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Briefing / Management, Leadership and HR

The training budget conversation

For HR and L and D: how to argue for a training budget in the terms finance actually uses.

Training budgets are defended in the language of development and cut in the language of finance. That mismatch is most of the problem, and it is fixable without pretending to a return on investment nobody can calculate honestly.

This briefing works through the real cost structure of a training decision, including the two costs that are almost never in the budget line, and shows how the private cohort comparison usually looks when it is done properly.

Aimed at people who have to ask for the money rather than at people who approve it.

What you will leave with

  • Why the fee is the smallest number in the decision and how to price the rest
  • How to make the case for a private cohort against sending six people abroad
  • What to measure so the next request is easier than this one

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