‘Do more with less’ is driving performance management in business. In times of economic uncertainty – which has been the business climate for at least the past decade- training budgets are the first to be cut in an attempt to save costs. In the US, the average amount per learner, spent on training decreased from $976 in 2014 to $702 in 2015. Investment in people development gets limited to training that shows quantifiable increase in performance. This narrows down training to the more technical & functional in-house programs that often have to be rolled out in too little time with too many people.
“Congratulations, you are hired!”
I lost track of the number of trainers I have met over the years. Must be thousands of them. I observed them, I trained them, I coached them. All over the world. When it comes to effectiveness, not all of them scored high. Here is what the most effective ones practiced: 5 mantras for the ROI focused trainer.