20/03/2024
According to Forbes, investing in employee learning opportunities attracts top talent, increases retention, and keeps staff engaged and retained. But that’s not all; it also helps you play a role in shaping the future of your organization’s C-suite and maintains it at the forefront of innovation.
So it’s probably no surprise that many students enrolled at IE Business School receive some kind of corporate sponsorship: their employers understand that contributing toward their employees’ professional growth is an investment. And that investment will generate ROI that can be measured in metrics far beyond merely the financial bottom line.
Expanding employees’ boundaries expands your company
Our Executive MBA and Global Executive MBA programs are curated to impart exactly the skills, knowledge and mindset that today’s dynamic and unpredictable business world demands. If your employees are stuck in the traditional ways of thinking, your company is already falling behind.
Moreover, while it does, of course, make financial sense to encourage talent retention in a business ecosystem where finding and hiring new talent is more time-consuming and expensive than developing your existing teams, the benefits to your company don’t end there.
Smooth and successful succession planning is much easier and can be informed by your own strategy if you already have people building the skills and knowledge they’ll need to lead in the future within the organization.
But if you do look outside for recruitment solutions, offering professional training as part of flexible compensation plans is increasingly common. It can make your company much more attractive to candidates, whose behaviors and preferences have evolved in recent years.
If they know you believe in them, and will invest in their future from the start, your preferred applicant is much more likely to commit to your company. And stay there.
Sergio de la Torre, alum of the Executive MBA, shares his experience with the program and the corporate sponsorship, stating, “I would recommend a company to invest in this program without a moment’s hesitation, especially if the company is looking to nurture and expand its leaders’ capabilities.”
“Investment in this program goes beyond individual education; it’s a collective investment with clear innovative potential for the company.”
Learn more about his experience here.
Immediate returns
Our executive master’s programs deliver practical, immediately applicable skills and knowledge that any student can use to add value to their organization even before they graduate. In our Executive MBA program, your employees will gain a global vision of industry best practices around the world, widening their value in doing business transnationally.
You may even find that your company can benefit from tax relief in corporate training initiatives, speeding up the financial element of your ROI.
Worried about how much time an MBA will take your employee away from you? There’s no need to be; our part-time executive programs are specifically designed to maximize learning outcomes and minimize disruption to working lives, with classes outside standard business hours.
All in all, having your employees armed with cutting-edge techniques, the latest sector knowledge and new approaches in challenging times, adds up considerably. They’ll immediately bring increased productivity and innovation to your organization, a significant competitive advantage over companies operating in the same space.
A partner in the search for talent
So, your team will gain an improved sense of value and belonging at your company. They’ll bring better productivity and innovative entrepreneurial and intrapreneurial thinking to the table, and the practical experience of having applied them in a corporate context. What’s more, thanks to our uniquely diverse community, they’ll graduate armed with new perspectives. That includes up-to-date knowledge of the emerging tools and tech disrupting the business ecosystem, and new ways of solving the challenges confronting your organization.
As well as your people finding the next best version of themselves, and adding value to your company, you’ll gain a new partner in hunting for talent in a competitive labor market. IE Talent & Careers work closely with our students, providing one-to-one guidance, resources and opportunities from their first day.
Perhaps you should be asking yourself if you can afford not to invest in your employees’ future with an executive master’s program from IE Business School.
