Two Major (Though Often Overlooked) Ways to Stretch a Tight Training Budget

Corporate Training Consultant and Professor Offers Proven Tips

2008-07-24, Frank Troha
(click to enlarge)
By Frank Troha

One of the most vexing and persistent challenges facing many training directors is “the need to do more with less.” For your consideration, here are two proven recommendations that may well save you considerable money and time.

First, I think you’ll agree that even the most efficient business processes are subject to the stealthy formation of costly bottlenecks, unintended redundancies and other inefficiencies that tend to go unnoticed or unquestioned. Accordingly, I suggest that you and your staff meet at least once a year to map, analyze and upgrade the process being used to design, develop, implement and evaluate your organization’s training programs.

By doing so, you can:
• Home in on where and why money, time and other valuable resources are being misallocated or misspent (typically evidenced by missed milestones, delayed program launches, cost overruns, excessive rework and a host of other issues).
• Brainstorm remedies and document all improvements to the existing process.
• Ensure buy-in by everyone concerned. (By virtue of having collectively mapped, analyzed and upgraded your current process, you and your staff should be optimally positioned to understand, implement, support and follow the new and improved process.)

Another way to stretch a tight training budget is to locate and more fully leverage the potential training talent that resides (often invisibly) throughout your organization. Most departments include outstanding performers who -- if offered adequate time, training and incentives – would be amenable to periodically designing, developing and delivering training for their peers.

Having trained groups of high-performing auditors, bankers, engineers and nurses in the basics of customized course design and development, and then witnessed their successful “peer to peer” workshops firsthand, I can vouch for this approach’s effectiveness from both a learning and cost-savings perspective.

For more information about these and other ways to stretch a tight training budget, contact Frank Troha at: (914) 933-0114 or ftro@optonline.net.


Frank Troha has 25 years of instructional design experience, having served a wide variety of major corporations and professional services firms. In addition, he is Adjunct Associate Professor of Instructional Design at the Fordham University Graduate School of Education, New York City, where he has trained corporate learning and development professionals for the past 14 years.

Website: www.franktroha.com

Press Contact Information

Frank Troha
ftro@optonline.net
914 933 0114
1 Landmark Square, No. 411 Port Chester, NY 10573

Source URL: http://

Discuss   Add this link to...  Tell a friend   Bury

Who Read this Press Release

This press release has been viewed 14 times by 14 unique visitors.

 


Comments Who Voted Related Links
Top of Page | Contact Us Today