By Steve Taplin
The pillar of every successful business is happy employees, and effective coaching is a crucial ingredient to satisfied employees. Effective coaching leads to improved performance, knowledge transfer, skill improvement, and employee retention.
Here are some statistics on the impact of excellent coaching:
- 77 percent of Fortune 500 employees suggest coaching had a significant effect on performance
- Executive coaching created a 788 percent ROI for one Fortune 500 company
- Around 70 percent of employees that received coaching saw improved relationships and communication from their coaching
- 88 percent of companies saw a strong ROI from their coaching experiences
If you’re running a 100 percent remote technology business, you’ll need to ensure you have an excellent coaching strategy, and here are some ways you can do that.