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March
2009 vol 2
Reducing
Costs and Increasing Training Quality With Strategic
Testing
Prove the value of
training! Demonstrate training ROI! Show a correlation between training
and corporate profits! Justify your training budget to senior
management! You should be spending more
money on leadership development, not less!
Desperate times breed desperate attempts
to justify why you need to keep your training budget
from being cut (if not actually getting it increased!).
But let’s be realistic: Most companies view training
as a cost center not a profit center, and if 20% of
your workforce is being let go and your stock price
has dropped by 30% it is highly unlikely that senior
executives in your company are spending a lot of time
thinking about how much to increase your training budget.
So, what to do? How can you maintain the
quality of your training while spending less money?
May we suggest some strategic testing?
