Professional and Management Development Training NAICS 611430

May 6, 2026 - Preparation For New Team Leaders may Be Inadequate

• About 58% of new managers receive zero formal training before their first day leading a team, according to professional training organization Pryor Learning. New managers wait an average of 4.2 years before receiving any structured management development. In the intervening period, they are shaping team culture, setting performance expectations, building or eroding trust, and making decisions that determine whether the people around them stay or leave. All of these happen with little or on preparation for the role that the team leader is in, according to Pryor Learning.
• More than 90% of managers said that they lack time to participate in manager development programs, according to the Association for Talent Development. About 63% said being a manager is more difficult than they anticipated, and more than half said their organization provided little or no training to prepare. High-performing organizations were more likely to use pre- and post-training activities, as well as bite-sized learning options. OF the 53% of organizations that offered post-training activities, most provided access to a resource library on manager skills. These libraries tended to include articles, job aids, videos and other tools to reinforce learning.

• Google has entered the leadership development sector with a new course offering its management training to the public. The program, called People Management Essentials, was developed by The Google School for Leaders. It is designed to help aspiring and early-career managers build high-performing teams. Google said that the course arrives as global search interest in "best leadership practices" has increased 300% over the past year. Searches for "AI leadership" are up 390%, and "how to lead a team" reached an all-time high in September 2025.
• Professional and management development training industry sales are forecast to grow at a 4.62% compounded annual rate from 2026 to 2030, faster than the growth of the overall economy, according to Inforum and the Interindustry Economic Research Fund, Inc. Professional and management development training industry employment decreased slightly during the first two months of 2026, according to the US Bureau of Labor Statistics.