Preparing high-potential staff for the step up to leadership

Replacing return on investment with return on strategy
By Mary Marcus
|Canadian HR Reporter|Last Updated: 10/25/2004

Finally, organizations — or at least a growing number of them — are realizing that “training” doesn’t work. There has been a dramatic shift. Now, organizations are focusing on “development” to build capability — both individual and organizational.

What’s more, firms are concentrating this development on the real work of the business. They’re also eschewing return-on-investment measures for what’s called return on strategy — an assessment of the organization’s capability to implement strategy as a return to the investment in leadership development.

This doesn’t mean training isn’t part of the development package. It’s just not the answer all the time, and it’s never the answer in isolation.