How Profitable is Leadership Training?

Very profitable. Participating in quality leadership training can be a potent means for creating outstanding leaders. A good leadership training course will cover the three major facets: theoretical, emotional and practical. 

Benefits of Organizational Level Leadership Training

Here are six great benefits your organization can acquire from quality leadership training of the mid and/or top level executives.

Increase in Organizational Productivity

With the right kind of leadership, your company’s workplace productivity can reach impressive new levels. Primally, leadership is about understanding people from an emotional standpoint. Daniel Goleman, in his book, “The New Leaders,” asserts that high emotional intelligence is a critical recipe for leadership success. 

Being emotionally intelligent entails the application of empathy and emotional smartness as a means to engage and emancipate employees. Incorporating emotional intelligence training in a leadership course can help sharpen the emotional skills of your company’s leaders and HR personnel.

Achieve Higher Employee Engagement

We all like to receive feedback on the progress we make at roles that are assigned to us. We are happy to receive well-deserved praise and constructive criticism where applicable. Did you know that approximately 43% of actively engaged employees received feedback once a week, at least; compared to 18% who received scanty periodic feedbacks, thus abysmally affecting their engagement levels? 

Taking and giving feedback is one of the hallmarks of highly successful leaders. Taking your employees on a leadership course will help them learn the ropes of providing appropriate feedback as a means to motivate and upskill them.

Find and Implement a More Effective Leadership Style

A leadership course can help you determine and implement the most suitable leadership style for your organization. Several leadership styles exist, and they come with their unique advantages and disadvantages. Leadership training can equally help individuals become accustomed to their personal leadership styles. That way, they can achieve more with their team members.

Develop Future-Fit Leaders

Be strategic in developing and cultivating future leaders. Giving leadership roles to people who have dominant personalities and tend to be bossy is an ill-advised approach. A combination of the right qualities and training is the hallmark of quality leadership. 

Provide those who have what it takes to lead and lead well with a targeted leadership training course. Using this approach of nurturing and development helps prepare your organization for succession processes, employees get encouraged to pursue career growth, thus higher employee-retention levels are recorded. Custom-developed learning training courses such as provided by http://www.mantle.co.nz/ are designed to develop future-fit leaders for the growth of organisations.

Keep Your People

Roughly 75% of people who quit their jobs quit their bosses as well! Employees always tend to leave ineffectual leaders. You can achieve high employee retainership by investing in a leadership course. That way, you get to minimize high recruitment costs.

Make Informed and Better Decisions.

An excellent leadership course can equip its recipients with the ability to make better decisions. How? Leaders who function at a higher level of emotional intelligence have the insight to make better business decisions. For none else, but this reason, investing in a leadership course can guarantee a high return on investment. 

Be the first to comment on "How Profitable is Leadership Training?"

Leave a comment