| | NOVEMBER 2023MANAGEHRMAGAZINE.COM8In MyOpinionBy Greg Holsworth, Manager, Talent Management, Inter PipelineLEMONADE OUT OF BUDGETARY LEMONS: MULTIPLYING THE AFFECT OF DOING THINGS IN-HOUSE - DEVELOPMENT WEEK Greg HolsworthBudgetary pressures are a constant in Human Resources. Even though most (maybe all) HR professionals would argue that the "spend" in HR designed programming is in fact an investment in people that will pay dividends, we also recognize that the payback for those investments is usually measured in years, not quarters or months.The means and ways that some organizations have addressed the on-going concerns over employee development varies from industry and organization. Depending on size, prevailing philosophies of those managing the budgets and other considerations, sometimes I've had very large budgets to spend on employee development, and other times, none at all. I used to feel very frustrated by those instances where there were zero dollars to be spent on the investments I knew would eventually pay-back a return. So, what to do?I learned how to combine two lessons I had learned:1) Use and follow the 70 / 20 / 10 development philosophy. Meaning, look for and leverage the 70% of all development opportunities one might have through one's own work (trust me, they are there).2) Remind myself of a TED Talk quote I can still recall nearly 20 years after I first heard it: "Creativity begins when you take a zero away from your proposed budget".Here is what I did with it: Development WeekLet me explain. A few years ago, with the above two points resonating in my head, I was presented with
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