Showing posts with label Leadership training ROI Jack Welch. Show all posts
Showing posts with label Leadership training ROI Jack Welch. Show all posts
Monday, October 12, 2009
Leadership Training ROI
A recent study shows that companies with greater investment in leadership and sales training have higher stock prices the following year. At my Vistage meeting last week, our presenter, Dan Barnett made the case that every company must have a a single "Make or Break" strategy that drives the company. Jack Welch's make-or-break at GE was leadership development. Welch was personally involved in every aspecte of Leadership development and training, including building GE's training facility, building the leadership curriculum and teaching leadership classes every year. He visited employees all over the company and his number one question was "What are you doing to develop your leaders?", both one and two levels down. Jack Welch's singular focus on on leadership development resulted in a valuation increase from $14billion to $450 billion, the largest increase on record. Most organizations can do a lot more for their growth with more leadership training.
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