Hot on the heels of their fascinating book series, Michelle and Maria are back today to start their new series where they address the many timely questions that come their way, and today they begin by looking at budgeting and its impact upon HR and L&D within a company. All too often, these departments are the first ones considered when budgets need to be downsized, and in this week’s episode, our experts want to have the tough conversation with you all about just why organizations need these people so badly, particularly in the current employment climate.
They start off by looking at these types of cuts and the impact they have, and then Michelle shares her experience with L&D downsizing. She and Maria then go on to explore the different training modalities and how they can be used the most effectively, how investing in HR can actually save money for the company, the importance of P&L Report training, and costs - controllable and otherwise. Our hosts finish up by looking at just how critical effective leadership training is within an organization. The first in this powerful new series, today’s episode presents yet another glowing example of the sheer amount of knowledge, insight, and advice that the REL Talent team has to offer all who listen to and work with them.
The Finer Details of This Episode:
Quotes:
“If you can try to understand both sides of why something happens, it makes it easier to present a solution that's good for both sides.”
“There's that center group of people that is keeping your customer happy. And guess who supports that center group of people and makes sure they're happy? Almost always, it's your HR team.”
“I think as a result of the reality of our climate, you can't afford to lose your employee relations people.”
“I've seen significant injuries that have impacted people's ability to do their job to live their life, and have changed the way their family has to care for them as a result of not getting a required element of their training to do their job effectively. So yeah, it could be easy, it could be a fine, but it could also be a loss of life.”
“I am a big fan of compliance being digital…there's absolutely a time and place for each type of training modality whether it is instructor led or virtual or even self paced.”
“Some of the highest reasons for turnover and organizations right now are lack of growth and development.”
“We're actually going to be able to show you that, as a result of spending here, here's where you're going to save time and money in all of these other avenues.”
“You need somebody that can come in and automatically link the idea of that P&L to concepts they already understand.”
“It's a huge component for leaders to be totally educated and trained and developed to make the right decisions.”
“Focus on what's a critical component, dig deeper into your budgets to invest more into your people in a different way, in which you are able to do no matter what size of your businesses what size your budget is, and really continue developing your leaders to understand how they can take a look at things in a new light.”
Show Links:
REL Talent: HR Consulting
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