It is well known and understood by leaders that it’s the people that can really make the key strategic difference between you and your competitors. The value of this investment in people development has never been more important. The keywords of focus from the business are now: ‘…effectiveness’, ‘…efficiency’,‘…value for money…’ (VFM) or ‘…return on investment’ (ROI).
The focus of this seminar will be around these key areas: aligning business objectives to ensure the optimum effectiveness of interventions and development options are chosen; as well as ensuring that this is conducted as efficiently as possible, meeting the strategic goals of the organization. The seminar will look at the organizational and personal impact of market forces moving forward to creating effective development strategies, lean processes, managing providers, and negotiation to ensure maximum value, as well as building a case for and calculating return on investment (ROI) ensuring value for money (VFM) is achieved.
At the end of this seminar, you will learn to:
Apply techniques for identifying business training needs aligned to organizational strategy
Review and develop alternative cost-effective methods of development within the organization
Review lean processes and models to achieve efficiency
Deal with external learning service providers to ensure cost-effective development options
Prepare and create evaluation methods to aid the management and measurement of investment (ROI) and ensure value for money (VFM)
Develop and propose a business case for training to meet strategic business objectives
Who Should Attend?
Have direct responsibility for the training budget within the organization and wish to gain greater effectiveness and efficiency in managing this
Have a strategic overview of the business and who may also be responsible for initiating training programmes or authorizing expenditure for training and wish to gain a greater understanding of training budget formulation and ROI
Are responsible for Human Resource / Organisational Development and the planning and delivery of training programmes at a strategic level
Are responsible for the planning and implementation of training programs at an operational level
Aligning Training to Business Strategy
Defining and developing your Organisational Development Strategy
Aligning training and development to meet business objectives
Sustainability of development: the need for long-term planning for future skills and competencies
Competency strategy and development
Overview of Talent and Succession planning
Key Evaluation models and their importance in business alignment
Demonstrating Efficient ROI and VFM
LEAN organization and processes
Efficient budget planning, and forecasting strategies
Understanding Cost / Benefit Analysis impact
Validating the ROI: process and methods
Optimise cost-effective development strategies
Preparing a Business Case for ROI and VFM
Optimising Effective Development and VFM
Alternative cost-effective training and development interventions
Maximising internal development provision
Managing the external Learning Service Provider
Ensure maximum VFM (value for money) through powerful negotiation
Contractual considerations when using external provision
Preparing your business case for development planning
Summary and Next Steps
NOT INTERESTED IN THIS COURSE?
We always want to improve the quality of our courses. Please select any reasons why you feel this course is inadequate (check all that apply).