PROVING THE ROI OF TRAINING: Moving from Expense to Necessity

While world-class manufacturers know an investment in human capital is critical for achieving and sustaining a competitive advantage, less savvy companies relegate training and development to a minor expense line in the annual budget.

That means capital investments such as equipment and technology are readily funded, while training initiatives are often left out of final budgets.

By ensuring that training programs are an integral part of a strategic plan from the beginning and are attached to overall fiscal goals, training departments can demonstrate the value and necessity of focusing on people to ensure the overall success of an organization.

This white paper will demonstrate how companies can tie their learning and development program to the bottom line.