Two new coaching survey reports

You may have seen these already but two research reports were published last week - the ICF Global Coaching Survey, and the 2007 Executive Coaching Report from Marketing Sherpa. Both reports provide important data for the coaching profession.

Some of the key findings from the International Coach Federation (ICF) Global Coaching Survey undertaken by PriceWaterhouse Coopers included:

* The approximate annual worldwide revenue produced by coaching is $1.5 billion (USD).
* Coaches earn an average of $50,510 (USD) per year.
* 69% percent of coaches are female.
* The average coach is 46-55 years old, has coached for 5-10 years, and 53 percent of coaches have acquired an advanced level of education (i.e., Master's Degree or Ph.D).
* The majority of coaches maintain 11 active clients at any given time.
* Coaching clients tend to be 56 percent female/44 percent male, and between 38 and 45 years of age.

More information can be found at the ICF website under the ICAW materials.

The second report recently published is the 2007 Global Executive Coaching Survey from Marketing Sherpa. This report also provides critical data on the executive coaching field, and will be of interest to coaches who undertake corporate work. Their survey can be found at http://www.sherpacoaching.com/survey.html. The site also includes three useful articles on Executive Coaching including:

"Can I Get My Money Back? What’s the Return on Investment for Executive Coaching?" looking at ROI for executive coaching, along with formulae you can use to calculate it.

"Executive Coaching Gets Personal", which looks at the trends in the delivery of executive coaching, as well as survey results.

and "Do You Believe in Coaching? Who gets a Coach, and Why", looking at how HR professionals and purchasers of coaching view coaching.

There is some very interesting and important data in both reports -- I hope that you will be able to check these out. What are your thoughts on the reports -- please feel free to comment below!

With best wishes,
Jennifer

Jennifer Britton, CPCC, CHRP, CPT
Potentials Realized
GroupCoachingEssentials.com
Email: jennifer[at]potentialsrealized[dot]com
Toll Free: 1-866-217-1960

The Group Coaching Essentials program starts this Thursday at 10:30 am (EST). Are you looking to launch your own group programs soon? If so, I hope that you will consider joining us. The program is a hands-on, interactive teleseminar program, designed to support coaches to create their own group coaching programs. We cover The Essentials of Group Coaching, Designing and Implementing Your Group Coaching program, Marketing and Exercises for Your Group Coaching program. This month's program will be meeting on Thursdays from 10:30 - 11:45 am (EST) on February 15, 22, March 1 and 8th, plus an additional call in April/May. I would love to have you join us ---a few spaces still remain! For more information, please click here, or give me a call at 1-866-217-1960. Alternatively you can also email me at jennifer[at]potentialsrealized[dot]com. Looking forward to speaking with you!