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Leadership Development Programme Roi

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Leadership Development Programme – can return on investment be measured?

The literature I have chosen is on the topic of measuring or evaluating the return of investment from a Leadership development programme.
Thee questions that I would have to consider around the LDP are:

1. Why does an organisation need a leadership development programme? 2. What is the current leadership style in the organisation? 3. How will the organisation measure the return on investment of the Leadership Development Programme?

The literature which I reviewed is selected to focus on question 3 above. It looks at evaluating training such as leadership and a return on investment to a management leadership-development programme.

So how can an organisation accurately define in monetary terms the benefits from implement a programme such as leadership development?

The first piece of literature called ‘return-on-investment approach to a management leadership-development programme’ by Nur Naha Abu Mansor supports the argument that it is possible to calculate the return of investment of such a programme however, there are a number of key steps that should be put in place in order to do so. The research advises Human Resource Development specialist to ensure that:

• The expectations of the training should be stated • the at the training programme is aligned with the organisational objectives • that sufficient time should be allocated in order to conduct an evaluation • The training programme should have clear objectives

The research in this paper talks about the increase in economic growth thereby highlighting the need for investment in human capital. Echols (2005) says that ‘more than 60 per cent of all jobs require the skills and competencies of educated knowledge workers’ and the The Chartered Institute of Personnel and Development CIPD

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