5 Reasons Why Using Consultants are Good for your L&D Budget

It might seem counterintuitive that hiring a consultant would help you save money, but when it comes to your L&D budget – hiring a consultant is a great option. Without a strong learning and development plan, your employees will fail to keep pace with the fast-moving market, or they may even jump ship to find a company who is willing to invest in their long-term success. As an employer in one of the most challenging hiring markets history has ever seen, this is not a risk you can take. Here are 5 ways that hiring a consultant might just be the answer you’ve been looking for.

 1. Every Little Bit Helps

 For all those “do it yourself”, “wear many hats“, business owners, there are an equal number of employees wondering why something isn’t getting done right, or at all. When you are spread too thin, there are inevitable gaps and hiring a learning and development consultant can help actively fill in those gaps. Having an external perspective on what programs would most benefit your company can really help get you on the right path, even if it’s just a start. You don’t have to do everything, but it would really benefit your team and your organization as a whole to do something.  If you are using consultants, you won’t have to figure it all out yourself – saving your company precious time and money.

2. Focus on the Big Picture

Consultants are great about seeing the forest for the trees. Sometimes, when you are working on client deliverables and critical projects, the thought of taking a step back can seem like a monstrous task. By hiring a consultant, you hire a mindset. Someone who is less emotionally involved in the minutiae of the day to day business. It’s their job to focus on the big picture, identify and launch the sort of learning and development programs that will make an immediate difference in the success and longevity of your company. This also frees up your time and mental space to focus on the important organizational goals that will keep the business running smoothly year after year.

3. Develop a Program that’s within Budget

One of the key goals of your consultant should be to align their recommendations with business outcomes and budget limits. This is a critical part of how your company can grow while not consuming itself in the process. A consultant understands these restrictions, and are able to work within boundaries to find a program that is the best fit for your team and your organization as a whole. Many consultants have an in-depth understanding of the impact and cost of the various programs that are available today. But without those years of research and experience, it would be nearly impossible for a manager or business owner to figure things out in a reasonable amount of time. Consultants save money by working within your limits.

Are you looking for L&D Consultants?

Our consultants require minimal ramp up and hit the ground running. Our long standing relationships with global organizations and consultants reduce your risk. Our 98% project success rate is dramatically higher than the industry average of 54%. If you are looking to hire a learning and development consultant that can set your team up for success without blowing your budget, Contact us today.