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The 2009 Sherpa Executive Coaching Survey

very crisis calls for great leadership. Today, a generation of leaders is being severely tested.One bad decision, even one bad attitude in top management can cost people their jobs.That’s why executive coaching is an essentialdevelopment tool for leaders at every level. Eachyear, the Sherpa Executive Coaching Survey offersinsight into leadership development and executivecoaching. For the fourth year in a row, the surveyhas gathered information from coaches themselvesand from those who hire them.Ideally, executive coaching creates positive changesin business behavior in a limited time frame. Butcoaches bring wildly different levels of training, skilland experience to the job. Selecting the right coachis important. Choices must be made: Who gets acoach? How are services delivered? How muchshould this cost?The Sherpa Executive Coaching Survey helps peoplemake those decisions and teaches them how tomeasure return on investment.The 2009 survey was conducted by SherpaCoaching, an executive coach training andcertification institute in Cincinnati, Ohio, USA, andsponsored by the executive education programs atTexas Christian University in Fort Worth, Texas and the University of Georgia in Athens, Georgia.The Sherpa Executive Coaching Survey is unique in three important ways:1.

The survey focuses on executive coaching, with an open invitation for global participation.2.

The fourth annual survey allows clear identification of industry trends.3.

Complete results are released rapidly, at no charge, for the betterment of the profession.Since this survey deals with executive coaching, any findings or response rates attributed to coachescome from executive coaches only. In some cases, we provide responses and data from life andpersonal coaches. These findings are always clearly identified as such.

2009 Sherpa Executive Coaching Survey

2009

Sherpa

Coaching,

Cincinnati,

Ohio

USA

–

media

contact

and

reprint

permission:

info@sherpacoaching.com

Table of Contents

What is executive coaching? .................................................................................................................................. 4Why are executive coaches used? ........................................................................................................................ 4Who gets a coach? ................................................................................................................................................... 5Coaching by the book?.......................................................................................................................................... 6Who is doing the coaching? ................................................................................................................................... 8Delivery methods for coaching: ............................................................................................................................ 9How long does coaching take?............................................................................................................................ 11Where’s the money? .............................................................................................................................................. 13Annual earnings for executive coaches. ........................................................................................................... 14Annual earnings for life coaches ........................................................................................................................ 15Calculating R O I for executive coaching .................................................................................................... 16Training the coaches ............................................................................................................................................ 17Who has the credentials? ..................................................................................................................................... 18How is coach training delivered? ....................................................................................................................... 19Does training make a difference? ..................................................................................................................... 19The credibility of coaching .................................................................................................................................. 20Survey methodology ............................................................................................................................................. 21Index .......................................................................................................................................................................... 23Survey sponsors .................................................................................................................................................... 24

2009 Sherpa Executive Coaching Survey

2009

Sherpa

Coaching,

Cincinnati,

Ohio

USA

–

media

contact

and

reprint

permission:

info@sherpacoaching.com

Executive Summary

As leaders look to improve their organizations, they pay special attention to developing those whowill follow them, and to creating new rising stars. Executive coaching is a personal service designed to aid those transitions.Executive coaching is a maturing industry, with more veteran coaches among the ranks than everbefore. Those coaches are more highly trained, as well.Coaching’s credibility as a leadership development tool is rising, and standards for practice andprocess are being developed.

Executive coaching trends include:

•

In-person coaching as opposed to telephone delivery.

•

Universal standards of practice, similar to accounting andfinancial planning.

•

Regular and structured meetings, with fixed-lengthengagements.

•

Adoption of industry standards for training andcertification.

The 2009 report answers critical questions:

•

What is executive coaching?

•

Who gets a coach?

•

How are services delivered?

•

Who becomes a coach?

•

How do they get their training?

•

How much does coaching cost?

•

Is it worth the money?Our fourth annual survey drew 1,500 participants, bringing margins of error down to 2.6

.The Sherpa Executive Coaching Survey is in its fourth year. Based on increasing participation everyyear, the 2009 survey accurately identifies changes and trends in industry practices. For the first time, we can separate answers by age and gender. More on the survey’s methodology is available in the appendices.

Road warrior: Executive coaching authorMarshall Goldsmith delivered 150+speeches during 2008.

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SherpaExecutiveCoachingSurvey2009

Research on leadership development and executive coaching. Fourth annual survey, sponsored by UGA, TCU, Sherpa Coaching. Coaching defined, career choices, who hires, hourly bill... (More)

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Category:	Research > Business & Economics
Rating:	(2 Ratings)
Upload Date:	01/21/2009
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Tags:	research Life university training study leadership career report survey Certification (more tags) research Life university training study leadership career report survey Certification selection sherpa roi Credibility Earnings ICF return on investment executive coaching (fewer)