2. What We’ll Cover Today
What a World-Class Training Program Looks Like
Strategies for Building a World-Class Training Program Using
Low-Cost and No-Cost Training Resources
Best Practices to Increase Your Training ROI
Case Studies from Other Smaller Companies Who Have Successfully
Implemented Fortune 500® Quality Training Programs
How to Take Action with Business Training Library
3. Poll Question #1
What is your primary role in your company?
A. Training
B. Human Resources
C. General Management
D. Sales
E. Finance / Accounting
F. Other
4. Poll Question #2
Describe the state of your current training efforts.
A. We don’t have a formal training
program, but are looking to start
one.
B. We have a training program now
but it needs improvement.
C. We have a good training program
now … just looking to pick up one
or two good ideas today.
5. Characteristics of a World-
Class Training Program
Training is Viewed as a Strategic
Investment – Not a Business Luxury
Training Programs are Targeted to
Meet Specific Business Objectives
Results are Measured
6. A Closer Look at the Training Top 125
Wells Fargo
Blended learning program – online courses, virtual classroom, instructor-
led
LMS tracks/manages compliance records
20% increase in on-boarding licensed bankers
Training costs down 40%
Miami Children’s Hospital
360-degree performance tool
40+ online & instructor courses in core curriculum
Participants complete a performance improvement project
ROI = $850,000+
McDonald’s
Invest $18K per manager
Mangers spend 2,000+ hours in training over 4 years
100% Hamburger University courses eligible for college credit
7. Quoting …
“Training isn’t something we do when we have money
to blow. Training is something we do to differentiate
ourselves from the competition. We invest and show
our employees that we care enough about them to
help them grow. And that has a direct impact on our
bottom line.”
- Bob Nelson, Author & Business Consultant
8. Why Build a World-Class
Training Program
• Increased Productivity & Sales
• Lower Turnover
• Improved Employee Morale
• Satisfied Employees AND Customers
• It PAYS!
9. World-Class Training Costs
Time
• Average of 53.5 hours/per employee
in training each year.
Money
• Average training budget was 3.7%
of total payroll.
11. Poll Question #3
What would you estimate your total training budget to be?
A. Less than 1%?
B. 1 to 3%?
C. 3 to 5%?
D. Or More than 5%?
12. Poll Question #4
How much time does the average employee in your
organization spend in training each year?
A. 10 hours
B. 20 hours
C. 40 hours
D. Or more
13. Winning Strategies for Building a
World-Class Training Program
(Without Breaking the Budget)
• Think and Act Strategically
• Use Low-Cost & No-Cost Training
Resources
• Be Creative
• Use Technology
• Track and Measure the Results
14. Think & Act Strategically
• Create a Corporate University
• Develop Training Programs to Meet
Specific Business Objectives
• Build Curriculum-Based
Development Plans
• Enlist Support of Senior
Management
• Communicate
15. Low-Cost & No-Cost
Training Resources
• Use Your Internal Talent
• Seek Out Local Resources and Speakers
(Community College, Chamber of
Commerce)
• Vendor Training
• Association Educational Programs
• Government Programs
16. Be Creative
• Barter for Training
• Send a Scout
• Start a Training Contest
• Develop Training Partnerships
• Start a Training Newsletter
17. Use Technology
• Web-Based Training Courses
• Video, DVD & CD Programs
• Teleconferences
• Webinars
• Publish Your Own Online Courses
18. Track & Measure the Results
• “If You‟re Not Keeping Score,
It‟s Just Practice”
• Determine Success Criteria
Upfront
• Identify Metrics
• Use Technology
• Share Results
20. Poll Question #5
Select the highest level at which you are currently
evaluating training.
A. Level 1 – Reaction
B. Level 2 – Learning
C. Level 3 – Behavior
D. Level 4 – Results
21. Best Practice Ideas
• Lunch „n Learns
• Incorporate Training Into Staff and
Department Meetings
• Blended Learning
• Offer CEU‟s and College Credit
• Tie Training to Performance
Reviews
• Create Certificate or Awards
Program
22. Best Practice: Lunch ‘n Learns
• Plan Ahead
• Select Topic or Speaker
• Promote Training Session
- Emails, Posters Newsletters, etc.
• Include Time for Discussion
• Have Participants Complete Evaluation
Forms
23. Best Practice: Incorporate Training
Into Meetings
• Involve Managers and Supervisors
• Select Programs with Shorter Lengths
• Review Materials Before Meeting
• Create or Purchase Participant Handouts
• Rotate facilitators
24. Best Practice: Blended Learning
• Combine group training methods with self-paced options
• Use Self-Paced Courses as Pre-Work for
Classroom Training
• Follow-up Classroom Training with Self-
Paced Courses
25. Best Practice: Offer College Credit &
CEU’s
• Courses May Offer CEUs and
College Credit
• Include Professional Certification
Programs
26. Best Practice: Tie Training to
Performance Reviews
• Make Development Plans Part of
Performance Reviews
• Use Courses Targeted to Address Gaps
and/or Skills Needed for Promotion
• Managers Can Specify that Employees
Complete a Certain Number of Courses
Before Next Review
• Follow Up on Progress – Integrate
Training into Coaching Sessions
27. Best Practice: Certificate Programs
• Determine Program Goals
• Monetary or Non-Monetary Rewards
• Recognize Achievements in Public
• Develop a Communication Plan
28. Best Practice Solutions
Industry-Leading Courses & Referenceware
• 4,000+ Online Training Courses
• 400+ Streaming Video Programs
• 3,000+ Video-Based Programs
• Books24x7® - On-Demand Access to 700+
Business & Computer Skills Referenceware
Learning Management System (LMS)
• Customized Online Universities or Learning Centers
• No Setup, Maintenance or Hosting Fees
• Competency & Certification Modules
• Classroom Management
• WebEx Integration
Professional Services
• Custom Content Development & Reporting
• Implementation & Integration Support
29. Thank you for your time today!
We hope you found the information to be of value to you & your organization.
For Additional Information:
ryan.gunhold@gmail.com