Why should our bank have a training budget during a pandemic?

​Why not? What happens if you don’t? You will fall behind if you cut the training budget. Training and development programs support organizations in many ways, especially during a pandemic, a recession, change(s), and strategic efforts. Derrick Thompson, a writer/editor for Association of Talent Development writes, “that corporate learning programs are essential to workplace transformation.” Training & Development Budgets and Strategies - do what?

• Invest in your people while investing in your financial institution.
• Set up strategies and people for success.
• Improve resiliency.
• Nurture people and processes.
• Provides tools and resources.
• Model and shape behaviors.
• Develop and improve skills.
• Foster understanding and environments for trust, communication, empathy, and support.

There are many benefits and value statements that can be written to encourage leaders to implement learning strategies. Supporting and developing leaders should be a priority along with ongoing staff development across the bank’s organization. Our bank’s managers are supporting a diverse workforce; not only a variety of ages and back grounds in experience but diverse locations, varying job responsibilities with internal structure changes and community and customer changes. Leadership development will foster trust and open communication that will produce value. What are your talent development and employee engagement strategies? What new skills and competencies do your banker’s need? How can The Community Bankers Association support your needs? Our new and enhanced program offerings provide participants opportunities to refocus and to support your bank’s vision, mission, values, and strategic goals. Call us, we work for you and are ready to connect your bankers to the right solution and learning tools.