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Insights                     Ratna Joshi









































                                            6 Best Practices



                                            to L&D Budgeting in



                                            the New Normal




                                            The L&D budget, which simply put is an
                             Ratna Joshi    amalgamation of all the direct & indirect costs

                     Head- Learning & Development
                           Mahindra & Mahindra  associated with designing, delivering, evaluating
                                            and sustaining learning & developmental efforts
                      Ratna Joshi heads the L&D   in an organisation, is getting disrupted and we are
                     function for AFS, Mahindra   witnessing a wide range of conversations around
                       & Mahindra and is a gold
                  medallist from Nirma Institute of   L&D budgets, right from complete suspension
                  Management. Her 15 years of HR
                   career spans across organisations   to sustaining it need-based to optimisations to
                  like M&M, Tata Group, Reliance   maintaining the erstwhile status unchanged.
                  group & Shoppers stop across HR
                        leadership & COE roles.

                                                     Organisations that fuel a   trends, the readiness of organisations to
                                                     culture of continuous learning   pivot nimbly comes from the ability to
                                                     and development are often   drive “dual transformation” which is
                                                     considered more resilient and   about ‘managing the core” superbly and
                                            responsive from within. In a world   equally being adept at “repositioning the
                                            driven by paradigm shifts and disruptive   present” and “creating the future”. It is

        17   November 2020                                                                    www.sightsinplus.com
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