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Showing posts from January, 2022

Reasons to Invest in Leadership and Management Development

Study after study indicates that companies investing in leadership and management development training perform better than others. The role of leadership in organizations is very important to success amid competition. However, some organizations opt not to invest in these programs. They find it difficult to measure the results or ROI. The thing they fail to understand is that leaders cannot be trained. Instead, they should be coached and mentored.  Here are a few reasons to invest in the leadership development program   Improvement  Proper mentorship is vital to increase lines of revenue and improve consumer satisfaction. By placing more emphasis on human capital, organizations can reduce the costs involved in recruiting new talents and training them. Moreover, the new revenue stream provides a better return on investment in the long run.  Attract Relent  Developing own talent is expensive in all aspects. This is why companies decide to bring in new recr...