035- Choose the Right Professional Development

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There are many types of business and professional development methods to choose from.  Knowing how each works and which one will help you achieve the improvement you want is critical. 

:45      Introduce episode:  
Professional or business development is a $164 billion annual industry.  The main types of development include, training, coaching, mentoring, formal learning, on-the-job and static programs. What’s the key difference and when should each be considered. 
 
1:15   Who benefits from this show? 
Unless you understand the advantages and limitations of each, you may waste lots of time and money and not get the developmental lift you are looking for.
 
2:00   Talking points: (8:00 mins)

1. Why do businesses spend so much on development programs?
2. What situations make outside development services more advantageous?
3. What are the key differences of the types mentioned?

 
10:00 Tips for improving in this area or overcoming this problem: (7:00 mins)

1. Be clear about the outcome you want.  Improvements in people’s knowledge, skill, effectiveness or competence.
2. Insure your people have an improvement mindset. Get feedback from them about the method that would help them the greatest before deciding where to invest.
3. Have clear expectations for progress and eventual outcome.  Vet your options carefully.
4. Stay close to the development process.  Insist evidence of on-the-job usability.

 
17:00 Final Take-aways: (2:00 mins)      
 
19:00 Closing comments: 
If you have people development needs and you are unsure about what method to use, give us a call.  We can help you make a good choice for your circumstances.
 
20:00 Show ends
 
Resource Information:
https://www.hr.com/en/communities/training_and_development/list-of-training-methods_eacwezdm.html