In this episode of the Training Impact podcast, Jeff Walter discusses how to transform training programs into strategic assets. He emphasizes the importance of understanding the executive mindset regarding resource allocation and how training can be perceived as either a cost or a strategic investment. Walter outlines a structured approach to planning and implementing effective training programs, measuring their success, and ensuring continuous improvement. He concludes by highlighting the significance of demonstrating the performance impact of trained versus untrained individuals to gain executive support and funding for training initiatives.

Key Takeaways
-Understand the executive mindset regarding resource allocation.
-Start with the end in mind for training impact.
-Identify the type of business impact desired from training.
-Consider the challenges faced in training implementation.
-Utilize the five types of training programs for better ROI.
-Measure success beyond course completions and surveys.
-Engage managers to assess the impact of training.
-Highlight the performance difference between trained and untrained individuals.
-Continuous improvement is essential for effective training programs.

Chapters
00:00 Transforming Training Programs into Strategic Assets
13:01 Planning and Implementing Effective Training Programs
22:58 Measuring Impact and Continuous Improvement

Keywords
training, strategic asset, executive mindset, resource allocation, training programs, business impact, performance measurement, continuous improvement, learning and development, ROI