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5 Payoffs of Effective Performance Coaching

5 Payoffs of Effective Performance Coaching
From Recruiter - February 22, 2017

Coaching is unlocking a persons potential to maximize their own performance. Its helping them to learn rather than teaching them.Tim Gallwey, author

Performance coaching,defined by the U.S. Office of Personnel Management asan ongoing process which helps build and maintain effective employee and supervisory relationships, is a way of leveling the playing field. When managers act as employee advocates, theyencourage and develop their employees to be more engaged, better-performing team players.

The following five payoffs of performance coaching solidify the need for acoaching strategy at every company and team:

1. Increased Productivity

A recent report from leadership development experts Dr. Jack Zenger and Dr. Joe Folkman found a significant correlation between the effectiveness of a coach and the willingness of that coachs employees to go the extra mile, as outlined in the following graph:

The long and the short of it is that better coachessee better performances from their employees.

2. Higher Employee Engagement Levels

According to research from Temkin Group, 80 percent of HR pros say that employee engagement is an important area of focus for their organization. Unfortunately, it seems that many of these organizations are struggling: According to Gallup, 49.5 percent of employees are not engaged and 16.5 percent are actively disengaged.

Direct managers, higher-ups, and leaders have the power to create the buy-in necessary for engagement. Even maneuvers as simple as one-on-one feedback sessions, emailed thank-you notes, and verbal praise can be used to reframe employees outlooks on their jobs.

According to Red Branch CEO Maren Hogan, 37 percent of employees feel their bosses fail to give credit where credit is due.

This matters because if employees feel like their recognition is being stolen by their manager, they wont be incentivized to work as hard, Hogan writes. In turn, if you do give them credit, they will be more motivated. (Emphasis added.)

3. Increased Retention Rates



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