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The ROI of Cheap Training

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Have you noticed a slew of emails lately for free or cheap training? Is it tempting, when budgets are being cut back, to say that having everyone pick some of those and/or sending a handful of staffers to a conference and report back to the group, is how your team will fulfill its training goals this year? Exactly what goals will you fulfill that way?
We in recruiting can learn something from sales training programs and organizations — a near-ubiquitous category. The good ones from major firms like Miller-Heiman to boutique firms like High Probability Selling (Jacques Werth), and tons of programs ranging from specific skills (negotiations, closing, communication) to entire approaches (customer-centric selling, target account selling) are promoted as means to help salespeople identify the right prospects and ultimately close more deals. The effect should be more revenue to the firm than the cost and time devoted to learning, justifying the training’s ROI.

But training is only a support mechanism — a means to an end. It is a way for managers to identify high performers, those who adapt to training and a way to remediate poor performers — it also can be a way to justify the team leader’s performance. Talk to most salespeople and they will rattle off a series of training programs they attended. Training is usually part of most annual sales/marketing corporate meetings. Even for technical folks, training is the norm because it is the way that they keep up on the latest technologies and don’t become as obsolete or un-marketable as the Commodore 64.


Top 5 Reasons Why Recruiting Managers Avoid Training

It mystifies us as to how many staffing leaders brush off quality training as a major expense that no one has time for. We offer a sample of the actual, lame excuses and objections received for your amusement:

1. “I have the most seasoned recruiters/team”: Considering that we hear this one constantly — then everyone has the most seasoned recruiters and team. This means that ultimately no one has the most seasoned recruiters or team. Define “seasoned.” Is it someone who has been recruiting the same way for 20 years with some modicum of success? Or did they work in agencies and had to produce? We know marketing people with 20 years of experience who were so behind that they lost touch with what was going on in marketing. We don’t mean performance measures in terms of length of service, but rather in terms of results. We buy the fact your recruiter can fill a position in less than six weeks consistently and has an 80% fill rate; we do not buy the fact that s/he is “seasoned.” That type of thinking means there is likely no real measurement of performance in the organization; all the more reason to have metrics and training.

2.I have no budget for training”: Money is allocated, meaning that with the proper business case, it is possible to obtain funding for training. What talent managers are really saying is: a) they have no power in an organization and are not strategic assets; b) they don’t understand or are incapable of developing a business case; and c) they are not invested in the performance or betterment of their own people. If the motivation exists, the money will be there. Training is an investment with the end result of affecting the top or bottom line. If you train recruiters and sourcers well, the result is faster hires, more strategic fit, and enhanced competitiveness — at a lower cost.

3.I already know all that stuff that so-and-so teaches”: Well, if you knew everything that Shally Steckerl, Maureen Sharib, and the other “gurus” knew, then you would be teaching instead of working for someone else to pay your bills. Plus, the “gurus” are focused on the R&D needed to consistently improve and do not do anything else except participate in the cycle of teach-learn. Without that laser focus and talent, it is impossible to hone a skill to that level. Plus, truly intelligent and confident people will benchmark against others as a measure of their true performance. In fact, they enjoy the challenge and look for their own areas of strength and weakness.

4.I am the team leader; I should know and impart everything”: The job of a team leader is to understand the strengths/weaknesses of the team and provide the best available resources to help them succeed. A team leader who feels this way is someone who is not developing his people and is in need of management training and coaching.

Source:
http://www.ere.net/2009/03/17/the-roi-of-cheap-training/#more-6849
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