Recommended for:
Making the Learning and Development Business Case is recommended for L&D practitioners who are regularly required to present proposals internally to senior managers to gain funding and commitment for learning and development solutions. External L&D consultants and outsourced providers of learning and development who wish to build on their skills and knowledge in presenting business proposals to potential and existing clients will also benefit from the course.
Course overview:
Presenting costed business proposals to senior managers for funding and other resources is now a crucial capability for today’s L&D professionals. However, costs and budgets are only part of a successful business proposal.
Making the Learning and Development Business Case is a 1-day course that will help you to make a business case for L&D by 'selling' proposals, producing a rationale for proposed resources and demonstrating tangible and intangible returns on the required investment and resources
Course benefits:
By the end of the Making the Learning and Development Business Case course, you will be able to:
- differentiate between a cost, profit or outsourced centre
- assess the right financial basis for your own organisation
- establish and manage a budget
- conduct a cost benefit analysis
- assess relevant external sources of funding appropriate to your organisation
- present a proposal on the business case for L&D solutions in your own organisation.
Additional information:
Making the Learning and Development Business Case is provided in-house, which is a cost-effective approach if you have a number of people who require training. You choose where and when you want our trainers to deliver. We will also tailor the course content to suit your precise organisation needs.
To speak to an advisor about your particular requirements call our In-Company team on +44 (0)20 8612 6202.
Course title:
Making the Learning and Development Business Case
Duration:
Duration
Dates and prices:
Sorry we do not have any information on upcoming dates online at present. For information on the next available dates please contact our customer service team on +44 (0)20 8612 6207.
In-house training
Making the Learning and Development Business Case is provided in-house, which is a cost-effective approach if you have a number of people who require training. You choose where and when you want our trainers to deliver. We will also tailor the course content to suit your precise organisation needs.
To speak to an advisor about your particular requirements call our In-house team on +44 (0)20 8612 6202.
Cost, profit or outsourced basis?
- differentiating cost centres, profit centres and outsourced provision
- the right financial basis for your organisation’s needs
Establishing and managing a budget
- traditional versus alternative budgeting methods
- zero-based
- project-based
- incremental budgeting
- conducting a cost benefit analysis
- the range of external sources for L&D funding and accessing appropriate funding for your organisation needs
Costing learning and development solutions
- fixed and variable costs
- market rates for external providers
- the opportunity costs of those involved
- break even analysis
- conducting a cost benefit analysis
Presenting your business case
- what is a proposal?
- writing a business case
- demonstrating the financial and non financial justification and rationale for your business proposal using a range of techniques:-
- payback, payforward, added value, cost reduction, cost avoidance, return on investment
- what makes a winning proposal?
Practical skills development
- presenting a proposal
- demonstrating your skills in communication, persuasion and influencing skills
- demonstrating your business understanding
- applying key learning skills to assess your development
- self-assessment, reflective thinking
- giving and receiving peer feedback
- constructing development plans