The $75,000 Development Waste We’re All Making – Why Your Business is Becoming Obsolete
If you’re waiting for your company to advance you, you’re already finished in the race. Sorry, but that’s the brutal truth of professional development in the current landscape.
I work with CEOs who invest more on their golf fees than their total team’s training – and wonder why performance is poor.
A Sydney client just realised they were losing $2,300 per employee on useless training.
The painful fact is that everyone – leaders – are handling professional development ass-backwards. Corporations are focusing on generic programs while staff are wishing someone else to be responsible for their future.
Let me show you a snapshot of what’s really going on in Australian organisations right now: Universal incompetence. All companies is floundering at succession in their own particular way.
Executives who say they’re too important for training are essentially admitting their impending irrelevance.
What actually makes me angry is that the strategy is staring us in the face, but professionals is too blind in the dying system to see it.
The idiocy I’ve documented would make you lose sleep. Firms squandering huge sums on programs that stopped working ages ago. While, actual results are available for almost nothing of the price.
Yet here’s where it gets genuinely exciting. The companies who are killing it right now have figured out the secret. They’re not following any accepted model.
Concurrently, digital learning is taking over. Old-school consultants are collapsing as their dominance on education vanishes.
Here’s exactly what the disruptors are building differently:
**1. AI-Powered Growth**
They’ve shown that a $50/month resource plus focused application beats a $10,000 certification every single time.
**2. Polymathic Learning**
A accountant who can also write. A engineer who knows operations. These profiles are generating significantly more than the remuneration.
**3. Crowd-Sourced Excellence**
One developer explained to me they learn more from their WhatsApp group in a few days than from a certification of traditional training.
**4. Performance-Based Development**
One individual I track has a ruthless rule: Every course must generate returns within 60 days or it’s cancelled.
**5. Sprint-Based Growth**
I work with individuals who execute constant development trials concurrently, rapidly pivoting based on market response.
I last month consulted for a entire industry group that was stagnating with legacy methods. We threw out all traditions – the traditional consultants, the expecting for employers to drive development, the accepted processes. The impact? Triple enhancement in performance at a fraction of the spend.
But here’s my unpopular opinion that’ll trigger the establishment: 90% of corporate education programs is utter theatre.
I see professionals developing more from ChatGPT than from $100,000 MBAs. The transformation is complete. The old guard just haven’t admit it yet.
The coming wave of professional development is already arrived. It’s just not mainstream. The organisations that get this will thrive. The laggards? They’ll be complaining what went wrong while they’re being eliminated by competitors who transformed faster.
Here’s the secret that works: Study then Implement then Reflect then Iterate then Repeat.
The path is crystal clear: You can persist with struggling by the broken paradigm – investing money on ineffective development that waste everyone’s time, waiting for others to provide your growth, maintaining sector standards that are already obsolete. Or you can embrace the new world where growth is unlimited, immediate, and incredibly more valuable.
The future is in progress. You’re either part of it, or you’re roadkill for it. There is no neutral position.
Decide now. Because while you’re thinking about this, your replacement is already learning.
The organisations that view professional development as an afterthought are the ones going into bankruptcy tomorrow.
And they’re not asking for the right time.
I promise you, in 12 months, you’ll kick yourself for not you’d acted when you read this.
The only question that matters is: Will you?
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