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The Secrets Of Olympic-Level Coaching In The Workplace

High-potential employees are twice as likely to quit if they’re not coached well, a new study finds.

Next week in Paris, the 2024 Summer Olympic Games will commence. While we’re watching the performance of the athletes, we may not realize that we’re also seeing the performance of the coaches.

“When you look at Olympic coaches, they’re not running races for their athletes, but rather creating the conditions for them to achieve their best performance,” says David Tessman-Keys, a former professional athlete and president of DDI. “Yet, in the business world, leaders often overstep when it comes to coaching—focusing too much on showing and telling how to get work done, instead of empowering employees to reach their own conclusions.”

This week, DDI released new research on the state of coaching in the workforce. The study found:

  • Leaders who get quality coaching are 4.3X more likely to feel they have a clear development path as a leader and 2.7X more likely to feel accountable for being an effective leader
  • Companies with a strong culture are 2.9X more likely to be capable of engaging and retaining top talent
  • Organizations with strong coaching cultures are 1.5X more likely to be among the top 10% of financial performers

 

“This increase in individual purpose has a ripple effect across the organization, driving greater employee retention—and ultimately, stronger business performance,” says Tessman-Keys.

As the world prepares to celebrate its world-class athletes, I connected with Tessman-Keys for a conversation on the coaching that brought them to this moment—and what business leaders can learn from Olympic-level coaching. Here’s what we covered.

A coaching culture

The term “coaching” usually brings to mind an experienced leader or player teaching their ways to a less experienced individual. But Tessman-Keys challenges the notion that coaching is always a top-down structure. “Olympic teams are successful precisely because they’ve built a coaching culture,” he says. “Coaches of professional sports teams foster an environment where athletes hold each other accountable and offer peer feedback and motivation to help each team member be their best self.”

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