To say the world has changed a lot in 2020 would be an understatement.
Now, with the second round of lockdown coming into effect in Europe, the US elections, and Pfizer announcing a potential vaccine, the future has never felt quite so uncertain.
For managers preparing to lift their team’s performance in 2021, this creates a real challenge.
Most CFOs and finance teams will prepare for uncertainties by tightening budgets for the next year, when the opposite is what you need. So now more than ever, you need to defend your training budget. How can you make sure you have enough resources to equip and train your teams to meet all the challenges 2021 has in store?
To get your training budget and exec buy-in, you need a clear set of priorities. More importantly, you need to know your non-negotiables, because one thing is certain: in most companies, training managers will be asked to do more with less.
This makes training resources more of a strategic issue for managers than ever before. Setting your priorities and picking your battles is a prerequisite for negotiations with your finance team, and is crucial to securing the resources you need.