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Time Management Training -
A Necessary Investment or A Waste Of Money?
Many organisations view time management training as something they'll
spend their money on, only if they have to. Usually when pruning the
company or department budget, training is often the first area that
gets the chop. And yet can you really afford not to?
Here's what Dr. Donald Wetmore a Time Management Specialist from the
U.S. recently said in the on-line e-zine Activepro...
Training is not a cost it's an investment
'It really doesn't matter what we pay for an investment. What's
relevant is what we get in return. One of the best ways to jeopardise
an organisation's future in today's world and increase the probability
of troubled times it to look at training as a cost and pay the price of
not training or provide substandard training that operates only as a
bandaid for the training requirements.
A person being paid $50,000 per year who is wasting just one hour per
day is costing the organisation $6,250 per year. If through one of our
Time Management Seminars that person can learn how to recapture just
one hour per day, that translates into a payback to the organisation of
$6,250 per year!
If there is a group of 25 people, the return to the organisation is
$156,250 per year! That doesn't even include other benefits like
profitability, reduced turnover, improved morale, enhanced teamwork,
greater creativity etc.)
Over 5 years, the payback is $781,250. What would your organisation
invest to achieve that return and payback?
Not so many years ago, training was an option for most organisations.
Today it is no longer an option. If any of us continue to do what we do
the same way, within five years most of us will become obsolete. Why?
Because our competitors are helping their people to become more
effective through training.
If we look closely at companies who are doing well in the long run,
they almost always have a well thought out training program in place
They realise the price for not training is the real expense of
training'.
The most important training or knowledge enhancement you can offer to
your employees is in the personal development area. Effective time
management is a life skill which affects us all. Depending on how
skilful we are at managing our time it can have a major impact on the
whole of our life. Our skill levels in this area can greatly benefit us
or cause us to be constantly stressed out.
Training is a life long endeavour. It has to be ongoing. Life changes
constantly and so do our needs and those of our people, the no. 1 asset
in every business. Time Management training is crucial for it's when we
learn to use our time effectively that we get so much more done in our
lives.
Have a great week!
Lorraine Pirihi
About The Author
Lorraine Pirihi is Australia's Personal Productivity Specialist and
Leading Life Coach. Her business The Office Organiser specialises in
showing small business owners and managers, how to get organised at
work so they can have a life! Lorraine is also a dynamic speaker and
has produced many products including "How to Survive and Thrive at
Work!"
To subscribe to her free ezine visit http://www.office-organiser.com.au
This article may be reproduced providing it is published in it's
entirety, including the author's bio and all links. For further
information please contact Lorraine Pirihi;
lorraine@office-organiser.com.au
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