Hiring a coach for your business is not a luxury, it's essential!  In a recent survey, 86% of companies indicated that their company had at least made their investment back.  In fact, 19% indicated an ROI of at least 50 (5,000%) times the initial investment while a further 28% saw an ROI of 10 to 49 times the investment.  The median company return is 700% indicating that typically a company can expect a return of 7 times the initial investment. (Source: ICF Global Coaching Survey, April 2009)

Let's face it, organizations are constantly changing, which subject your current employees to vulnerability and become less engaged in the business and vision if left they are not cultivated.  The Gallup Management Journal (GMJ) states “Engaged employees are more productive, profitable, safer, create stronger customer relationships, and stay longer with their company than less engaged employees.” 

This research indicates that “workplace engagement is also a powerful factor in catalyzing
‘outside-the-box’ thinking to improve management and business processes as well as customer service.” (GMJ 10/12/2006).

Coaching vs. Consulting

Does your company need a Coach or a Consultant? There are some critical differences between the two.

Hiring a Consultant is like adding a highly-skilled project manager on an as-needed basis. It’s smart to select a Consultant with a strong track record in a particular area where your company needs assistance. For instance, if you’ve been experiencing high employee turnover, a Consultant with a strong background in Human Resources and Training could be the ideal solution.

Consultants will draw from their established skill sets to help you define specific goals. You can also retain them to accomplish the projects for you.

A LET Consultant could help you when:

• Your company needs a change agent to increase overall effectiveness.
• Your bottom line is falling short of projections.
• Your HR team needs to step up to meet employee and leadership demands.
• You feel your competition is eating you for breakfast.
• You need a clear direction, an aggressive, realistic plan to get there, and maybe even an expert to make it happen for you.

A Coach is your ‘accountability mentor, guiding you to discover your own solutions and develop positive new skills. Unlike a Consultant who will do the work for you, your Coach will empower you to shift your mindset and behaviors so you can do the job yourself. Coaches use strong motivational and inspirational skills to get you and your team in an authentic, realistic space, moving forward, together, as effective leaders.

LET can provide a Coach when:

• You feel you’re spinning your wheels and getting nowhere.
• Morale or productivity is lacking.
• Effective communication, leadership and teamwork are just great ideas, and not the reality.
• Members of your team seems out of alignment with the company's vision.
• You or your team seem to change course frequently, with negligible results.
• You want clearly defined structure, accountability and tools to meet ambitious goals.