TechForward Inc., a growing software development company, has identified a gap in leadership skills among its mid-level managers, which has been affecting team performance and project delivery timelines. To address this, the HR department proposes to implement a comprehensive leadership training program aimed at enhancing leadership skills, communication, and team management capabilities. Proposal The proposed leadership training program includes workshops, team-building activities, and personalized coaching sessions over a six-month period. The program is designed to improve team cohesion, decision-making, and productivity across all departments. The total cost for implementing the leadership training program is estimated at $50,000. This includes materials, facilitator fees, and the cost of external coaches. Assignment Calculate the Return on Investment (ROl) for the leadership training program, assuming the following: Before the training, the company has noted a 5% decrease in overall project efficiency, attributed to leadership issues, equating to a loss of approximately $200,000 annually. 2. After preliminary assessments, HR estimates that effective leadership training could improve project efficiency by 3%, recovering $120,000 of the lost revenue annually. Calculations