• It’s cheaper and more effective to develop existing talent than look for new talent.
• The organization will be more successful with highly trained managers in place. Results will be realized every time a sponsored employee comes back from class.
• It allows employees to rub shoulders with talented managers from other industries and sectors to ensure the best ideas are available.
• Organizations with sponsorship programs can recruit other top talent.
• If companies don’t sponsor top performers, they will lose them to competitors who will.