5 Reasons Why Training Should Be In Your 2018 Budget

While you’re planning the 2018 budget for your organization don’t forget to include a budget for training your team members and your leadership teams. It’s not a question of if you should spend money on training, the question is how much will you spend on training. Here are 5 reasons why training should be apart of your 2018 budget.

Strengthening Weaknesses

No matter what position or office you hold we all have weaknesses. Click To Tweet

No matter what position or office you hold we all have weaknesses. While I believe in going all in on your strengths at a personal level I think it is imperative to find and strengthen your weaknesses as an organization. No matter what business you’re in there’s other organizations that are looking to put you out of business on a daily basis. Adding training to your 2018 to strengthen your weaknesses could give you that competitive advantage you need to win.

Increase Performance

My favorite type of performance is improved performance. Click To Tweet

My favorite type of performance is improved performance. No matter how great the numbers looked for you in 2017, they could always be better in 2018. Training can provide that boost in performance that you’re looking for. A new methodology, a new approach to a common problem or objection, new analytics and data, anything to move the needle for you and your organization.

Consistent Results

Great training provides a repeatable process that you and your team can plug into to achieve consistent results. Click To Tweet

Are you tired of having up months and down months? Are you tired of having up weeks and down weeks? Of course you are! Great training provides a repeatable process that you and your team can plug into to achieve consistent results. It’s easier to make consistent progress and move toward our goals if everyone in the boat is rowing the same way, at the same time. That’s what training provides.

Team Member Morale

Working for an organization that you know is committed to your growth and development is invaluable. Click To Tweet

Working for an organization that you know is committed to your growth and development is invaluable. Many studies have shown that when organizations provide training programs and resources to their team members that morale improves even if the team members don’t take advantage of the training.

Recruiting and Retention

it's imperative that you have a superb training program. Click To Tweet

During the first 90 days of hiring a new team member they will decide two things.

1.) If they want to continue to work there.

2.) If they will refer their friends and family members to work there too.

Since this time also coincides with most companies onboarding and new Hire training it’s imperative that you have a superb training program. This not only includes the training content but also the training experience and the retention of the information.

If you need a training program or would like to have your current training program examined and assessed email me at tony@tonyrsanders.com and I will help you get ready for 2018!