As more and more companies turn to managed training services to deliver their training and development requirements, many HR & L&D professionals are wondering whether it is time that their organisation did the same. It can be a tough decision – especially when you already have a pool of highly skilled internal L&D talent which you want to retain.
The common misconception about managed learning services is that it negates the need for an internal training function. Whilst this may be true for a handful of companies, the main reason to outsource is to get better deals on training delivery and free up internal resources so that people can focus on core objectives and take a more strategic role.
Read our top 5 benefits of managed training services to help you to decide if it is the right route for your organisation to take:-
1) More competitive training rates
Good managed service providers make it their priority to develop mutually beneficial professional relationships with best in class training providers. This vendor neutral approach means that they can source the most effective training at competitive rates and pass the savings back to their clients.
2) Better use of internal resources
Sourcing the right training and development usually involves a great deal of time in researching courses and negotiating with training providers. Then there is all the associated administration of running a course and following it up afterwards. Managed learning services takes this burden off internal employees leaving them time to focus on their core objectives.
3) Improved quality assurance
Checking that your chosen training provider has the expertise, capacity and capability to deliver your training needs can be quite a challenge. Outsourcing providers quality assure training companies on a organisation’s behalf so that their clients can rest easy in the knowledge that their training budget is being put to good use.
4) Access to larger talent pool
There is not a single organisation that possesses all the in-house expertise that they require in order to thrive and prosper. Businesses are always bringing in external consultants to fill the skills gaps that they are missing internally. Outsourcing L&D means that organisations can extend their talent pool of expert knowledge and skills to complement their existing training department.
5) Improved monitoring and reporting processes
Keeping track of training is a time consuming process. Managed training services have access to state of the art Learning Management Systems (LMS) which support organisations with tracking, monitoring, reporting and evaluating development interventions. They also provide all the necessary implementation, management and training services to help companies demonstrate a good ROI from their activities.
This helpful sponsored business information was provided by Danny Roberts. Danny is Head of Managed Service Development at leading training consultants, Thales Training & Consultancy where they specialise in project management and risk training. Having worked in and around L&D for over 10 years, Danny works closely with both HR and L&D teams through a consultative approach, to deliver a bespoke managed training service that involves strategy review through to benefits analysis of implementation.