Home Add to Favorite Contact Submit  
             22 September, 2019
 

    
Category:  Articles » Reference & Education

 

How To Provide Training On A Limited Budget

Popularity:
         Views: 1121
2011-11-26 00:53:27     
Article by Aaron Wood

The recent global economic recession and the impending doom of another one round the corner have combined to make companies and firms very careful about managed training services . More specifically, the managed training services budget allocation restrictions have confounded many companies and firms in their efforts to give their employees proper training.
The problem of not having enough finances to hire the right training services is one that is very common in this current day and age, especially for small to medium scale companies. If you and your company are also facing similar problems then perhaps the following would be of help to you.

Evaluate the specific training needs: The main reason why the managed training services costs tend to rise for most companies is the lack of a proper analysis of the training needs. A good example of this would be a company that decides that its employees need customer service or IT training courses and just tie up with an external trainer or training program for customer services.

A generic customer service training program is bound to cost a lot more than, say, a client negotiation training program. The reason for this is that the former will consist of multiple modules while the latter is a small module. If your company was to delve deeper into the employees’ specific training needs then it would be able to sanction the latter instead of the former and, hence, save money.

Assess various options available to you: In some conventional business circles, there is this belief that online training services are not very useful because of lack of personalized attention. This is a flawed perception because the world is moving away from manual to automation in every field including training and education.

This means that a certified and balanced online training program, while lacking in personal touch, would be much more efficient due to a wide variety of benefits. These benefits include minimal travel time, greater diffusion of resources, convenient planning options and, most importantly, consistent training routines.

Another very important consideration is whether your company can make do with just training a few employees for the training and then having them train the rest of the company’s employees. This can be a wonderful way forward because it would not only save your company a lot of money but also double up as a team building exercise.

Make cost comparisons between different options: The age old concept of comparing multiple options is applicable even in the corporate setup. Your company should go through as many training service providers as possible before settling on any particular one.

While the comparison process is underway, there needs to be some special considerations such as the per employee costing, ability to split training packages and customizability of the training package.

The more creative you can be with your solutions the better it will be for your company. It is also worth mentioning that a managed training service is a completely separate field that needs to be understood before it can be manipulated to one’s advantage.

Specialized in: Customer Service - Training Program
URL: http://essayslab.com
Print article      Bookmark this page
Related Articles 
The Secret of Happiness: Satisfying These 4 Needs (Popularity: ): The purpose of life is happiness. If we are not happy, we cannot think of making others happy. A win-win situation is when we are happy and others are happy. If we are unhappy while making other happy, it is a lose-win situation. Being unhappy and making others unhappy is totally a lose-lose scenario.Happiness is a result of satisfying our needs. Selfish Needs We begin our quest for happiness by satisfying self-centric needs. ...
Landmark Forum Brings Major Transformation in Personality (Popularity: ): Upsides and downsides are the part and parcel of life, without which living is merely an ongoing stable experience. The joys and sorrows bring emotions that make life worth living. It is, however, different as to how people perceive their personal self and the manner in which they treat every situation they encounter. Where some people succeed in overcoming obstacles with ease, others struggle hard. In the latter case, Landmark ...
5 Presentation Secrets That Will Change Your Life (Popularity: ): You've been asked to give an important presentation. A lot is riding on how well you can deliver. The problem is, you're not sure where to begin. The last class you took on presentation skills told you to tie your hands behind your back and blend in with everyone else. Is that really a good approach?The answer is a LOUD and RESONATING NO WAY. If you want to WOW your audience, ...
There Is More To Know About Journalism Than I Thought (Popularity: ): When I decided to make freelance writing a career, I found that the best market was newspaper writing. I did not major in journalism in college, and really didn't understand Associated Press style as well as I probably should have. What I soon found out was that there was a lot more to know about journalism than I originally thought.One of the first lessons that I learned is that numbers ...
How To Effectively Use An Educational Rug In Your Classroom (Popularity: ): More and more teachers are learning the benefits of using educational rugs in their preschool and elementary classrooms. An educational rug is an area rug that features different basic concepts that are taught in the formative years, like ABCs, numbers, colors, shapes, measurements, beginning consonants, vowels, and more. There are even rugs that are useful in teaching pre-Spanish phrases and words, or math facts, like multiplication tables. Educational rugs can ...


Related Business 
Mercury Solutions Limited (Popularity: ): Mercury Solutions Limited is a Microsoft Training, Cisco Training, Oracle Certification Courses provider IT Training Company based at Gurgaon-New Delhi NCR, India. Mercury Solutions provide all courses at 50% the cost of course alone in US or UK.
Budget accommodation in Karol Bagh New Delhi (Popularity: ): Hotel Indraprasthadelhi is one of the best budget accommodations which provide each and everything according to your requirements and a wide range of accommodation from luxury budget hotel. Hotel indraprastha is located at the karol Bagh New Delhi and is a newly constructed budget accommodation.
Small Budget SEO (Popularity: ): Small Budget SEO Package is designed specially for New Websites, Small Business Websites, Limited region competition sites or low budget & low competitive keywords targeting customers. SEO - First provides affordable SEO services designed especially for New Websites, Small Business Websites, Limited region competition sites.
SAP Online Training (Popularity: ): Training Aspirants provide Online Training & Corporate Training. We make sure for a right class size in order to make Online sessions most interactive. Training Aspirants started with a motto to provide quality and effective online training for the students worldwide with the best instructors.
Nitrotek RC Modellbau (Popularity: ): Everyone wishes to fly a real helicopter but that pleasure is only limited to those who have proper training and a ton of money but now it is not a dream RC toys change this trend. It provide a best way to fulfill your desire. Now Nitrotek provide best helicopter here you also find best helicopter in different types best for beginner and professioanl also.
MS Online Institute (Popularity: ): MS Online Institute is a next gen training institute to provide ASP.Net training,Web Design training, Software Testing training and Android Training in Noida to generate employable and skillful professionals for web industry. We focus on quality training and as a result we have great placement record since our inception. We also provide short term summer programs on Search Engine Optimization and C Language.
Mercury Virtual (Popularity: ): Mercury Virtual is an online IT training brain child of Mercury Solutions Limited. By the virtue of being a part of Mercury Solutions Limited, Mercury Virtual is able to offer wide range of IT trainings from best IT vendors across the globe, at very competitive prices. Mercury Solutions Limited is a privately held IT training provider in India.
Transport Data Interchange Limited (Popularity: ): Transport Data Interchange Limited, formerly Tachograph Data Interchange Ltd which was part of the Loughborough based Synergy Group, gained its independence courtesy of a management buy out in August 1996. T.D.I. Training Limited was formed back in 2010 to solely concentrate on providing excellent Driver CPC training courses as well as transport operator compliance courses.
Mudiam, Inc. (Popularity: ): Mudiam Inc offers efficient IT training. Our training programs are suitable for beginners from variety of academic background, as well as professionals seeking to enhance their skills and careers in Information Technology. We provide training in competent technologies demanded by IT job market. We are ideally place to offer training in SAP. With years of experience in the IT industry and a team of highly qualified and experienced IT professionals ...
JMD Training and Consultancy (Popularity: ): JMD Training provide Microsoft Office training, Microsoft Project training and Crystal Reports training. All training delivered on customer site and tailored to meet the needs of the individual or organisation. Client files can be used, thus making the learning experience completely relevant and rapidly increasing productivity. JMD Training also provide Office 2007 and Office 2010 upgrade workshops and floorwalking. Personal Development courses include Time Management, Presentation Skills & Project Management.