DDI Venture Group makes capital investment in advanced platform to help companies launch, manage, and scale their coaching practices
When everyone from frontline employees up to the CEO needs a coach—and all for different reasons—it can become a logistics nightmare for HR.
That’s why global leadership consulting firm DDI is investing in CoachLogix, a technology company with a powerful coaching platform. Designed to relieve the administrative burden of managing a coaching practice, the CoachLogix platform integrates vendors, scheduling, coach matching, reporting, billing, and many other features into one simple platform. Launched in 2014, CoachLogix serves thousands of clients worldwide, including LinkedIn, Mayo Clinic and Walmart.
“We’ve entered an era of constant learning as companies need to rapidly upskill their people,” said Doug Reynolds, Ph.D., executive vice president of innovations and technology at DDI. “Unquestionably, coaching is playing a critical role in helping people—especially leaders—grow to meet these new challenges. We see tremendous value in CoachLogix’s technology that makes it faster and easier for companies to connect their people with the coaching they need.”
HR Technology News: Blind Retired Federal Employee Sues Over Access To Health Benefits Information
In line with research showing that leaders want more coaching from internal and external mentors, the CoachLogix platform serves both HR practitioners and individual coaches from inside and outside the organization. From one interface, HR can assign coaches to employees, then track activities, tasks, engagements and results.
HR Technology News: Diageo North America Employees Convene For Local Volunteer Efforts
“We see a lot of HR professionals struggling to juggle multiple vendors, scheduling, measurement, documents, and more to maintain their coaching practice,” said Alex Pascal, Ph.D., CEO and founder of CoachLogix. “We aim to automate as many of those processes as possible, creating a single coaching ecosystem. DDI is an ideal partner to not only invest in our technology, but to offer their expertise in leadership coaching at every level, from first-time managers up to CEOs.”
DDI’s capital investment in CoachLogix is through DDI Venture Group, a strategic corporate venture fund. The DDI Venture Group targets investments in cutting-edge companies and technologies that complement DDI’s existing suite of leadership solutions.
HR Technology News: AIA Worldwide Grows Its Software Suite With TalentBrew CRM Launch