Increasing the Return on Your Training Investment

Written by Kevin Eikenberry


Insightful leaders and organizations recognize that training is a valuable tool for personal and professional development and therefore set some sort of an annual training budget.

Most everyone I’ve ever talked to has been to both excellent training (hopefully ours!) and training that was, well, not so good. In a perfect world we could connectrepparttar best training experiences withrepparttar 142199 best application back inrepparttar 142200 workplace. This would makerepparttar 142201 equation easy – pick great training, insuring that people would apply what they have learned, andrepparttar 142202 result would be a tremendous return onrepparttar 142203 investment for those funds spent on training.

As a deliverer of training and as one who has helped hundreds of people become better trainers through trainrepparttar 142204 trainer programs, I wishrepparttar 142205 equation were that easy.

Unfortunately, it isn’t. It takes more than good training to ensure a good return onrepparttar 142206 money (and time) invested.

What organizations and individual leaders need to do then is look beyondrepparttar 142207 training event alone to find ways to increaserepparttar 142208 return on investment. They need to take some responsibility themselves.

Here are 6 ways to increase your return on this investment:

Align training investments with business needs. Some organizations use training as a perk for good performers. This approach of “training as a reward” can motivate some people (especially ifrepparttar 142209 training takes place in someplace desirable) but inrepparttar 142210 big picture this usually isn’trepparttar 142211 best way to invest these dollars. Have a plan that tiesrepparttar 142212 skills that are needed to be developed torepparttar 142213 strategic plan forrepparttar 142214 group. Make surerepparttar 142215 participant knows whyrepparttar 142216 skills being learned matter torepparttar 142217 group andrepparttar 142218 organization at large. With this context,repparttar 142219 participant hasrepparttar 142220 chance to be more focused and will treatrepparttar 142221 training as a serious business activity and not a vacation from work.

Invest in good training. Once you have decided to spend money on training, spend it onrepparttar 142222 good stuff. While this isn’trepparttar 142223 only success factor, look at testimonials and materials to determine thatrepparttar 142224 training focuses on important skills and delivers those skills in an effective way. Usually this means training in smaller groups with more interaction and practice time, and therefore higher cost. In training like many other things in life, you get what you pay for. The cost increment is typically not significant when compared torepparttar 142225 possible improvement available fromrepparttar 142226 experience.

Unveiling the Value of Your Expertise

Written by Kevin Eikenberry


All of us have knowledge, expertise, and experience that others can benefit from. This is one ofrepparttar reasons we play some ofrepparttar 142198 roles in life that we play: leader, trainer, teacher, coach, mentor, and more. We all can contribute to other’s success with our expertise. Unfortunately, some things keep us from doing this as successfully as we could.

This article will outline several ofrepparttar 142199 things that get in our way and suggest ways to improve our ability to succeed in having our expertise used successfully by others.

Ignorance

Here is a fundamental truth - most of us don’t recognize how much we know. When we’ve done something for a long time, or read about an idea in 21 places, we assume everyone knows that information. This just isn’t true! Our familiarity and deep understanding gets in our way, because we assume others know what we believe to be obvious.

The first key to getting your expertise used is to proclaim it to yourself. Recognize that what you know is significant and valuable. Without this recognition you won’t know what to share if asked.

Attitude

Before you go too far down this “Man, I’m smart” mental path though, recognize that arrogance isrepparttar 142200 next stumbling block. Certainly, we need to recognize our expertise. Of course we need to value what we know.

But none of this makes us better thanrepparttar 142201 other person. My advice? Lose any budding arrogance.

When we are arrogant about what we know, our advice is more about an opportunity to show what we know, than it is about genuinely helping others. When we are confident we can focus onrepparttar 142202 other person’s needs. Be confident in what you know and always be willing to learn more.

Focus on being generous but helpful in your knowledge sharing. By remaining confident in your knowledge and keeping your focus onrepparttar 142203 other person’s needs, you will have your attitude inrepparttar 142204 right place.

Memory

Oftenrepparttar 142205 challenge we have in sharing our knowledge and expertise is that we don’t really remember what it is like to be a beginner in this area. Even once we recognizerepparttar 142206 value of what we know, we take shortcuts in explaining it to someone else.

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