Companies with leadership training and development programs enjoy a 218% more profit inflow
According to the Association for Talent Development, organizations that provide holistic training and development programs enjoy a 218% more profit inflow per worker than organizations without a formalized training and development program . However, this never stops there. All these organizations also take pleasure in a 24% higher profit margin than those who spend little or none on leadership training. It now seems that continuing to invest in leadership training and development programs, even when there are economic falls, is always the smart play. Leadership training and development programs increase employee productivity, which in turn is driven by the skills development made possible. As every piece of evidence points out, leadership training and development is one of the essentials that an organization should incorporate into its system to improve productivity. For instance, a study by the National Center on the Educational Quality of the Workforce...