The rise of globalized organizations and a more collaborative nature of work, along with the growing risk and cost of employee turnover have propelled coaching into the spotlight as a primary means of employee development and an imperative skill for leaders to learn. Indeed, in the face of weakened talent retention and a fragmented labor market, turnover costs can reach $400K for organizations, notwithstanding the loss of morale and poor branding.
As a result, organizations have a renewed focus on investing in activities and development methods to motivate, engage, and retain employees. But, how prepared are organizations to scale their coaching? What measures must be considered and implemented in order to move from an individual coaching model to building an organizational coaching culture? How can global reach be accomplished with local touch? In this session, Lee Hecht Harrison will explore how the development method of coaching, historically an individual process reserved for senior leaders, has shifted to a global necessity among all levels of an organization, based on data from their 2012 report in partnership with HCI.
Don’t miss these key takeaways:
Learn who among employees is provided coaching and what benefits it can provide
Recognize critical behaviors and skills that are strongly influenced by an effective coaching model
Determine ways that coaching can be better integrated into the practice of talent management and employee development lifecycle