Importance of evaluation of Executive Development

Question

Elucidate the importance of evaluation of Executive Development?

Answer 1

The evaluation of the process assumes from the following perspectives:

1. Improving the quality of the training and development process.

2. Improving the efficiency and competency of the trainers.

3. Making improvements in the system to make it more responsive and realistic.

4. Aligning the training activities to the organizational objectives.

5. Building the cost implications of the training into the organizational budget.

6. Evaluating the ROI on account of training and development to justify further investments.

7. Changing the perception of the management on training as expenditure to more as an investment for the future growth of the organization.