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Should organizations deprioritize L&D during these times?

• By Sanjeev Roy
Should organizations deprioritize L&D during these times?

If training were a person then he would be one whose head has been chopped off many times. Whenever there is a need to tighten belts, this is the easiest bit to chop off.

The responses in the Covid Era have been generally the same, with a few notable exceptions. Yet this may be the right time to up the L&D inputs in an organization.

Why we need a greater focus on L&D now

Budget cuts need not equal L&D cuts

I have observed that ‘Winner’ organisations have responded quite differently from most. ‘Winners’ are those who have consistently maintained their leadership position or have consistently outperformed the market. Here are a couple of examples.

How to spend the limited funds available

Mission critical training will of course need to be done. Beyond that organisations would benefit from hiring external experts for the following:

These times have come with a few hidden benefits that can make every hour and every rupee spent on L&D stretch even further. The explosion of online learning as people willingly reach out to learn, makes the job of participation far easier. The almost complete shutdown of the old classroom and offsite models means some automatic savings. Coupled with the move to virtual working by large numbers of people, online sessions now have far higher acceptability.

The future has always belonged to those who have believed that a good crisis should not be wasted. This is indeed the time to sharpen the people skills edge and be ready for the opportunities of today and tomorrow.