Impact Assessment of Sponsored Executive Education Programs for Organizations

Abstract

Various organizations across the globe invest in the higher education of their employees by sponsoring Executive Education Programs for the eligible employees in various Educational Institutes of repute. This initiative is undertaken as a part of their employee engagement as well as succession planning initiatives. Executive Education Programs provide the employees with long-term avenues of blended learning. As the employees attend courses while remaining on the job, they are able to take what they learn in the classroom and apply it to the benefit of the organization. The organization invests a sizeable amount in the reskilling and qualification up-gradation of its employees. Hence, it is imperative that the organization analyzes what returns they are getting on this investment. The employee in lieu is required to sign a service agreement with the organization for a period and amount decided by the Management of the organization. The study entails an understanding of what parameters are used by organizations in choosing an Executive Education Program while nominating their employees. It also tries to establish the possible ways in which an organization can gauge whether the nominated employees who have successfully completed the Executive Program have benefited from the program. The study will also help establish how the organisation can measure whether the organization has benefited from nominating employees for long-term Executive Education Programs.