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The Five Costliest Mistakes in Training (Part 1)

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Event based training can be a key revenue contributor or a draw on company budgets and finances. To achieve the maximum return you need to manage the business side of training as efficiently and as effectively as you manage the educational side. Over the next few weeks we’ll be offering invaluable advice on how to avoid the five costliest mistakes in managing training programs while improving the quality, financial return, and overall business impact of your training initiatives. Mistake 1: Administration devours resources As the scale of your training programs begin to grow, every aspect of your operation grows. Your audience grows, your course offerings expand, and the frequency with which you offer courses continues to increase. More resources are required to manage the workload. As a result your bottom line begins to take a beating. Costs mount as training managers wrestle with a slew of administrative tasks associated with course date management. Managing registrations, waiting lists and resources can present a huge administrative burden. Far too much manual effort is spent processing registration requests, confirming bookings, communicating with registrants and processing payments. Managing training schedules and instructors can be enormously time-consuming. If you’re relying on any manual processes for issuing invoices or collecting payment, you’re consuming even more resources. Reporting often takes a back seat and you are unable to assess the overall effectiveness and profitability of your organisation. To avoid losing the battle to these costs and tasks you must streamline training administration by replacing time-consuming manual processes with a dedicated solutions designed to automate the workflow and logistics associated with your training programs. Doing so will allow you to increase the scale and reach of your training programs without further taxing your resources. If you are interested in learning more about automating and reducuing the costs of training administration please feel free to get in touch or 0845 5430229 or [email protected] David Evans AccessPlanit

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