4. What has been your biggest success in 2016?
In 2016 we have a lot of very big successes corresponding to the types of clients we work with: executive & business coaching. When talking about business coaching, for the Romanian entrepreneurs we managed to co-create the future of a client-company that has achieved way more than the targets that were set in the beginning. We are talking about an increase from less than one million euros to over 3 million, turnover, in small and medium entrepreneurship.
In the corporate sector, the success that stands out is an extremely difficult CEO transition between two positions, each of them holding great responsibility. The transition ended with a great success several weeks ago.
5. According to your studies, how much – in terms of percentages – does a successful executive coaching experience improve the managers’ skills and efficiency?
In order to answer this question I have to say that the coaching incrementally used for statistically improving the abilities and efficiency is a secondary subject for us, here at RoCoach. We focus on transformational coaching that changes the entire professional horizon: the managerial skills, the executive presence and also the organizational efficiency. Usually, people come to us for building a new perspective, a perspective in which the skills, abilities and competences are viewed differently, in a new, more efficient way.
Getting back to the question, the percentages are high, even when talking about incremental coaching, there is a minimum of 50-60% improvements.
6. How expensive is it for a manager to reach his/ her full potential from the executive coaching point of view? From your experience, how fast is the return on investment?
Because RoCoach is the leading supplier of executive coaching services on the market, it is perceived to be expensive, but this perception is strongly correlated with the power and the impact of the client’s objectives. The ROI appears immediately after the first meeting, basically in no time.
7. Can you forecast a growing share of the coaching market for 2017? Please detail the fundamentals.
From our perspective, the coaching market will have a moderate growth in 2017, because of several reasons. The vast majority of corporations are already working with executive coaches, so the only growth that can come from this point of view are the new players entering the market, or the companies that need an organizational transformation.
I would associate the market growth with the local and entrepreneurial businesses, because this part of the market still remains unexplored.