During the 2009 recession, U.S. companies spent $12 billion on leadership development. That’s some pretty hefty coin to train employees.
Why exactly do companies find it so important? Why are they willing to invest so much money in to leadership training? The answer is simple. The ability to lead others is a very specific talent and often times can make or break a company.
This infographic from Michigan State University Online tackles why leadership training is so important and what companies are doing to step up their game.
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Brian Wallace is the Founder and President of NowSourcing, an industry leading content marketing agency that makes the world's ideas simple, visual, and influential. Brian has been named a Google Small Business Advisor for 2016-present, joined the SXSW Advisory Board in 2019-present and became an SMB Advisor for Lexmark in 2023. He is the Co-Founder for The Innovate Summit which successfully launched in May 2024.