Like an organization’s every department, learning and development executives are competing for budget dollars to fund their training programs. Unlike more clear investments, such as business development budgets or increasing marketing spend, learning and development results are usually subjective and descriptive.
FREMONT, CA: Leadership development plays an important role in driving the success of an organization. Hence, organizations also invest in leadership development activities to ensure an improved level of employee performance as well as organizational success. Organizations want to induce leadership skills in potential employees to ensure that candidates are prepared when senior positions become vacant.
Let us look at the challenges that impact leadership development program:
Evaluating Return on Investment
Like an organization’s every department, learning and development executives are competing for budget dollars to fund their training programs. Unlike more clear investments, such as business development budgets or increasing marketing spend, learning and development results are usually subjective and descriptive.
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Measuring the efficacy of a leadership development program goes beyond asking participants to give feedback at the end of the program. Gainings in investment for learning and development activities are usually long-term, which means that one should follow up program participants’ career development one or two years down the road.
Low Employee Engagement
As per Gallup, more than 50 percent of American employees is not engaged at work. If half of the employees are disengaged at work, how companies can expect employees to engage as well as actively participate in leadership development programs.
The process of learning has changed over time. Learners now prefer immersive and experiential activities that serve to their shortened attention spans. Leadership development programs need to be enriched with experiential learning activities, such as business simulations, to boost engagement and meaningful skill development.
Ignoring the Important Aspects of the Leadership Development Program
Complicated problems and changing business demands emphasize the requirement for a different set of leadership skills. Furthermore, learning and development programs sometimes depend on old-school methods that are content-centric and do not pay attention to the most important aspects of any leadership development program: organizational goals and employee needs.
