Management Information

How to Save Money on Training


1) Use a live instructor. Adults learn best by doing, practicing, and experiencing. Effective instructors customize their programs to meet people's needs, provide counsel on individual challenges, and respond to questions. Videos, CDs, and E-learning are seldom effective for primary learning. Since the greatest cost of learning is the payroll cost of the participants, you want to make sure the program delivers results.

2) Hire external experts. They can speak candidly about crucial issues related to complex work skills. They are free of prior encounters with your staff. And they bring a fresh, outside perspective based on a worldwide view (instead of an internal one). Those who specialize in one skill area have developed extensive knowledge. Ideally, choose one who has written books or published articles.

3) Include accountability. Work with the instructor to develop a review and reminder process. Plan follow-up sessions to check on progress applying new techniques. Ask your staff to select one change that they plan to make and describe how they will apply it. Then monitor the application of changes being made. Include learning as a dimension in performance reviews.

4) Support learning. If you're the boss, set an example of active learning. Attend the workshop. Then use what you learned. Encourage others to apply the new skills and reward those who make a special effort to do so. Also, recommend articles, books, and other materials that support the training program. Create a work culture that recognizes learning as the key to excellence.

5) Buy smart. Match the type of program with desired skills. Use employees for proprietary operations, routine procedures, and high volume (more than 50 sessions/year) tutorials. Select programs that teach skills required to meet company goals. Buy programs that show practical techniques (instead of facts and trivia) delivered by experts who use what they teach.

IAF Certified Professional Facilitator and author Steve Kaye works with leaders who want to hold effective meeting. His innovative workshops have informed and inspired people nationwide. His facilitation produces results that people will support. Call 714-528-1300 or visit his web site for over 100 pages of valuable ideas. Sign up for his free newsletter at http://www.stevekaye.com


MORE RESOURCES:

SJSU students learning management skills at National Pro-Am
San Jose Mercury News
By Andrew Matheson Shmuel Thaler/Sentinel Rich Larson checks in with Kathryn Kirby, one of his San Jose State Hospitality Management students working at Pebble Beach this year during the AT&T Pro-Am. PEBBLE BEACH -- Many of the hospitality workers at ...

and more »


Los Angeles Times

Risk Management Needed for Energy Loan Guarantees, Report Says
Bloomberg
Potential losses from US energy loan programs are likely to be less than projected by the White House and Congress, according to an independent analysis that Democrats said validated support for clean-energy innovation. The Obama administration ordered ...
DOE needs better risk managementiWatch News
Post-Solyndra review urges better energy loan managementThe Hill (blog)

all 258 news articles »


Globe and Mail

Apollo Global Management assets lift off in 2011, up 11%
Pensions & Investments
By Arleen Jacobius Apollo Global Management on Friday reported $75.3 billion in assets under management as of Dec 31, up 11% from a year earlier, according to the alternative investment firm's earnings report. Apollo Global had $35.4 billion in private ...
Apollo Global Management, LLC Reports Financial Results for the Fourth Quarter ...MarketWatch (press release)
Financial Briefing BookWall Street Journal
Apollo Fourth-Quarter Profit Falls 66% on Market SwingsBusinessWeek
Reuters
all 48 news articles »


Business Insider

List Of Pepsi Managers Who Have Left The Company
Business Insider
It's not news that PepsiCo has suffered a lot of management churn in the last few years, and that sales of some brands have been hurt as the company has lost its focus. But it's not until you see the list of senior brand management names who have ...
PepsiCo to Cut 8700 Jobs, Reduce Management Layers in Global Productivity DriveIndustryWeek
PepsiCo Announces Strategic Investments to Drive GrowthMarketWatch (press release)
PepsiCo Cuts Jobs, Plans Culture ChangeFINS

all 590 news articles »


Carrington Capital Management, American Home Mortgage Servicing Announce ...
MarketWatch (press release)
Resolution of Carrington Asset Holding, LLC, ET Al. Plaintiffs, v. American Home Mortgage Servicing, Inc., Defendant SANTA ANA, CA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Carrington Capital Management, LLC ("Carrington"), a subsidiary of Carrington ...

and more »


Advanced task managers on iOS
CNET (blog)
by Jason Parker February 10, 2012 12:00 PM PST Follow @jparkerCNET There must be hundreds, if not thousands, of to-do-list management apps in the iTunes App Store, but which one should you choose? I found a couple of new task management apps recently ...

and more »


Spend Management Experts Wins Supply & Demand Chain Executive Award
MarketWatch (press release)
ATLANTA, GA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Spend Management Experts today announced that founder and CEO John Haber has received the Supply & Demand Chain Executive's 2012 "Pros to Know" award in the provider category.

and more »


Ariz. tribe votes to take over Skywalk management
CBS News
A tribal spokesman says the Tribal Council voted Feb.7, 2012 to sever a contract with Las Vegas developer David Jin and take over management of the Skywalk. (AP Photo/The Arizona Republic, Rob Schumacher, File) MARICOPA COUNTY OUT; MAGS OUT; ...

and more »


Waste Management Employee Who Works Tirelessly to Save Dogs Receives Top ...
MarketWatch (press release)
10, 2012 /PRNewswire via COMTEX/ -- As part of its annual recognition of community service, Waste Management of Michigan/Ohio has selected Deanna West of Lake Orion, Michigan to receive its most prestigious community award as "Volunteer of the Year" ...

and more »


Schultze Asset Management Founder George Schultze Delivers Key Comments in ...
MarketWatch (press release)
10, 2012 /PRNewswire via COMTEX/ -- George Schultze, Founder and Managing Member of Schultze Asset Management, LLC ("SAM"), was a key speaker today in Harvard Business School's Creating Value Through Corporate Restructuring course taught by Professor ...

and more »

Google News

home | site map
© 2006