Developing your leaders might be the most important investment your firm ever makes. Why?
Here’s how leadership development impacts some of the top concerns of engineering firms today:
- Improving financial performance: Companies that invest in leadership training achieve a 22% higher profit margin compared to those without.
- Improving productivity: Leadership development drives employee motivation and boosts productivity by up to 35%.
- Retaining and engaging high performers: 94% of employees would stay longer at a company if it invested in their career development, and there’s a 31% reduction in turnover associated with effective leadership training programs.
- Achieving strategic goals: Companies with strong leadership programs are 60% more likely to achieve strategic goals.
In fact, organizations with strong leadership development programs see a return on investment of $9 for every $1 spent.
CrossGroup has been delivering leadership development solutions customized for engineering firms for over 35 years. We have a well-honed formula for success, and all our programs are tailored to fit the needs of your firm. Here’s how our approach differs from all the “cookie-cutter” leadership training out there:
1. Problem: Most leadership programs lack specific, measurable goals.
Impact: Progress and impact of the training can’t be measured.
CrossGroup’s Solution: We define clear, specific goals and align training objectives with organizational strategy and individual development needs.
2. Problem: Most leadership programs are webinar- or lecture-based.
(These methods focus on short-term retention rather than long-term application and behavior change.)
Impact: Participants check a box and then go back to their old habits.
CrossGroup’s Solution: Our active learning techniques are proven to be 33% more effective than traditional training, ensuring long-term retention and application of new skills. Active learning outperforms traditional approaches in learning outcomes, engagement, application, and problem-solving skills.
3. Problem: Most leadership programs offer no follow-up or ongoing support.
Impact: Without reinforcement, practical application, and accountability, new skills are likely to be lost.
CrossGroup’s Solution: All CrossGroup programs include 1:1 coaching, group feedback, and accountability from facilitators and peers that continues after the training ends.
4. Problem: Most leadership programs are standardized rather than tailored to the specific needs of organizations and teams.
Impact: Generic content may not address the organization’s unique challenges, fit its culture and strategic goals, or address individual needs.
CrossGroup’s Solution: All CrossGroup’s programs are customized to address the specific challenges, goals, and culture of each organization we serve.
5. Problem: Most leadership programs fail to measure the effectiveness of the training.
Impact: Organizations lack the metrics to assess whether the training is achieving its goals or intended impact.
CrossGroup’s Solution: CrossGroup uses performance metrics, feedback surveys, and behavioral assessments to evaluate the effectiveness and impact of all our training programs.
The bottom line? CrossGroup’s leadership development programs deliver real results: performance, productivity, and profit, as well as highly engaged teams and growth-oriented, challenge-ready leaders.
How can we help you succeed? Schedule a call with us to find out more.
Resources:
[1]The Value of Learning: Benchmarking the Business Impact of Learning, Association for Talent Development, 2021.
[2] State of the Global Workplace: 2022 Report, Gallup.
[3] The 2020 Workplace Learning Report, LinkedIn Learning.
[4] The Future of Work: The Strategic Impact of Leadership Development, McKinsey & Company, 2021.
[5] Global Human Capital Trends, Deloitte, 2019.
[6] Watson, C. M., & Smith, D. J. (2017). “Application of active learning principles in adult education: A comparative analysis.” Innovative Higher Education, 42(3), 211-225.
