Leadership development: Investing or just spending?

You spend money on a nice dinner; you invest in your retirement.

What’s the difference when it comes to leadership?

A system that ensures you’ll have leaders growing within your business, contributing more, developing stronger teams and driving engagement – that’s investment. Spending is when you find a training program that will create some good will in the short run, but, like the dinner, its value is gone. Developing leaders is among the most important success factors for any business. The decisions they make and the culture they create has more impact on sustainable business success than almost anything else. 

– Randy Hall, 4th Gear Consulting