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Economic downturn puts L&D budgets under pressure
Supporting L&D Leaders
An effective L&D strategy needs to satisfy both the immediate training requirements of the business as well as the longer term strategic development needs of its people. In these times of economic uncertainty and shrinking budgets, getting the right mix is more vital than ever.
Bridge can help. We have a long history of advising L&D professionals and designing development strategies for a wide variety of organisations. Before joining Bridge, key members of our team have served in roles including Global Head of Learning at Ernst & Young and Head of eLearing for the BBC. Our deep understanding of the challenges facing L&D leaders allows us to provide an uncommon level of insight to support for the most critical strategic decisions.
Using accelerated design techniques like the ADW (Accelerated Design Workshop) , Bridge can help L&D leaders answer key questions including:
- 1. How well current programmes are aligned to the organisation's strategic goals?
- 2. What programmes can be stopped without impacting performance?
- 3. How can eLearning and blended learning solutions be leveraged for cost savings?
- 4. What is the best way to communicate the impact of budget cuts?
- 5. How can the link between performance measurement and L&D be strengthened?
If you would like to learn more about how Bridge can support you as a leader in Learning & Development, please contact us for a free consultation.
Bridge case study:
Learning & Development Strategy in Times of Economic Downturn
How a major international consulting firm was able to increase L&D effectiveness with a dramatically reduced budget.
DOWNLOAD: Learning & Development Strategy in Times of Economic Downturn
L & D Advisory
"Our senior partners now have an increased awareness and improved leadership skills."
Julian Tutty, Former Head of Performance, Learning and Development Allen & Overy LLP
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L & D Advisory