The Benefits of Coaching Employees

[NOTE: This post was updated August 2017]

What are the benefits of coaching employees? Harvard Business Review’s Answer Exchange offers some great reasons:

When organizations coach employees, benefits to the company include:

  • Overcome costly and time-consuming performance problems
  • Strengthen employees’ skills so you can delegate more tasks to them and focus on more important managerial responsibilities—such as planning
  • Boost productivity by helping your employees work smarter
  • Develop a deep bench of talent who can step into your shoes as you advance in the company
  • Improve retention; employees are more loyal and motivated when their bosses take time to help them improve their skills
  • Make more effective use of company resources; coaching costs less than formal training

When employees are coached, they:

  • Build valuable skills and knowledge they can use to advance in their careers
  • Feel supported and encouraged by their manager and the company
  • Experience the pride and satisfaction that come with surmounting new challenges

*Note: For an updated and more comprehensive list of the many benefits of coaching employees, read my 2017 post, “The Many Benefits of Coaching Employees.”

Written By: Steve Nguyen, Ph.D.
Leadership & Talent Consultant

Reference

Originally posted on HBR Answer Exchange (now defunct); Adapted from the book Coaching People: Pocket Mentor Series, Harvard Business Press