employee development

Raising the Bar: An Investment in Talent and Employee Development

Jen Roberts Engagement, Leadership, Productivity, Retention

There’s an age-old dilemma that stymies many leaders: How to decide if investing in employee development is worth it. I recently saw a thought-provoking quote concerning employee development. It went like this: CFO asks CEO, “What happens if we invest in developing our people and then they leave us?” CEO replies, “What happens if we don’t and they stay?” This is an interesting perspective and one that’s probably important to consider when it comes to ensuring that your organization’s talent pipeline is fully prepared to move into key leadership roles to sustain your company’s success. Yet in many organizations employee training and development and leadership coaching are seen as “nice to have” but not necessarily essential. In fact, according to a survey from executive team consultancy Gap International, only 43% of executives planned to invest in leadership training and development. In the spirit of debate, let’s assume the CFO’s point is valid. …