The Value of Investing in Training

A note to young leaders.

Training. Are you doing enough of it?

Probably not. Most companies today massively under-invest in training. It’s considered mundane and time-consuming.

But the maths speaks for itself.

If you train 20 people for 4-hours and spend 20-hours preparing the material, that’s a total of 24-hours of the trainer’s time and 80-hours of trainees’ time. A total of 104-hours.

If the training yields just a 1% improvement in productivity, this will result in over 400 hours by way of improved performance each year.

That’s more than 4x your investment each and every year.

You would be hard pressed to find a better investment.