Is coaching really a game changer in the workplace?
What is coaching in the workplace?
Coaching comes in all shapes and sizes – in sport, life and in the workplace. In the workplace it can set employees up for success and empower them to be the best version of their professional selves, unlocking potential in an individualised and human-centred approach.
A positive coaching intervention aims to increase personal and professional wellbeing, encourage a positive mindset and, in turn, promote positive action by ‘assisting individuals to enhance their performance, skills, and achievements’ (Douglas & McCauley, 1999).
Evidence-based coaching is brief, time bound and focuses on supporting individuals to utilise their strengths, identify how they add value, and guide them to find their own solutions to the problems they may face and the goals they want to achieve. It fosters internal motivation, boosts morale and leaves employees feeling empowered and energised.
It is a game changer because of its longevity in empowering individuals to independently make changes, to be critical thinkers and solution-focused in the face of adversity or change.
The impact of coaching in the workplace
Many companies consider coaching a crucial part of their business strategy. As research indicates, coaching will deliver a great return on investment, offering an invaluable tool for developing and empowering a broad range of staff.
According to the International Coaching Federation, the benefits of coaching are many and measurable. 80% of people who receive coaching report increased self-confidence, and over 70% benefit from improved work performance, relationships, and more effective communication skills. 86% of companies report that they recouped their investment on coaching and received more benefits than expected.
When employees thrive, the impact ripples into every aspect of the business. Successful organisations aim to train, nurture, and retain quality staff, as it is much easier to retain valuable staff than it is to rehire and retrain in this current staff shortage climate and impending great resignation.
According to McKinsey’s research, the top reasons employees are considering leaving their role in the next three to six months are:
Lack of career development and advancement potential - Cited by 43% of workers likely to leave
Inadequate compensation (35%)
Workplace inflexibility (32%)
Lack of meaningful work (31%)
Coaching can support employees to find value and meaning in their work, and help them to advance their potential within their roles. Professional coaches have the knowledge and expertise to help your team become its purpose-driven and cohesive best self.
How can Generation Thrive help?
At Generation Thrive, we partner with professional coaches across Australia to complement the online learning and group workshops that make up our overall program experience. These 1:1 coaching sessions available in the program add immense value to our outcomes by supporting and guiding individuals to apply their learning in the program to their personal and professional goals.
See what recent participants said!
“Having my personal coach was a great aspect of the program. Just being able to have our chats and discuss things that were happening for me at the time was really helpful. I appreciated how he guided me to find my own solutions” Sam
“I have worked closely with my coach, who has been amazing with her ability to communicate and bounce ideas off. The program makes you reflect on your current life, how to become the best version of YOU possible and how to get a nice balance between the day-to-day grind of work, league football and my social life.” Liam
Put people at the centre of your business and consider how our human-centred coaching may benefit you and your team to thrive.