What to do when budget cutting threatens training?
Budgets in Healthcare are getting tighter every day. Top management can verbally support training and its importance, yet when budget trimming becomes necessary, turn around and reduce or eliminate training funds.
Also, many leaders tend to view all expenditures in terms of costs versus benefits; education comes up short in their eyes by very nearly defying cost-benefit analysis.
Respond to the following:
Explain why this fundamental contradiction exists, and describe which arguments you might use in defense of your education budget.
Explain why continuing education might be especially important in health care.
Develop an argument for keeping as much of your education budget as possible.
Describe how you would go about attempting to measure the results of education and development.