There is no rise without fall and vice versa. In the current economic situation it is logical to think about the economic upturn. Realising this factor ADR International gives advice to different businesses to examine their costs, risks, supply chains and skillsets.

According to the CEO of ADR North America, Bill Michels says many companies have rationalised, closed plants and “taken drastic steps to adjust staffing to meet reduced demand.” He adds “stimulus funds are now being released, financial markets are beginning to unfreeze and banks are starting to pay back government loans.”

The most important things businesses should do in this period are: rethink and restructure approaches to procurement and supply management, organise teams with a core focus on cost and value improvement, automating administrative tasks and outsourcing management of low-value expenditures.

“As we see the recovery of the economy, there will be limited time to capture the short-term opportunities available from the economic recession,” Michels says.

In addition, Rebecca Howard who is Director of ADR Learning highlights the thinking of US training guru Donald Kirkpatrick in her piece for the eBulletin. There are four levels of evaluation, ensures that your training is effective and “produces learning that people can go straight back to their workplaces and put into action.”

As Rebecca Howard concludes: “The nub of what Kirkpatrick says is: it's the results that count. If you're spending money on training and development you want to know that it will make a real difference.”

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