Businesses streamline and adjust according to perceptions of sustainability and competition. But like sunblock, this eventually wears thin, exposing business vulnerabilities and bottom line discomfort.
Project management occupies a special place in strategic business practice as it facilitates quantifiable micro and macro goals, linking operations to defined deliverables and potentially enviable milestones.
All private and public sector organizations invest a considerable amount of money in training, varying from a few employees a year to thousands. Many large organizations even run their own campus in addition to external service provider venues.
With a direct training cost of about R3 000.00 per day plus a rough average R2 500.00 for lost productivity, multiplied by a typical “personal development programme” allocation of 10 days per annum, we are looking at an annual cost of R55 000 per employee.
Do the numbers. An average corporate will quickly get to a conservative R200,000,000 p.a., and project management training is likely a key priority for those with a competitive vision in an increasingly global market.
Robin Hood’s Band of Merry Legislators
The appropriation of a profit percentage to drive economic and social development has led to increased training and development opportunities.
The 2011 ICAS report “Overcoming SA’s skills challenge” found that South African companies were spending about 3% of their payroll on training. The government’s employment equity guidance and the Skills Development Act continues to encourage increasing spend on training in both private and public sectors.
The dept. of labour reports that R57 billion was spent over the last 10 years through the SAQA governed SETA’s alone. The King III report points out that directors are held accountable for developing human capital.
Its undoubtedly an organisation’s ability to plan and pre-empt that allows it to face challenges with increasing agility and market perception.
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We’re not only passionate about sound project management ethos, but about providing ongoing, flexible support for as long as you require.
Our range of project management training is pure business arsenal that helps you send competitors to the trenches.