| p>Many organisations view time management | | | | would your organisation invest to achieve that |
| training as something they'll spend their money on, | | | | return and payback? |
| only if they have to. Usually when pruning the | | | | Not so many years ago, training was an option |
| company or department budget, training is often | | | | for most organisations. Today it is no longer an |
| the first area that gets the chop. And yet can | | | | option. If any of us continue to do what we do |
| you really afford not to? | | | | the same way, within five years most of us will |
| Here's what Dr. Donald Wetmore a Time | | | | become obsolete. Why? Because our competitors |
| Management Specialist from the U.S. recently said | | | | are helping their people to become more |
| in the on-line e-zine Activepro... | | | | effective through training. |
| Training is not a cost it's an investment | | | | If we look closely at companies who are doing |
| 'It really doesn't matter what we pay for an | | | | well in the long run, they almost always have a |
| investment. What's relevant is what we get in | | | | well thought out training program in place |
| return. One of the best ways to jeopardise an | | | | They realise the price for not training is the real |
| organisation's future in today's world and increase | | | | expense of training'. |
| the probability of troubled times it to look at | | | | The most important training or knowledge |
| training as a cost and pay the price of not training | | | | enhancement you can offer to your employees is |
| or provide substandard training that operates only | | | | in the personal development area. Effective time |
| as a bandaid for the training requirements. | | | | management is a life skill which affects us all. |
| A person being paid $50,000 per year who is | | | | Depending on how skilful we are at managing our |
| wasting just one hour per day is costing the | | | | time it can have a major impact on the whole of |
| organisation $6,250 per year. If through one of | | | | our life. Our skill levels in this area can greatly |
| our Time Management Seminars that person can | | | | benefit us or cause us to be constantly stressed |
| learn how to recapture just one hour per day, | | | | out. |
| that translates into a payback to the organisation | | | | Training is a life long endeavour. It has to be |
| of $6,250 per year! | | | | ongoing. Life changes constantly and so do our |
| If there is a group of 25 people, the return to the | | | | needs and those of our people, the no. 1 asset in |
| organisation is $156,250 per year! That doesn't | | | | every business. Time Management training is |
| even include other benefits like profitability, | | | | crucial for it's when we learn to use our time |
| reduced turnover, improved morale, enhanced | | | | effectively that we get so much more done in |
| teamwork, greater creativity etc.) | | | | our lives. |
| Over 5 years, the payback is $781,250. What | | | | Have a great week! |