This tool will help you:
- Quantify the one-time and ongoing costs of your leadership development program.
- Quantify the benefits that come from supporting the development of leaders.
- Understand and communicate the ROI for leadership development.
- Evaluate the cost of conducting training and development activities internally versus externally.
Organizations have been traditionally leery of financial calculations on training and development, citing a number of challenges. Calculating ROI is not difficult if done systematically – all that’s required is time and willingness to complete the exercise.