The corporate coaching market is on fire. Today more than $360 Billion is spent on all forms of corporate training (average company spends around $1,400 per employee per year) and you can add an additional $300-500 per year on coaching. The result is a massive market, one that might be over $450 Billion or ... Read more»
Online coaching has become a white-hot market and it’s totally disrupting leadership development. Vendors like BetterUp, Torch, CoachHub, Bravely, SoundingBoard, Pluma (owned by Skillsoft), and Ezra have now become some of the fastest-growing vendors in the training (and HR Tech) market.
BetterUp, the clear market leader, is now valued at ... Read more»
Of all the surprises from the pandemic, one of the biggest is the explosive growth of online coaching. It’s as if the virus hit us hard, disrupted us in unpredictable ways, and we’ve now unleashed the internet to help support each other.
I know this sounds a little altruistic, but how else can I explain ... Read more»
In this podcast, I discuss the billion dollar+ market for online coaching. It’s an amazingly successful, fast-growing space with four distinct categories.
- Coaching on-demand, driven by AI matching,
- Leadership development for all, democratizing coaches for everyone,
- Wellbeing, mental, and behavioral health – psychologists selected for you,
- General coaching for training – coaches for sales, service,
PowerSkills In Action: A Conversation With Mursion About Leadership, Practice, Culture, Avatars, And More.
How do you develop these essential PowerSkills in business? As I describe in this podcast, there are four methods: traditional instructor-led training, 360-degree assessment and coaching, simulation and real-world experiences, and suggestions and nudges. Mark Atkinson, the CEO of Mursion, a fast-growing provider of Avatar-based simulation training, interviewed me on this topic and we ... Read more»
This week BetterUp announced another $300M round of funding, valuing the company at $4.7 Billion. Recurring revenues are already over $100 Million this year more than doubling year over year. Vendors like SpringHealth (Unicorn on the therapy side of coaching), CoachHub (fast follower to BetterUp), Torch (coaching integrated into L&D), and others are now ... Read more»
It may sound odd, but the coaching market has caught fire. I’ve talked with coaching providers for more than 20 years and I always considered this a cottage industry. Lots of ex-CEOs and psychologists retire, go into business coaching, so companies hire them. And HR managers tend to hire who they know, who they like, ... Read more»
The top issue on the minds of HR leaders today is the need to “rebuild a culture of performance” in their organizations. (From the 2009 Talent Management Factbook®, n=780 organizations). This is a clear result of the slow economy, restructuring and layoffs, and stock market drop we have experienced this year.
In response to ... Read more»
We recently completed High Impact Talent Management®, a major research study on the business impact of corporate leadership and talent management processes. One of the goals of this research was to understand where organizations could best focus their leadership development and management efforts to drive greatest business results. We call these findings the top 22 high-impact ... Read more»
We recently completed High Impact Talent Management®, a large research study on the business impact of various leadership and talent management processes. One of the goals of this research was to understand where organizations could best focus their leadership development and management efforts to drive greatest business results.
What we found was very enlightening: the ... Read more»