Question:
What’s the first budget head to get the chop when recession begins to bite?
Answer:
Training.
Question:
Why?
Answer:
Because it’s often a fragmented, ineffective non-core activity that is viewed as a luxury, not a necessity.
Question: What is the alternative?
Answer:
Take a good look at outsourcing your training provision. Here are some of the reasons we think you should:
- The UK spends £33bn on training, of which just £2bn is spent on external training providers. There’s a lot of ‘hidden’ cost being spent by the organisation that’s difficult to measure .This means that massive amounts of money are spent on non-core activities.
- Airlines should concentrate on flying aeroplanes, car manufacturers should concentrate on making cars and widget manufacturers should concentrate on making widgets instead of running in-house training departments, when training is not their core skill.
- Outsourcing training and the management of that training leads to savings of up to 40% and a more focussed strategic approach to training management that measures training with direct benefits to the company’s bottom line.
- If your global training budget is devolved to departmental budgets then you are likely to have a fragmented and expensive inefficient training provision that is not aligned to corporate objectives and therefore wasteful – which is no doubt why you cut the training budget in the first place!
- Outsourcing the management of training across large and complex organisations has many bottom-line benefits, but perhaps the most significant is the training service provider/ outsourcer’s expertise in accessing Government funding for NVQ Levels 1,2, 2, and 3 qualifications that have a direct effect on corporate production and performance. This means that training is FREE!
Question:
What are you waiting for..?