How to Evaluate Your Leadership Development Program
If you want amazing leaders, then you want to get clear on the goals. Your best way forward starts with a thoughtful evaluation of your existing leadership development program. Then clearly identify the goals you expect the engagement to achieve. Finally, you want a way to measure. Remember Pearsons Law – what gets tracked and reported, improves exponentially.
Leadership pipelines and succession planning are a fundamental part of your company’s sustainability model. Developing the next generation of leaders is the top challenge for 55% of CEOs according to a 2022 survey. This makes sense because 63% of millennials believe they aren’t being fully developed as leaders by their employers for leadership positions. The majority of businesses acknowledge this relatively important fact. Yet many do not invest in developing their next generation of leaders as often as they should.
Measuring Learning Impact Drives Business Adoption
Imagine having only evaluations claiming people enjoyed the learning! Good for you, yet not great for credibility with the business. Measuring the impact of your leader development program affects 3 key areas. First, business units won’t want to fund their leaders development or release them from work. Second, the CEO and CFO see return on investment from every other investment in the business. In fact, less than 4% of CEOs see ROI from training investments. This means if the economy or gas prices or inflation or a war starts up, your learning program gets paused. Often indefinitely or forever.
Third, and most importantly, you want participants to apply what they’ve learned. Failure to apply is by far the largest waste of human potential. Without application, participants never experience the benefits of changing their behavior. Impact projects are the most effective way to ensure this happens. Impact coaching gets key information on how well your program prepares team members for leadership positions. Also supporting the leader’s development priorities. And, of course, solving the hugely important first 2 key areas – winning over BUs and proving ROI.
Define a List of Leadership Qualities and Skills for Your Organization
Your business is unlike any other. Even when you produce similar products or offer similar services, your organization a particular set of values. These values translate into skill sets that dictate how your business operates. Deliberate practice of these specific qualities ensures your leaders are ready to lead. Plus supports the organization maintaining its key differentiating factors. Essential for longevity, scaling smoothly and growth.
Your Learn2 professional development team supports you. Ensuring you understand and articulate exactly what these desired attributes. An important best practice in developing your most effective leadership development program.
Understand and Identify Your Leadership Talent
At Learn2, we’ve seen some natural born leaders. Yet leadership capacity is something you develop. It is developed through engaging programs and application of learning insights. As a team leader, it’s your responsibility – and privilege – to identify development priorities for your leaders. Potential and passion fuel application and impact. Impact coaching provides the support to cultivate both.
Our Learn2 professional development specialists help you more readily recognize talent. Specifically, who engages with your leadership development programming. And who is practicing deliberately, who creates impact and thus who is ready for challenging assignments.
What Are Important Metrics in Leadership Development?
Knowing how to measure the effectiveness of your leadership development program is as important as knowing you need to do it in the first place. Our Learn2 team helps you establish which metrics are most helpful to the business unit leaders and executives. Others often focus one only whats relevant to help make changes to the learning program. Our approach to evaluation empowers you to serve the key stakeholders. Of course, customized to current and future organizational goals. So you have results ready to prove you achieve business goals.
Determine Your Leadership Evaluation Methods
At Learn2, we are all about collaboration. So naturally, your leaders choose our way forward. Here are some of ways we approach the how behind our surveys and feedback:
Qualitative Evaluation of Learning Impact and Needs
- We meet with your leadership team to define the goals and values that matter most. Gaining specific insights into the adoption rate of key qualities. Making sure the timelines prepare the next generation of company leaders.
- We also survey and interview developing leaders you are eager to nurture. All content is configurable so we understand which tools get most applied for success.
Quantitative Evaluation of Learning Impact
- Choosing KPIs, including retention rates, engagement markers and tangible impact of Impact Projects. Allows us to establish what’s working and what support is needed. With data, comes insights into which incentives may fuel more effectiveness. And how best to implement support practice to encourage growth.
Implement Development Programs
Evaluation is not an end point. Data lights the way for what to do next. After we gather the data, our Learn2 team members analyze the results. In the Results Calls, you gain insights and ammunition. Then together we create an action plan.
Your ability to hone your learning strategy becomes easy. Because you better understand how your participants engage, practice and apply. This allows you to thoughtly improve your leadership development programs. With our recommendations, you become better equipped to overcome challenges. Plus you begin to seize opportunities to rapidly improve the development of empowered leaders.
Consult a Team of Leadership Development Professionals
Develop the leaders of tomorrow today by evaluating your leadership development programs. Bring them more in line with your organizational goals. Prove the impact of your programs to your business units to gain support and funding. Reach out to our evaluation specialists at Learn2 and open the door to higher productivity, more impactful collaboration and increased sustainability.
DISCOVER YOUR NATURAL COMMUNICATION STYLE.
Each person has a natural communication style. Understanding yours can and will impact how effective you are when dealing with friends, co-workers and clients.