What Is Leadership Training and Development?
5 Strategies for Successful Programs
According to the 2021 Global Leadership Forecast, only 11% of organizations report having a strong or very strong leadership bench—a 10-year low. As the world recovers from COVID-19 disruptions and navigates new challenges like inflation, organizations need strong leaders that can drive success in times of change.
Leadership development training is crucial for reaching business goals amid uncertainties. Leadership programs have several benefits, helping your organization:
Develop internal talent, minimizing the time and expense associated with recruiting new leaders.
Improve its bottom line by boosting productivity and morale and reducing turnover.
Attract and retain talent. Prospective employees with career ambitions are more likely to prioritize employers that offer leadership opportunities and support.
Continue growing despite significant changes or business disruptions.