Learning Uncut Elevate 44: Stretching Your L&D Budget Further
Apr 28, 2025
Michelle Parry-Slater, a learning and development expert and author of The Learning and Development Handbook, shares insight into maximizing L&D budgets amidst constraints. She emphasizes aligning spending with business needs and highlights innovative strategies like leveraging inter-departmental resources and internal podcasts. The discussion covers effective content curation, the impact of MOOCs, and the rising role of podcasts in fostering employee engagement. Practical tips and collaborative approaches make this conversation a treasure trove for L&D professionals.
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Prioritize L&D Budget With Business
- Prioritize L&D spend by aligning with business goals and metrics.
- Speak the language of the business to demonstrate learning's value and avoid guesswork in budget use.
Tap Into Other Departments’ Budgets
- Collaborate with other departments to tap into their budgets for L&D initiatives.
- Present strong business cases to increase learning investment by showing clear value and benefits.
No Budget, Strong Business Cases
- Michelle Parry-Slater managed global learning without a dedicated budget.
- She relied solely on convincing other departments to fund learning initiatives, honing her business case skills.