When you're looking at making a big-ticket purchase to update the infrastructure of your school, how long does it take you to pull out the credit card?
What about when you're looking at investing in the professional development of your leadership team?
I'm willing to bet there's a pretty large discrepancy between your first answer and your second, and it's worth asking yourself why.
When you look at everything through a financial lens, it's much easier to measure the ROI of a new carpet in the toddler classroom than leadership training for your education director.
But here's the thing: Humans aren't cash registers.
They have feelings, families, and goals—things that don't cleanly factor into mathematical calculations. And that means that "profitability" in the traditional sense isn't an adequate way of measuring ROI when it comes to your team.
In this week's podcast episode, I'm exploring the shortcomings of traditional ROI in education and leadership development and how school leaders need to change their perspective for the benefit of their teams and centers.
Join me for a conversation about:
Why traditional ROI doesn’t work in the education field
Rethinking ROI in a way that doesn’t solely encompass financials
How to make more aligned ROI decisions
Once you stop using traditional measures of ROI to make every decision, you can start investing more in your team, which will not only help with retention but also the overall success of your center.
One investment that can make a huge difference for your center is enrolling in our on-demand Delegate to Elevate Workshop. During the 90-minute workshop, you'll learn how to delegate effectively so you can reclaim your time, improve your quality of life, and lead a high-performing team. https://schoolsofexcellence.com/delegate
More about the show:
If you are an Early Childhood director or owner, prepare to transform your school and life with the Schools of Excellence podcast. Tune in each week to learn from Chanie Wilschanski, the founder and host of the Schools of Excellence Podcast and a mom of 4 little kids. Each episode will be packed with tools and strategies – equipping you to build schools with higher staff retention, teacher motivation, parent partnership, collaborative culture, and beautiful quality of life.
Every week, Chanie shares the truth about the journey to excellence, the strategies that are working TODAY, and the mindset about the critical decisions and choices that you make every day which impact yourself, your teachers, parents, family, and children who you serve every day.