Ensure Your L&D Program is Recession-Proof
Recession-proofing L&D means preparing for economic decline to save time and money. Review this checklist to ensure readiness for survival and success when budgets are tight.
What does it mean to “recession-proof” your Learning & Development program? When budgets are strict and business is slower-paced, it’s a great time to revamp processes, identifying areas where time and money could be saved. When you have the processes and strategies in place to confidently and effectively prepare for an economic decline, you’re empowering your organization to not only survive, but thrive during times of uncertainty. Here are 3 steps, along with a checklist of action items, you can take to ensure your L&D program is recession ready and will remain competitive in the market.