Many organisations view time management training as something they'll spend their money on, only if they have to. Usually when pruning
company or department budget, training is often
first area that gets
chop. And yet can you really afford not to? Here's what Dr. Donald Wetmore a Time Management Specialist from
U.S. recently said in
on-line e-zine Activepro...
Training is not a cost it's an investment 'It really doesn't matter what we pay for an investment. What's relevant is what we get in return. One of
best ways to jeopardise an organisation's future in today's world and increase
probability of troubled times it to look at training as a cost and pay
price of not training or provide substandard training that operates only as a bandaid for
training requirements.
A person being paid $50,000 per year who is wasting just one hour per day is costing
organisation $6,250 per year. If through one of our Time Management Seminars that person can learn how to recapture just one hour per day, that translates into a payback to
organisation of $6,250 per year!
If there is a group of 25 people,
return to
organisation is $156,250 per year! That doesn't even include other benefits like profitability, reduced turnover, improved morale, enhanced teamwork, greater creativity etc.) Over 5 years,
payback is $781,250. What would your organisation invest to achieve that return and payback?