Many companies understand the importance of developing leadership skills but do not quantify the value of their investment.
Evaluation of leadership development can include:
- Participant feedback that includes set targets.
- Assessing the extent of behavioral change. Perhaps by a feedback exercise at the start of the program and again 12 months later.
- Monitoring of participants' career development after the training.
- Monitor the business impact. It might include cost savings or increased sales. Or, comparing the average productivity of participants' teams before and after a training program.