the past life traumas to discover root causes of phobias, addictions, etc. Coaching focuses on the present and future.

2. Why are Companies Offering Coaching to their Employees and Managers?
• The Return on investment (ROI) for coaching services are 6x the program costs – (Source: Fortune 500 survey)
• Coaching as a training follow-up yields 4x higher productivity than without it – (Source: Intl Personnel Mgt. Association)
• Coaching is a great retention tool – Millennials are very comfortable with this learning style

3. Who likes Coaching?

According to Coachfederation.org, the future trends from now until 2022 include:
• People going through a life transition (employee to manager, business start-ups, new retirees, employed to unemployed, re-entering the workforce)
• Millennials (ages 24-39 in 2020) particularly love this form of education

4. What are the Future Trends in Coaching?

According to a survey by the coachfederation.org:
• Professional coaching for Millennials leaders will increase 82%. In total, 23% of coach practitioners surveyed reported their clients are under the age of 35.4;
• Leader-as-coach training will become more prevalent (89%)
• Team coaching will increase (83%)
• Leadership development programs will include additional coaching (89%)
• More than half of the coach practitioners (51%) believe to a large extent that coaching if able to influence social change.

Please see our products page for coaching, assessments and coaching training that we provide at:  www.dauconsultingservices.com