Managers and leaders at the biopharmaceutical giant are being trained to enhance their coaching capabilities, driven by employee demand.
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One of the major reasons employees - especially new hires - become disenchanted with your company is the lack of learning, feedback, and coaching. If coaching in sports works so well in helping teams and athletes perform at a higher level, why can't we apply that same concept in a business setting.
Here are some eye-catching stats on the impact of coaching:
"A report in Harvard Business Review found that employees were 44% more productive after receiving regular coaching, while the Institute of Coaching suggests that coaching can improve employee performance by 70%." Gallup has shown that 70 percent or more of engagement is related to a manager.
Given those studies, are you teaching your managers how to be great coaches? Or are your employees quiet quitting their bosses?