Академический Документы
Профессиональный Документы
Культура Документы
Budgets Are Getting Squeezed- Here are four suggestions for staging a lean-but-exciting new
year, one your clients and top management can look forward to:
Time to Invest in Learning? 1. Link learning to the company's future. Declare immediately
Frank P. Bordonam, HR Consultant that your new learning plan will not be the faded edge of a diffi-
cult downturn, but "Year One" of a new three-year cycle of
If you believe a tough economy can spur creativity, this is the increased innovation and positive impact on the company.
best time in the past 10 years to rethink, refresh, and revitalize
Set aside the debates among economists, pollsters, and
your learning strategy. Place your company on a faster track
investors, over the timing, strength, and speed of the recovery.
toward the future while dealing with financial constraint.
These are details. Assume the recovery is not only happening
For many organizations, no area will be hit harder during
now, but is beginning to impact your business. Ask: "How will
budget time than learning, and many of you may have already
our company be different in the improved economy? What
entered a period of tight or declining budgets. CEOs began tight-
investments will we have made in the business to make us
ening up on expenses somewhere between early 2001 and early
stronger against competition? What new abilities as a total orga-
2002. Regardless of where you may mark the beginning of your
nization will we have demonstrated three years from now?"
own funding squeeze, you will probably agree it has arrived, and
Make it a top priority to become literate on the best senior-
will continue at least into 2004.
management thinking on these questions, and tell everyone your
Training magazine, in its last annual issue covering training
strategy is to make management's job easier in getting where
investments, reported that the rosy spending plans collected in
they want to go. If, after trying hard, you can't get these answers
spring were followed by cancellations and retrenchments through-
from management, say so, and make getting them to the answers
out the industry. Training estimated, for example, that a third of
your priority. Write the opening slide of your plan today, declar-
the leadership sessions planned were "simply not held." In its
ing it the first of three annual installments in service to those
October 2003 survey, the magazine reports employers' expendi-
three questions.
tures were down again, marking the first two-year consecutive
decline since 1982. Given the tendency of our function to trail 2. Take the offensive: Throw out some "comfortable habit"
broad investment indicators like capital spending and the stock investments and figure up the savings. This step requires a
market, we can expect to be wearing tight belts for some time. mindset adjustment. It is not necessarily wise to lead with your
Thinner "actuals" in the current year will signal to budget strength if "strength" is defined as the initiatives that are the
reviewers that next year's plan should be even leaner. Ponying least controversialor most acceptableto the organization,
up a fair share of expense reductions is only right, but do not your staff, or yourself.
assume a defensive posture while doing so. Without new think- That middle management course on leadership skills the
ing, one is backed awkwardly into a lame position: "Well, the company started seven years ago and the COO loves?
company survived just fine without doing the things we pro- Cancel it for two years and see if there is any measurable
posed a year ago, so this year we are re-proposing last year's impact on the business.
stuff, scaled down." Finally succeeded in getting half your training offerings on
line? Cheap but bad is no value. Take a close look at those
Is There A Better Approach? e-courses and be prepared for a possible quality letdown.
We can gain confidence from recognizing that learning has Pare back bad courses, renegotiate and find new sources
matured from a discretionary curiosity into a viable function of if necessary. Postpone online offerings that don't meet stan-
business. Lean budgets have slowed its breadth of application, but dards. Begin a three-year ramp-up of newer, better courses.
not its innovative edge. Tough times have forced a new sense of That open enrollment course on "finance for non-financial
discipline, moved the action closer to the customer, improved the managers" still getting glowing ratings from all attendees?
measurement of return on learning, intercepted and incorporated Scrap it. Accounting literacy is not business literacy, and
recent advances in technology, sharpened the quality of choices in measurement means little if your people don't know their
the outsourced world, and infused the field with a keener sense of place in the recovery.
accountability for the success of the business. By tapping into this Your learning back office received a customer service
tougher, new learning, our plans can be a breath of fresh air, rather award this year? Consider outsourcing the operation to a
than a pale, downsized version of the recent past. Learning Management System shop.