Executive Coaching: 4 Leadership Development Statistics You Should Know

Building a strong team and organization begins with developing its leaders and their skills. Executive coaching allows business leaders to improve their communication skills, build resilience, and overcome challenges. Not convinced executive coaching is for you? The proof is in the pudding. Here are 4 leadership development statistics that may surprise you:

77% of organizations say leadership is lacking

With poor leadership, an organization cannot function as one well-oiled machine. When leaders fail to effectively guide, coach, and manage, it affects their employees’ performance — and when employees are underperforming, the organization is not reaching its short and long-term goals. Therefore, the key to reaching performance goals is developing the organization’s leaders.

Leadership development improved learning capacity by 25% and performance by 20%

There’s a reason so many organizations now require quarterly leadership training — and that’s because leadership development is effective. Strong leaders know there is always room for improvement, and leadership development supports continued growth in learning capacity and performance. Why settle for good when you can have great?

79% of employees quit because they do not feel valued

High employee turnover rates can often be attributed to poor leadership. When employees feel unappreciated, they leave. Strong leaders recognize the importance of listening to their employees, addressing their unmet needs, and acknowledging a job well done. Executive coaching is crucial in developing a leader’s relationship with their employees.

Only 10% of people are natural, high-quality leaders

Most people are not born leaders — but everyone has potential. Leadership skills are learned and developed over time. Failing to put in the time and resources necessary to develop those crucial leadership skills is only harming the organization. With executive coaching, leaders can reflect on their performance and leverage their strengths and weaknesses to more effectively address daily challenges.

Floro Business Strategies believes that in today’s fast-paced, dynamic-operating environment, leaders must be able to understand themselves and their strengths and opportunities to successfully grow their businesses. Interested in learning more about executive coaching? Schedule a consultation with one of our professionals today!

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