How not to overspend on corporate training programs in 2016?

 Trainings are important. You and your team need all those corporate training programs to stay at the edge of learning, beat competition, and stay profitable. But this doesn’t mean that you should play with the budget you have to spend on training your people. With a little plan and common sense, you can avoid going over the top as far as spending on corporate training programs is concerned. Here’s how you can do this:

Look at the past year report
Dig into the data to get to know how your team, each member of it performed in 2015. Who were the winners, who were the losers and who performed average?

Now speak with your team one by one
Speak with the top performers, average ones and those who didn’t make any impact at all to the team’s performance in 2015.  Let them talk more – your job will be to listen more and completely empathize with them. The purpose is to know what held them back or made them surpass the targets, what exactly they did or didn’t do and what their plans are for this year.

This little interaction with the team will act as an eye opener for you. You’ll get the insights that you probably will never get with data alone and in general team meetings.

Now sit down and think about …
Think about what training programs are actually needed and what won’t serve any purpose. So for example, you might consider signing up for a tailored sales training consultancy rather than a bunch of programs, or can opt for a sales training programs with more emphasis on product knowledge than a behavioral or leadership program. The conversation with your team will help you narrow down on what kind of training programs you need and what can be left behind.

For more on how to save on training programs or the latest corporate training programs, see us often here. If you have any queries regarding corporate training companies or programs or something else, do drop us a comment and we’d to answer back.