Many 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.
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