The CIPD survey on coaching and mentoring find that the activities are alive and well despite the economic climate.
Key findings are:
Use of coaching has dropped from 90% of respondents to 77% but there is an increase of useage in 84% of companies who responded positively.
There is an increase of expenditure on coaching although it is small.
Use of Line Managers and internal coaches to deliver has dropped from 37% to 32% and more external providers are now delivering (up from 14% to 20%).
Coaching and mentoring are being used to address performance and capability issues more than ever with reported useage doubling. Coaching is also being used more in employee engagement. Coaching still tends to focus on developmental and personal effectiveness issues rather than business awareness etc.
Mentoring is used in 75% of organisations in some form or another and tends to take a more informal approach.
The survey results are positive for the future of coaching and mentoring proving that even in the current economic climate organisations are willing to invest in the activities because they see the benefit.
The Coaching Climate is available from the CIPD.