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Employee Career Development

<i>Dear Workforce</i> How Do We Calculate a First-Ever Training Budget

June 15, 2010
Our company has never had a formal training budget, but I’ve now been asked to develop one. I am collecting data on all the training we’d like to offer next year, per employee, but frankly don’t know if I am asking for too much training money or too little. How do I calculate an approximate training budget? And how much should we devote to leadership training?
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The Hive Mind at Work

When Michael O'Malley discusses the hive mind, he’s not speaking figuratively. A social psychologist, Yale University Press editor and longtime beekeeper, O'Malley applied his apiarian knowledge to management practices in The Wisdom of Bees: What the Hive Can Teach Business About Leadership, Efficiency, and Growth.
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