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February 24 - 27, 2020
Dave Vance, Executive Director at Center for Talent Reporting

Dave Vance

Executive Director
Center for Talent Reporting

Main Conference Day 1 11/28/2018

Wednesday, November 28th, 2018

8:30 AM WORKSHOP A: Preparing for the Next Recession: What L&D Needs to Start Doing Now To Avoid Outsized Reductions

In July 2019 the U.S. will break the record for the longest economic expansion in
its history by recording 120 months (10 years) of continuous growth since the great
recession of 2008-2009 ended. While the timing and severity of the next recession
cannot be accurately predicted, it would be safe to assume that we are due for the
next one within a couple of years. We also know that L&D budgets and staffing are
usually impacted severely by a recession, far more than other departments.
Join Dave Vance to explore what you can start doing now to prepare for the coming
recession. Hopefully, we have two years before it hits so there is time to put your
department in the best possible position to weather the recession.
The following topics will be covered:
• The planning scenario for the coming recession
• The importance of strategic relationships and positioning
• The type of reporting and analytics that will mitigate the reduction
• How to convert fixed expenses to variable expenses
• The benefits and disadvantages of different cost recovery strategies in a recession
• The role of governing boards, transparency and credibility

Check out the incredible speaker line-up to see who will be joining Dave.

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