Beginners' Guide to L&D Budgets

✅Learning and Development is a vital aspect of any business (or it should be, anyways!). If your employees aren't learning, they're not growing. As a Learning and Development expert-in-charge, it's your responsibility to ensure that the company's growth doesn't stop at the workplace door - which means ensuring the company pays for their training and development too.
In this video we'll take a deep dive into L&D budgets for beginners.
👉Resource Library: www.thelndacademy.com/the-ult...
Table of Contents:
0:00 - Intro
0:47 - What is a Learning & Development budget?
1:05 - Benefits and downsides of having a Learning & Development budget
2:10 - Considerations for L&D budget
3:18 - Methods for building an L&D budget
4:26 - Alignment to the business
5:09 - Types of Learning Costs
7:55 - L&D Budget stakeholders
10:18 - Collecting information to inform the budget
11:15 - Prioritizing L&D initiatives in line with business expectations
12:03 - Evaluating the budget
12:40 - Monitoring the budget
14:21 - Keys to continued success
15:06 - Conclusion
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🚀 Kickstart your L&D career with our 'Learning and Development Fundamentals' course - a must-have foundation for success! Enroll here: www.thelndacademy.com/learning-and-development-fundamentals 🚀
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[@pradeepbhatnagar4848]

Vry.Useful nd Informative Lecture.Thanks

[@TheLnDAcademy]

Thank you! 😊

[@abongileteno6604]

omg WHYYYYY am I only discovering you guys today. you would have helped a long time ago.......

[@TheLnDAcademy]

Oh noooo! Well, you’ve found us now! 🤩🚀

[@oyindamolaawelogun279]

Thank you very much. I discovered this channel and it's what I have been looking for. Quite insightful.

[@TheLnDAcademy]

Thank you for your kind words! Glad we can help!

[@kohkoh17]

Been binging your channel to get an overview of the L&D role and industry to see if its cool to make a career transition into it. Thanks for all these wonderful knowledge bombs!

[@TheLnDAcademy]

We’re glad you’re considering a transition to L&D. It can be a fun and challenging career choice. If you have any questions, please do not hesitate to reach out.

[@kohkoh17]

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[@TheLnDAcademy]

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[@thomask.andrews5371]

Thank you so much

[@TheLnDAcademy]

You’re very welcome!

[@alialkhalaf9625]

Thanks

[@TheLnDAcademy]

You’re welcome!

[@alialkhalaf9625]

Do you have a video to explain the difference between learning and development?

[@TheLnDAcademy]

That’s a great idea! Thanks 🙏

[@TheLnDAcademy]

We made the video you requested. Check it out here: ruclips.net/video/yO4f3lTIf5Q/видео.html