Managers of large organizations usually get hundreds of training requests per year from their employees who seek to enhance their knowledge. These training requests come in the form of technical training classes, external conferences, topic focused seminars or intensive training sessions. Most times, managers will simply gloss through the request and inevitably approve it, trusting the employee’s best judgment.
Annual training costs including travel and meals can cost an organization thousands of dollars per employee. In large organizations, that can amount to millions of dollars in annual spend--not chump change. The unfortunate part about training is that organizations have relatively little understanding of the return that they are getting from the training that they are investing in. In order to help organizations maximize their training spend, I have put together a list of best practices that will help ensure that training programs are getting the best bang for the buck.
Limit Boondoggles and Travel
All of us are familiar with the annual boondoggle to Vegas. There is a reason that Gartner, IDC, TechEd and others host their conferences in places like New Orleans--it is certainly not for the content of those conferences. How many times have you heard an employee talk about the rich content of a conference in Vegas (or do you hear about how much they