Managers and HR Professionals who are trained coaches are today’s secret weapon for corporate success and competitive excellence. According to the most recent update of Birkman International’s landmark study The New Reality, “Leadership development, finding talent, employee development, and employee retention rank highest in terms of the people-related needs of organizations.”
Birkman’s Mark Wickliffe further reports in Preparing for the Coming Talent Storm:
As the economy continues to improve career opportunities will grow with it. Retaining productive employees, who may be disengaged, becomes the priority. Talented employees are essential to a company’s success. When they leave so goes their intellectual capital, relationships, and often the momentum of projects they are involved with. Added to this, you have costs associated with recruiting and training new employees and in decreased production as less experienced employees get up to speed. Source: Talent Strategy, 2011, Birkman International & Stanton Chase International