From Informed Decisions : Conversations and Q&A with Randall Craig and Ronja Francoeur

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Getting the Most from Your Learning and Development Budget

About this Episode:

Learn about the pros and cons of various training options, when you should offer training altogether, and new ideas on generating alignment while upskilling your team.

Does your training investment really generate results and is it aligned with your strategy?

All of this discussed by Randall and much more in this episode.

Part 1

Part 2

Topics Discussed (with timestamps)

•  What are the key considerations for getting the most out of your learning and development budget? (00:44)

•  Making professional development of teams "worth it": How can an organization retain their investments in team professional development? (08:57)

•  How to address a particular training need: What is the most efficient and effective approach? External consultant, internal dedicated resource, or other? (13:31)

•  Training modalities that pair well together (25:10)

•  New Management Teams: What are good professional development topics to start with a new team coming together? (00:46)

•  Professional Development: The role of spending time with senior leaders? (08:17)

•  Professional development rejected by the team: If management picks topics that don't resonate with the team, does this signal a misalignment between management's understanding of the needs of the team? (14:00)

•  Professional Development Priorities: Further develop expertise vs train on skill gaps? (17:46)

•  Why isn't professional development of teams a greater priority for leaders? (24:23)

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