Results Of Leadership Development Programs. The participants for these leadership development programs are intended to be high potential future leaders. In our view an effective leadership program must focus on developing both the hard and soft skills in equal measure grounded in real-life business challenges.
See Figure 3 in PDF to be downloaded at end of article. In order to develop leadership programs that lead to optimal results and a steady and ready pipeline of leaders its critical to think about your audience and the program purpose from the start. A primary goal of any leadership development program is tight alignment to business objectives.
While it is critical to measure the effectiveness of leadership training to prove the value of the program to the organization measuring learning outcomes can be a challenge.
While the program was loved by the business when the results came in we could find no correlation between the training and the business performance of the learners teams. Overall 56 percent of organizations have no formal leadership development strategy. 1 Colleges and universities offer hundreds of degree courses on leadership and the cost of customized leadership-development offerings from a top business school can reach 150000 a person. 2-3 years and ensure these individuals have the self-awareness to adjust to the challenges.