Costly Misconceptions of Training: Three Myths that are Blowing your Training Budget
Leslie Paton, MA, MBA
Costly misconceptions of training
Benjamin Franklin once said, “The only thing more expensive than education is ignorance.” And later, Henry Ford lamented: “The only thing worse than training your employees and having them leave, is not training them and having them stay.” Which implies that the only thing more costly than training is not training at all.
But in fact, more expensive than both of these is training badly. Purchasers of company-wide training can unwittingly use bad assumptions when selecting courses and delivery models that can be very costly to their organizations, both in terms of the training budget and the resulting impact on the workforce.
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