Have you ever wondered how to show your management team the value of the leadership development programs you have engaged in or would like to hold for your team members? In my career as a sales leader and channel chief, I’ve participated in and run many leadership development programs but wasn’t always able to be clear on the program’s ROI. I could feel it in the growth in trust, improved relationships, and the various techniques they had developed through the programs. It was often difficult to quantify. I founded @AchieveUnite with a firm belief in partnering and authentic and empathetic leadership as critical foundational elements to success. I wanted to help others learn how essential these skills are for becoming a great leader. I also wanted to show the ROI of this investment, so we developed our Leadership Development Programs, PQI and Partner Success Programs.
To understand the ROI of leadership development, we must first define what effective leadership means in the context of business in this next AI economy. Effective leaders inspire and motivate their teams, drive strategy, and cultivate a culture of continuous improvement and innovation. They are adept at managing change, fostering collaboration, and achieving organizational goals. Great leaders have earned the trust and loyalty of their teams through communication, empathy, and honesty, by setting an example for their team.
Furthermore, the significance of prioritizing leadership development becomes unmistakable when evaluating its profound implications for business outcomes and financial success. Extensive research underscores that enterprises boasting robust leadership pipelines consistently surpass industry counterparts, registering superior metrics in revenue expansion, profitability, and workforce commitment. Effective leaders serve as catalysts for operational excellence and strategic prowess, fostering an environment conducive to talent retention and attraction. By curbing turnover costs and fortifying organizational resilience, these leaders fortify the foundation upon which sustainable growth thrives.
In alignment with this critical topic, and with invaluable insights from our esteemed Education Practice Leader, Gail Murray Doerr, we recently published a new eBook: The ROI of Leadership Development.
Our latest eBook focuses on the impact of leadership development on various facets of organizational success. From bolstering sales revenue to enhancing employee retention, productivity, succession planning, and change management, the ROI of leadership development is undeniable. Here are some key insights that you can find in our eBook:
- Confident leaders drive sales revenue, with 42% of respondents attributing an increase in revenue to leadership development.
- 93% of organizations are concerned about retention, and 86% of professionals would change jobs for more opportunities for professional development.
- Engaged leaders drive productivity, with disengaged managers costing the US economy $319 billion to $398 billion annually.
- Prepared leaders enable succession planning, with internal promotions resulting in cost savings exceeding $3 million per year.
- Developed leaders are change catalysts, with trust in leadership contributing to 50% of the difference in financial performance.
Leadership development isn’t just a corporate initiative; it’s an investment in the future of your organization. By prioritizing the development of leaders at all levels, businesses can navigate challenges, seize opportunities, and thrive in this new era: Learn more: download this important ROI guide today!
To support organizations in their journey toward cultivating exceptional leadership, AchieveUnite offers Leadership Development programs and trust-building programs. Designed to empower individuals and teams with the skills necessary for leadership and partnership success, our programs focus on cultivating authentic leadership, executive presence, and inclusive leadership mindsets. Through a blend of virtual and in-person sessions facilitated by experienced faculty members, participants embark on a transformative journey toward realizing their full potential as leaders. To learn more about how the programs can support your organization’s leadership development goals, feel free to explore our website or contact us directly.
Do you want to improve your leadership and trust-building skills, or do you lead a team that has great potential but needs further development? I’d love to talk with you and answer any questions you might have about taking the next steps to effective leadership and how to show the ROI of this important investment.
