WHY

Why Coaching?
Leadership impact on employee engagement and overall firm performance is well documented. Clearly it matters. In today’s economy, retaining your best and brightest can be a challenging task. Recent studies suggest the percentage of high potentials planning to leave their positions has doubled in the past few years. Direct cost-only calculations dramatically underestimates the total financial impact of “derailment.” Co-worker productivity loss, search fees, bonuses, relocation, and retraining costs can easily add up to over 240% of annual salaries. Maybe a better way to answer the question is ask yourself, "what is the cost of not investing?"  

The math is simple. The positive impact from Polaris' proven program far exceeds any cost. Talent Managers recognize the high value ROI of executive coaching, making it your most effective weapon to combat the war for talent

Did You Know ?
50% of a firm’s market value is based on “intangibles”- leadership quality1
50% of high-potentials will derail in their career.2  
240%of executive base salary equals the cost of derailment.3   
57% of managers believe their company does not develop people effectively; benchmark studies show the best way to grow leaders is through job challenge & coaching.4
5 X is the rate that managers are likely to leave if they feel their company develops them poorly, compared to those who feel their company develops them well.5 
Quality executive coaching is the most effective means for achieving sustainable growth and change in the individual, group, and organization.
  1. Results-based Leadership (Norm Smallwood)
  2. Preventing Derailment Before It’s Too Late (Center for Creative Leadership)
  3.  Workforce Turnover and Firm Performance: The New Business Case for Employee
  4.  Retention.(Corporate Leadership Council 1: Workforce Commitment Series)
  5. The War for Talent (Michaels, Handfield-Jones, & Axelrod) Ibid
  6. HR Monthly


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