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Seven Things to Do Now to Protect Your L&D Budget

Wednesday, November 30, 2022

12:30 to 1:30 pm Central Time 

Register now

Most experts predict a recession in the coming months, and top executives are preparing for the challenges this will bring. All over the globe, managers are examining expenses to decide what to save, reduce, or even worse—eliminate.

A recession affects all types of organizations, from businesses and governments to nonprofits and educational institutions. So, what can you do to protect your budget?

This engaging session will describe seven steps you can take now to protect your budget. We'll explore the dynamics of budget setting, ways to influence budgeting, and the executive's perception of the L&D function. The session will also identify which programs are at risk and which are safe from budget cuts.

After attending this session, participants should be able to:

  1. Explain factors that influence budgeting.
  2. Identify parts of L&D at most risk for experiencing a budget reduction.
  3. Describe ways to influence budgets.
  4. Explain why leaders should increase the L&D budget in a recession.
  5. Implement
  6. actions to enhance or protect the budget.
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Facilitators:

Patti P. Phillips, Ph.D.

Dr. Patti P. Phillips is the CEO of ROI Institute, Inc., the leading source of ROI competency building, implementation support, networking, and research. Patti helps organizations implement the ROI Methodology® in more than 70 countries around the world. Since 1997, Patti has been a driving force in the global adoption of the ROI Methodology and the use of measurement and evaluation to drive organization change. Her work as an educator, researcher, consultant, and coach supports practitioners as they help organizations and communities thrive. Her work spans private sector, public sector, nonprofit, and nongovernmental organizations.

Jack J. Phillips, Ph.D.

Dr. Jack J. Phillips, a world-renowned expert on accountability, measurement, and evaluation, is chairman of ROI Institute, Inc. A former L&D leader, HR executive, and bank president, Phillips provides consulting services for Fortune 500 companies and major global organizations. The author or editor of more than 100 books, he conducts workshops and presents at conferences throughout the world.