Trg Budget WEBAs a former corporate trainer, I know well that during tough economic times, the budget for training is often the first cut and the last to be restored. Many organizations do not see the value in having a training department, a trainer or even the relevance in hiring an outside trainer. Without training, your organization is likely to experience the following.

High Turnover: Untrained employees lead to poor performance, broken processes, frustration and good people leaving.

Inefficiencies: Having poorly or untrained employees operating machinery leads to poor maintenance, leading to expensive repairs or replacement costs, overruns, a negative impact on your customers and even disastrous safety issues.

Culture Impact: A lack of training or poorly executed training will eventually erode culture. This happens because people are not performing quality work, respect and values are lost. This affects every facet of the organization including customer service. Soon your hard won customers will be seeking a company to work with where they are valued and respected.

Financial Set Backs: All of the above circumstances will produce a negative impact on your bottom line. No organization that can afford to allow such circumstances to develop.

Critical Questions

The way you answer the following questions, will determine how seriously you take training.

What Should a Good Training Program Include?

All too often, organizations fail to tell their story. This story is important. Too many CEOs gloss over the history of the work that got the company to where it is today. If you are still not convinced, please see an article from yours truly at entitled Once “Upon a Dream.” Here is some content to include in your on-boarding program.

Without a basis for understanding what the company does, why it does it, who it does it for and its growth strategy, any outside training the employees take part in ends up being simply about that employee getting to spend some money, take time off work and come back the next day and proceed as usual. To help drive learning from one training event throughout the organization:

Where to Spend Your Training Budget

One of the best places to spend your training budget is getting your employees to buy into what the company does. Conduct this training internally preferably by the CEO or a long-time leader. Here is what the participants need to understand.

Once your employees understand the business of the business, work with them to help the advance their areas of expertise. Create training programs tailored to the specific requirements of the position. Then everyone will take training seriously.

Graphic Credit: Big Stock

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