Ebook
Investing in your leaders as a strategic asset: A fresh look at measuring the impact of leadership development
Investing in your leaders as a strategic asset: A fresh look at measuring the impact of leadership development
Heidrick & Struggles highlights the importance of leadership development as a strategic asset, emphasizing that companies plan to increase investment in this area despite economic uncertainties. The article discusses the necessity of measuring the impact of such investments effectively through a model that examines reaction, learning, behavior, and results. However, many companies struggle with effectively measuring and demonstrating the value of these development programs. The focus is shifted towards creating value and enhancing leadership capabilities to support business success, acknowledging that while direct ROI calculation may be complex, correlating leadership development with positive business outcomes is crucial.