| st recessions many companies have taken the | | | | training companies with the resources and |
| short-term soft options of cutting back on training | | | | experience to manage your training requirements |
| and freezing graduate recruitment. However, the | | | | on an end to end basis. Obviously company |
| companies that actually analysed what happened | | | | specific training such as new product launches |
| as economies came out of previous recessions | | | | needs to be kept in-house. But sales skills training |
| found that these options greatly impacted their | | | | and management training programs are good |
| ability to respond to the up take in demand for | | | | examples of self-contained units that could be |
| their services and products. | | | | outsourced providing the contextual elements of |
| However, companies do have to respond to a | | | | training, such as sales role plays that are specific |
| reduction in orders, so what options are available | | | | to your company, are incorporated. This is a |
| with regards to training? Well, as with many | | | | fundamental issue, ensuring that training is still |
| departments in the good times, the training | | | | relevant to your workforce and your customers |
| function in companies has grown over the last | | | | even if it is delivered by an outside organization. |
| few years in terms of the number of people | | | | Many elements of training budgets that are |
| employed, budgets allocated and the scope of | | | | currently subject to potential overrun can be |
| work undertaken. So at this point in the economic | | | | delivered at a fixed price to the business, with |
| cycle a review of the training department with | | | | just in time training, without the large current |
| Tom Peter’s mantra of “stick to | | | | overheads. This is especially true if you are a |
| the knitting” in mind may reap dividends. | | | | pan-European company requiring training in multiple |
| Is your company in the training business or, at its | | | | languages, with all the issues around translation of |
| core, a focused organization providing products | | | | materials and sourcing trainers with the required |
| and services efficiency to your customers? Are | | | | language capabilities. This approach can also be |
| there elements of the training | | | | very effective for smaller companies. Some SME |
| department’s remit that are unnecessary | | | | companies have even outsourced all of their |
| in the short term? What are the core training | | | | training requirements to independent training |
| competences that will provide you with the | | | | companies with the skills, experience and |
| necessary launch-pad as the economy begins to | | | | resources to fully meet their needs. |
| grow? Which areas of the business do you need | | | | To adopt this approach effectively both the |
| to focus on to provide the best return on | | | | outsourced training provider and your company |
| investment for your training budgets? Are there | | | | need to work as partners, and the training |
| other options that could be considered to provide | | | | company should be seen as your training arm, |
| training without the large, on-going budgets that | | | | with their trainers fully understanding your values |
| many training departments now consume? | | | | and philosophy. The commitment needed from |
| One approach is to consider outsourcing specific | | | | both parties means that this is not a quick fix, but |
| training programs to independent professional | | | | an ongoing working relationship. |