Every company needs good leaders to thrive. You may hire the best employees in your field, but ineffective leadership could cause systemic problems that harm the rest of the company.
Many companies find and hire leaders and managers from outside of the organization. You can put out job postings for leadership positions and bring in new talent for your company.
However, you can also build up new leaders from existing employees. In these situations, an effective leadership development program is necessary.
Several companies already see the value of internal training in the workplace. In the United States, companies spent nearly