Are You Neglecting Your Professional Development?

“An investment in knowledge always pays the best interest.” ―Benjamin Franklin

I’ve heard from colleagues in project management that they don’t have access to professional development opportunities to help them improve and increase their capabilities. That led me to do some research. I found Training magazine's Training Industry Report, which is recognized as the training industry’s most trusted source of data on budgets, staffing and programs in the United States. It found that U.S. companies spent over US$90 billion on training and development activities in 2017, which represents a year-over-year increase of 32.5 percent. 

With that information on hand, I took the opportunity to ask my colleagues if the companies they work for are among the organizations spending money on training and professional development.

Some of them were fortunate to work for companies with professional development budgets, but they didn’t take the training due to their workload or personal reasons. In other words, the opportunity was there but it was neglected.

For those who worked for companies without professional development dollars, their main complaint was that the company did not appreciate them and the opportunities to develop more capabilities were so limited.

I asked them: Who takes charge of your professional development? You, or the company you work for? Many of them responded that the responsibility fell to the company they work for, because training would help create a more competitive workforce, increased employee retention and higher employee engagement. I agree on all the benefits the company would get, but ultimately the individual is responsible for their professional development.

I have worked for both types of companies. In the ones with development budgets, I saw former colleagues neglecting opportunities because “they did not have time,” they did not like to travel or simply because they felt it was not needed. In the ones without budgets, I heard the same claims mentioned above.

While working for the latter type of company, I took ownership of my professional development. Instead of seeing roadblocks, I saw opportunities, which led me to do the following:

• Attend conferences. When I found out the company wouldn’t pay for the conferences I wanted to attend, I explored three options:

1. Submit a paper. In many cases guest speakers do not have to pay the registration fee, or the fee might be reduced. This has to be done ahead of time during the call-for-papers period.
2. Volunteer to support the event. Volunteers are assigned to different tasks before, during or after the event, but they are allowed to attend the conference while they are not on duty.
3. Find other ways to save. If options one and two did not work and I saw the value of attending the conference, I looked for early-bird registration or contacted sponsors to see if they would share a discount code to avoid paying the full registration fee.

• Get stretch assignments. I was looking to learn more about the company and expand my knowledge outside project management, so I looked for an assignment on the business side that would challenge me.
• Be a volunteer. This gave me the opportunity to give back to my community and support local chapters of professional organizations like PMI. I was able to attend chapter events, such as professional development days or chapter dinners, free of charge, and they helped me discover how to improve my project management capabilities. 

So do not solely hold the company you work for responsible for your growth. Take charge of your professional development. After all, if you do not invest in yourself, nobody will.

How do you take charge of your own professional development?