Increasing the ROI on management education efforts
Formal management education is a rapidly growing organizational strategy to enhance management development and performance. While many organizations worldwide count on management education as an improvement vehicle they frequently fail to take proactive steps to ensure that the management educational process itself is an effective learning experience. Secondly, management education efforts often fail to provide an organizational return-on-investment because they lack systematic and programmatic vehicles to follow-up and encourage on the job application of learning. This article will review the findings of a study of 152 seasoned managers with extensive management educational experience. It will present input on how to maximize managerial learning and organizational ROI when using formal management education programs. It will also discuss methods to assess and improve your organization's current approach.