An Intensive 3-day Training Course
Aligning Training and Strategy
in an Economic Downturn
Are the scheduled dates matching with your needs?
We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.
We don’t have a scheduled session for this course at the moment. For more information and to enquire about future sessions, please feel free to reach out to our Training Department ([email protected])
Why Choose this Training Course?
In this economic unstable world, with the constant fear of recession looming and oil prices tumbling, it is vitally important that an organisation doesn’t lose sight of the fact that it’s most important asset is its people. It is well known and understood by leaders that it’s the people that can really make the key strategic difference between you and your competitors. As budgets are tightened, reduced and scrutinised further the value of this investment in people development has never been more important. The key words of focus from the business are now: ‘…effective and efficient…’, or ‘…value for money…’ (VFM).
The focus of this Aligning Training and Strategy in an Economic Downturn training course will be around these two key areas: aligning business objectives to ensure the optimum effectiveness of the interventions and development options chosen; as well as ensuring that this is conducted as efficiently as possible, meeting the strategic goals of the organisation. The course will look at the organisational and personal impact of the downturn, moving forward to creating effective development strategies, lean processes, managing providers and negotiation to ensure maximum value, as well as building a case for and calculating ROI (Return on Investment) ensuring value for money (VFM) is achieved.
This is an essential training course for those who are responsible for ensuring the correct engagement and credibility of learning and development in the organisation, as well as the financial control of creating, measuring and managing training and interventions.
The training course will highlight:
- An understanding of the market downturn on organisational and personal impact on the business
- Ensuring that proposed training and development programmes are relevant to the strategic direction of the business to support efficient planned expenditure
- Reviewing lean processes and alternative organisational development methods
- Ensuring efficient value from external learning service providers: (VFM)
- The management of the training budget and potential compromises impacting on the ‘training spend’
- Demonstrating that ROI has been achieved
What are the Goals?
At the end of this training course, you will learn to:
- Apply techniques to identifying business training needs aligned to organisational strategy
- Review and develop alternative cost-effective methods of development within the organisation
- Review lean processes and models to achieve efficiency
- Deal with external learning service providers to ensure cost-effective development options
- Prepare and create evaluation methods to aid the management and measurement of investment (ROI) and ensure value for money (VFM)
- Develop and propose a business case for training to meet strategic business objectives
Who is this Training Course for?
This PetroKnowledge course is suitable to a wide range of professionals but will greatly benefit those who:
- have direct responsibility for the training budget within the organisation and wish to gain greater effectiveness and efficiency in managing this
- have a strategic overview of the business and who may also be responsible for initiating training programmes or authorizing expenditure for training and wish to gain a greater understanding of training budget formulation and ROI
- are responsible for Human Resource / Organisational Development and the planning and delivery of training programmes at a strategic level
- are responsible for the planning and implementation of training programs at an operational level.
How will this Training Course be Presented?
The training course will utilize a variety of adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This will include highly interactive group and individual activities, targeted case studies and relevant practical exercises. This will be facilitated learning through direct input, discussion and encouragement to test and critically appraise theories, models and concepts.
Daily Agenda
Day One: Aligning Training to Business Strategy
- Organisational and Personal impact of an economic downturn
- Importance of Synergistic Strategic Organisational Development
- Sustainability of development: need for long-term planning for future skills and competences
- Aligning training and development to meet business objectives
- Effectiveness and efficiency through evaluation principles
Day Two: Optimising Effective Development and VFM
- LEAN organisation and processes
- Alternative cost-effective training and development interventions
- Maximising internal development provision
- Managing the external Learning Service Provider
- Ensure maximum VFM (value for money) through powerful negotiation
- Contractual considerations when using external provision
Day Three: Demonstrating Efficient ROI and VFM
- Efficient budget planning, and forecasting strategies
- Understanding Cost / Benefit Analysis impact
- Validating the ROI: process and methods
- Optimise cost-effective development strategies
- Preparing a Business Case for ROI and VFM
- Summary and Next Steps
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].