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Increasing Training Roi

Date post: 21-May-2015
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Should training be outsourced? An age old question with valid arguments on both sides, we make the argument of no... and yes.
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SHOULD YOU OUTSOURCE TRAINING? Managing Demands & Resources to Maximize ROI
Transcript
Page 1: Increasing Training Roi

SHOULD YOU OUTSOURCE TRAINING?

Managing Demands & Resources to Maximize ROI

Page 2: Increasing Training Roi

SHOULD YOU

OUTSOURCE TRAINING?

Page 3: Increasing Training Roi

No…

Page 4: Increasing Training Roi

…and

Yes.

No…

Page 5: Increasing Training Roi

(let’s get back to that)

No…

…and

Yes.

Page 6: Increasing Training Roi

THE PROBLEM

Training departments are under more pressure than ever to visibly impact results.

Page 7: Increasing Training Roi

THE PROBLEM

Companies want to “see” their trainers entrenched with production.

Training departments are under more pressure than ever to visibly impact results.

Page 8: Increasing Training Roi

THE PROBLEM

How do you keep the training staff visible while still producing high-quality materials?

Page 9: Increasing Training Roi

THE PROBLEM

How do you keep the training staff visible while still producing high-quality materials?How do you reduce costs without reducing visibility?

Page 10: Increasing Training Roi

THE PROBLEM

Most training organizations

have materials that

need to be updated

regularly but lack the time or resources

to do so.

Page 11: Increasing Training Roi

THE SOLUTION

• Do Your Homework

Page 12: Increasing Training Roi

THE SOLUTION

• Do Your Homework

• Identify Resources

Page 13: Increasing Training Roi

THE SOLUTION

• Do Your Homework

• Identify Resources

• Determine the ROI

Page 14: Increasing Training Roi

DO YOUR HOMEWORK

are the most visible act ties for your staff?

Wha

t

vi i

Page 15: Increasing Training Roi

DO YOUR HOMEWORK

Of the remaining activities, which ones consume the most time?

Page 16: Increasing Training Roi

DO YOUR HOMEWORK

How can those activities…

Page 17: Increasing Training Roi

DO YOUR HOMEWORK

…best be improved?

Page 18: Increasing Training Roi

IDENTIFY RESOURCES

Partner with IT

Option A:

Page 19: Increasing Training Roi

IDENTIFY RESOURCES

IT…can best integrate technology-based training into existing systems

Page 20: Increasing Training Roi

IDENTIFY RESOURCES

IT…can take time as they juggle many projects of often higher priority.

Page 21: Increasing Training Roi

IDENTIFY RESOURCES

Partner with Marketing

Option B:

Page 22: Increasing Training Roi

IDENTIFY RESOURCES

Marketing

… has great creativity and a typically strong sense of urgency.

Page 23: Increasing Training Roi

IDENTIFY RESOURCES

Marketing

… has many projects to juggle, and can be expensive.

Page 24: Increasing Training Roi

IDENTIFY RESOURCES

Partner with Human Resources

Option C:

Page 25: Increasing Training Roi

IDENTIFY RESOURCES

Human Resources

… has a strong knowledge of Company culture, and can enable your training initiatives to integrate with their HR system.

Page 26: Increasing Training Roi

IDENTIFY RESOURCES

Human Resources

… may “Tell” instead of “Train”, dictating policy instead of facilitating learning.

Page 27: Increasing Training Roi

IDENTIFY RESOURCES

Outsource

Option D:

Page 28: Increasing Training Roi

IDENTIFY RESOURCES

Outsourcing

... can be fast, cost-effective, and offer many services.

Page 29: Increasing Training Roi

IDENTIFY RESOURCES

Outsourcing

... you never know what you’re going to get.

Page 30: Increasing Training Roi

SHOULD YOU

OUTSOURCE TRAINING?

Page 31: Increasing Training Roi

No one knows the business or is as versatile as

an in-house training team.

NO…

Page 32: Increasing Training Roi

Trainers can get consumed with “behind the

keyboard” tasks that do not impact the

business.

… AND YES.

Page 33: Increasing Training Roi

DETERMINE THE ROI

• What would it cost to do it yourself?

– Time– Lost Productivity– Creation Costs

Page 34: Increasing Training Roi

DETERMINE THE ROI

• What is the impact of higher quality in a shorter time?

• What would it save your department?– Saved time– Decreased ramp-up– Increased visibility

Page 35: Increasing Training Roi

OUTSOURCING & ROI

When factoring in lost production, outsourcing services can increase ROI by a factor of: 4.

Contact The Highly Trained Eye™ for detailed information and to request a white paper.

Page 36: Increasing Training Roi

SO OUTSOURCING CAN

BE GOOD, BUT…

Page 37: Increasing Training Roi

OUTSOURCING PITFALLS

Don’t fall for name dropping of clients.

Most outsourcing firms embellish the truth

Page 38: Increasing Training Roi

OUTSOURCING PITFALLS

• Look for a variety of samples to assess capabilities.

Page 39: Increasing Training Roi

OUTSOURCING PITFALLS

Look for references you can contact

Page 40: Increasing Training Roi

OUTSOURCING PITFALLS

Look for companies that will take the time to learn your culture.

Page 41: Increasing Training Roi

LOOK AROUND!

Find an outsourcing partner you like.

(The Highly Trained Eye™ is one option.)

Page 42: Increasing Training Roi

Scott Rowland is

Managing Partner of

The Highly Trained

Eye™, which

specializes in

providing training

support services to

businesses and

training departments

worldwide.

The Highly Trained Eye, LLPwww.highlytrainedeye.com

603-418-0983 [email protected]


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