Leadership development programs can be a significant investment eating into a good chunk of an HR budget, so how do you ensure that this is money well spent?
Last year McKinsey surveyed over 510 executives from across the globe and published the success rate of their leadership development programs. These programs were mapped to specific actions taken and their success rate.
Upskilling managers in leadership fundamentals is ‘on trend’ at present. Not only are we seeing more investment in one on one coaching but leadership programs are much sought after. Being business psychologist, an evidenced based approach to what we do is all important and we know for HR to have a seat at the executive table, measurement and metrics must underpin HR strategy and programs.
McKinsey’s findings are built into ALCHEMY’s 4D project management methodology. As such, we partner with our accounts on these activities to boost the success rate of our projects together and the impact that we have on an individual and organisational level.
Click here for further information on McKinsey’s research and how we utilize it for success.
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