Results Survey 2023 – Value of Business Coaching

The survey by Clear-Path in October/November 2023 among European companies reveals diverse growth trajectories and attitudes towards business coaching, indicating both challenges and opportunities in performance improvement and external consultancy engagement.

Clear-Path has conducted in the months of October/November 2023 a survey among European companies and has yielded valuable insights into their current growth trajectories and the perception of the role of business coaches. Here is a more detailed breakdown of the survey findings:

 

Current Growth and Performance:

25% of respondents expressed dissatisfaction with their current performance and growth. This indicates that a significant portion of companies is facing challenges and seeking improvement opportunities.

30% of respondents reported being reasonably happy with their current performance and growth. While they are not dissatisfied, there is room for improvement and optimization in their businessoperations.

45% of respondents are content with their current performance and growth. This group represents companies that are generally satisfied with their current trajectory and are likely performing well in their respective industries.

 

Engagement with Business Coaches:

45% of respondents have engaged with a business coach or consultant. This demonstrates that almost half of the surveyed companies have recognized the potential benefits of working with external experts to enhance their performance and growth.

55% of respondents have not worked with a business coach or consultant. While more than half have not yet explored this avenue, it indicates that there is still a considerable market for business coaching services.

 

Perceived Value of Business Coaching:

30% of respondents found working witha business coach or consultant to be valuable. This suggests that a substantial portion of those who have engaged with business coaches experienced positive outcomes and value-added support.

20% of respondents did not find working with a business coach or consultant valuable. For this group, there might have been challenges or gaps in their coaching experiences that did not meet their expectations.

50% of respondents found working witha business coach or consultant somewhat valuable. This middle ground indicates that many companies see potential in business coaching but may have varying degrees of satisfaction with the outcomes.

 

Openness to Feedback and Guidance:

20% of respondents are not open to receiving constructive feedback and guidance from a business coach or consultant. This segment may be less receptive to external input and might require tailored approaches to engage effectively.

40% of respondents are open to receiving constructive feedback and guidance. This group is willing to explore coaching opportunities and acknowledges the benefits of external perspectives.

40% of respondents are super open to receiving constructive feedback and guidance. This highly receptive group is likely to be proactive in seeking coaching support and actively implementing recommendations.

 

In conclusion, these survey results underscore the diversity of perspectives within European companies regarding their growth, engagement with business coaches, and the perceived value of coaching relationships. It highlights the potential for business coaches to address the needs of companies seeking to improve their performance and navigate challenges effectively.

 

Leveraging the expertise of experienced business coaches can provide valuable guidance in addressing businesschallenges, enhancing performance, and achieving growth objectives. For personalized business coaching support, read more on what Clear-Path can offer in Business Coaching.