Leadership training and development programs are ubiquitous, They’re also big business as part of a $14 billion industry. Despite the great interest, some companies are asking if it is even worth it?
Ironically, attempts to answer that question come from - wait for it! - the same organizations who provide the training. And the answers are usually some form of, “Not exactly...except for the way we do it!”
Fortunately, we can now provide a better answer that is grounded in scientific evidence. A recent meta-analysis published in the Journal of Applied Psychology examined results from 335 studies of leadership training. The results were surprisingly robust, and suggested that leadership training programs can lead to:
The article also suggests some best practices for a successful training program, including: