Disruption to the Continuing and Professional Development Situation
Things are changing… faster than ever before.
Markets are moving and the need for training is ever present for firms wanting to survive.
The disruption that is ‘already here’ is changing everything we know and do.
The question everyone has is… what are we going to do knowing that this disruption has occurred.
In the past, training required that you book flights, transportation, hotels, take care of meals and entertainment… all to get people together for training. We have for decades thought the best method for training was flying hundreds of people from all points, to a central place for training. The costs have always been HUGE.
Airfare
Hotels
Car/Transportation
Travel Fees
Accommodations
Then ADDING the cost of the venue AND the training.
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Barriers to ongoing Continuing and Professional Development
M
any industries have Continuing and Professional Development or CPD requirements. Those in finance, accounting, legal all have mandatory training requirements that demand anywhere from 20-40 hours annually to be completed. These CPD requirements are in addition to many product or specific product programs that many firms offer.
A quick Google search for ‘CPD requirements’ provides almost 7 million results. CPD’s are serious business, yet many firms struggle with coordinating and delivering these programs to their staff. The standard litney of reasons for why this is difficult is common to many. Things like,
- Time away from the office
- Travel time to an event
- Sometimes the cost of airfare and hotel accommodations contribute to the costs
- Relevance of the training to the participant.
To me, there is a solution out there waiting to be discovered. Something that is easy to participate in, easy to access, manageable from a time perspective and yet fully reportable and accountable for firms, regulatory bodies and associations.
Copyright 2013 Bryant Nielson. All Rights Reserved.
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Bryant Nielson – Managing Director of CapitalWave Inc.– offers 25+ years of training and talent management for executives, business owners, and top performing sales executives in taking the leap from the ordinary to extraordinary. Bryant is a entrepreneur, trainer, and strategic training adviser for many organizations. Bryant’s business career has been based on his results-oriented style of empowering the individual. Learn more about Bryant at LinkedIn: www.linkedin.com/in/bryantnielson |
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