Early in my business ethics career I was designing the annual hour-long employee training. Then I learned that our largest business unit would take a $1M hit to its bottom line because of this training.
I was shocked. But the math was simple:
Number of direct charge employees
X
average hourly wages
X
length of training
=
$1,000,000
I saw the financial impact we could have by creating a shorter – but just as impactful – training. Millions of dollars across the organization.
Do the math for your organization. How much could you save if, without sacrificing quality, your employees spent 25% or 50% less time completing online modules?
Share those numbers with your GC, your CFO, your CEO – and enjoy the nods of approval.
The Ethical Leader 