According to recent research 55 percent of information technology (IT) projects are deemed unsuccessful. In 2016, globally, organizations waste an average of $97 million dollars for every $1 billion invested information technology projects. These numbers should be of tremendous concern when these projects often focus on critical operational aspects like knowledge management, data analytics, intellectual property, cybersecurity, and information management. These numbers also point the critical need to develop leadership skills for information technology project managers. This paper explores the need and viability for organizations to invest in leadership coaching as employee development tools for their IT project managers and cybersecurity technical staffers.