TD Magazine Article
Member Benefit
Steady Under Pressure: Training During a Recession
Recession fears shake training budgets and rouse new ways to cope.Cancelled leadership classes, travel restrictions, and broken links on the online university site are the training professional’s worst fears during an economic downturn.
ML
By
Tue Aug 05 2008
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The current climate is causing many training leaders to step back, if not cut back, and rethink how they deliver training. Travel reductions are an obvious first step, followed by increased online offerings. Panic has not set in inside training departments, and most organizations report pressure to do more with the same budget without being asked to reduce expenditures outright.