The Learning Factor takes all the training vendors you’re juggling and creates a streamlined strategy – the kind of strategy that means your team get the training they need, when they need it so your budget looks a lot healthier at the end of each quarter.
Step 1: Get to grips with what’s happening now.
Step 2: Determine what you need across your organisation.
Step 3: Identify the right vendors and negotiate favourable terms.
Step 4: Track their performance and keep everything working!
Our vendor management strategies also make sure all your training activities bring you closer to meeting your business goals and objectives.
The Learning Factor takes the headache out of getting maximum return on your training investment. We have over 1,000 training experts through Asia Pacific so we can connect you with the right team member and you’ll have money left over.
Once you use multiple training vendors, there is bound to be some crossover and duplication. That means you’re spending more money on training services than you need to.
The Learning Factor works through a detailed process of finding out what you need your learning and development programs to do. Then we make sure your training vendors can get you there with as much reuse as possible. The result is a more cost-effective mix of training service providers across the entire organisation.
Vendor rationalisation all comes down to getting the best return on your investment. When you cut out duplicate service providers you cut out duplication costs and suddenly you have more budget available for actual training!
At The Learning Factor, we use our experience to negotiate the best rates and terms that have every detail covered. It’s a practical approach to the business end of training services.
You can’t be sure if you’re getting value from your training vendors unless you track their performance against their promises. Service level agreements and performance metrics give you a feel for what’s going on but do you really have time to make sure every vendor is delivering?
The Learning Factor measures vendor performance so you can get on with business knowing you’re getting consistently high-quality training services – every time.
Download our white paper to learn more.
To cut the fat from your learning and development programs, contact The Learning Factor today.