Value For Money

It had not just been since the start of the recession that organisations have required value for money from their training interventions. Many firms have a history of stopping training or at least reducing the investment they make into their own staff during financially difficult trading periods. However some firms are the exception, feeling that during the tough times, they need to ensure their staff are operating together as well as they can. This is combined with a need to demonstrate they are investing in their teams and do value their staff, even though they are not in a position to offer bonuses or other financial rewards.

Teambuilding programs and team building events are seen as a valuable and effective means to invest in staff teams. Whilst offering value for money; team events and teambuilding training interventions work towards achieving learning and development needs of firms as well as provide effective morale boosting events.

In order to achieve this, companies are requiring more proof that the training and events they are investing in, and in particular the teambuilding they purchase, does represent good value for money.

In order to satisfy this justly growing need, Outdoor Event organisers and team building providers using experiential learning are producing team building events and team development programs on very tight budgets. Working alongside clients, they are spending more time establishing the exact needs of teams to ensure the training products offered are an exact match for clients' learning and development requirements.

Outdoor teambuilding firms can offer all the 'whistles and bells' of visually exciting and challenging activities when they are required, but the focus must always be on delivering the right learning experiences and training sessions to ensure the learning and development objectives are fully met for the best price possible. Team event firms combine this with ensuring programs costs are tightly controlled, establishing great relationships with suppliers and keeping profit margins at modest levels. Some training firms are also providing financially transparent program proposals to current and prospective clients so they can fully understand the costs involved and play a role in ensuring they receive value for money.

In order to ensure outdoor team building programs are effective and do meet the training objectives set, some outdoor activity days include additional services at no extra cost. These effectively help to establish that training firms are confident the services they offer do provide excellent value for money and the training interventions will achieve everything that is required of them. A key service includes organising pre program meetings with the teams attending programs to ensure they are fully prepared and aware of the training event. In addition to this post program evaluation, follow up sessions with key stakeholders should be offered to check the work and offer assistance to the teams if any other issues have developed since the team event.