top 8 recipes to reduce training costs
TRANSCRIPT
Getting peers to learn from each other is one of the least expensive and most effective training techniques.
How do you choose the best ingredients?
1. ADD VARIETY WITH SOCIAL LEARNING
Try activities like after-action reviews and knowledge cafes.
Techniques like these can make learning social and fun.
People learn a lot informally. Maybe from a boss, maybe from a book. Maybe they take time to reflect on their work by writing in a journal every week.
2. SPICE IT UP WITH INFORMAL LEARNING
“There are millions of training videos on the Internet. Your employees will pick the ones that work best for them.
Encourage employees to seek them out and share the best ones.
Often people do not really need a training course, they just need something to help them on the job.
Online help, a tip sheet, even a tech support number can be cheaper and more effective than training.
4. DEVELOP A TASTE FOR JOB AIDS
Most problems that exist in the organization are not due to poor training. If the problem is
motivation or personality, job design or organizational structure, then you won’t solve the
problem by dishing out more training.
5. CHECK YOUR INGREDIENTS.
“How do you make your company a good place to work in general? … A lot of it is on-the-job training, combined with excellent mentorship.”
Ben Horowitz
Training can be hard to control when there are thousands of employees and hundreds of different courses. Try using learning management software and you will have the opportunity to slice and dice your training ‘til it’s just right.
6. TRACK YOUR TRAINING WITH A PROVEN LEARNING MANAGEMENT SYSTEM
There are times when eLearning is just as effective as, and much cheaper than, in-person training.
See if you can take programs, or parts of programs, and put them online as a way to save money.
7. PLAN A BALANCED eLEARNING MENU
Your organization may already be a member of an association that offers helpful, industry-specific training. Check out what is available. And use it!
8. BREAK BREAD WITH INDUSTRY GROUPS
Watch a SilkRoad GreenLight LMS Demo Video
REDUCING TRAINING COSTS
Thank you!
Download the Top 8 Ways to Reduce Training Costs
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