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Making your L&D budget recession-proof: 7 strategies to take now

CLO Magazine

Executives react as if a recession is imminent by cutting budgets, delaying projects, deferring expenses and reducing staff. This environment leads to scrutiny of all budgets, including the learning and development budget. ” However, when it comes time to reduce budgets, learning is often the first budget to go.

Budget 97
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How to get your L&D budget approved

CLO Magazine

Some will have little resistance to getting a budget approved, while others may face serious difficulties. This article will explore key areas to consider when seeking approval of the L&D budget. We have heard many chief learning officers discuss the budget process even during the current situation. Reality check.

Budget 109
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Future-proofing learning: Prioritizing L&D in budgets

CLO Magazine

Over the last few years, L&D budgets have increased. And, according to BetterWork Media Group’s 2022 State of L&D Analysis report, nearly two-thirds of the 558 participants believe their budgets will increase over the next 12 to 18 months. Why did budgets increase?

Budget 47
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Building a culture of accountability

CLO Magazine

It’s possible if you create a culture of accountability. Therein lies the key to creating a culture of accountability: encouraging individuals to take ownership of their results and the consequences of those results. What is a culture of accountability? How to build and maintain a culture of accountability.

Culture 113
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How to protect your learning budget amid current uncertainty

CLO Magazine

Yet, given the growing uncertainty about the economic climate and possible recession, many organizations are reassessing their budgets across the board. History has often seen learning and development as one of the first budgets targeted. This makes stronger the case for maintaining (or even growing) your learning budget.

Budget 97
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Building a culture of accountability

CLO Magazine

It’s possible if you create a culture of accountability. Therein lies the key to creating a culture of accountability: encouraging individuals to take ownership of their results and the consequences of those results. What is a culture of accountability? How to build and maintain a culture of accountability.

Culture 75
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Chief Learning Officer: The Owner of Training Management

Training Orchestra

The title of Chief Learning Officer (CLO) may not be as widely known as other C-suite members, but its importance is perhaps more significant now than ever before. While the CLO acronym had been used previously for other roles, Kerr’s title was the first of its kind. We’ll explore this fascinating area below.