Examining the ROI of Executive Development - Methods, Practices, and Results
February 12, 2013 | Human Capital Institute
The Human Capital Institute (HCI) and Vistage International, Inc. (Vistage) partnered to conduct this research to gain a deeper understanding about the ROI of Executive Development. In an effort to determine what business areas are most influenced by executive development and how, a survey was designed and distributed to 346 respondents, and supplemented by additional primary and secondary research methods. This research profiles the key business measures affected by Executive Development, and provides a more comprehensive perspective on what methods of development an organization can use to most effectively leverage its senior leaders. As a result, the common barriers facing Executive Development, illuminated in 2011 by a report produced by HCI and Vistage, are also addressed.
As the nature of business continues to change, decisions and direction is no longer determined by individual leaders, but rather by groups of colleagues and leaders within in a business. But how can organizations foster this kind of collaboration?