Top 5 Financial Benefits of CPD Accreditation
Find out how CPD accreditation can add significant value to your organisation.
Many organisations from a range of different industry sectors use CPD accreditation to add value to their training courses, workshops and events. There is an increasing expectation for professionals to undertake Continuing Professional Development regardless of industry sector, career level, job role and responsibilities. There are over 1000 institutes & professional bodies across the UK, a number that is forecast to increase.
Top 5 Financial Benefits of CPD Accreditation
Accompanied by such growth is the acceptance that academic qualifications must offer more vocational and skills-based or ‘practical’ learning. A structured, practical and methodical approach to learning helps employers across industries to keep key staff, and develop the skills & knowledge in their organisations to maintain a sustainable and competitive advantage.
CPD accreditation helps people see that your training courses, workshops and events reach a recognised standard of educational value. Gaining industry-recognised accreditation helps organisations formalise knowledge into a standardised approach to learning. This article provides the top 5 financial benefits of CPD accreditation and becoming a recognised accredited provider of Continuing Professional Development.
Financial Benefit 1
Meet more of the right audience, increase training bookings and event attendance. One of the main reasons organisations look to obtain CPD accreditation for training courses and events is to increase delegate bookings.
The CPD accreditation process provides increased appeal to an organisations proposition, and naturally helps to further develop new & existing client relationships. Gaining accreditation for training courses provides endorsement for your organisation and greater profile recognition through the further care taken to ensure learning activities meet the industry- recognised standards.
Financial Benefit 2
Present knowledge as industry experts and distinguish from competitors. CPD accreditation enables organisations to create discernible competitive advantage from others within their market. Taking that extra step to represent yourself as industry experts within the field increases the chances to meet more of right target audience.
Create new business opportunities with a professionally packaged way to display your industry expertise to obtain new clients and additional revenue opportunities. Organisations look to obtain CPD accreditation for training courses, seminars, presentations, e-learning and events in order to improve credibility through an industry-wide recognised quality bench-marking framework.
Financial Benefit 3
Provide recognised learning to delegates and support individual CPD obligations. Engaging in Continuing Professional Development ensures that both academic and practical qualifications do not become out-dated or obsolete; allowing individuals to continually ‘up skill’ or ‘re-skill’ themselves, regardless of occupation, age or educational level.
Continuing Professional Development is essential in helping individuals, organisations or entire industries to keep skills and knowledge up to date. Providing CPD enables organisations to become a knowledge bank to key stakeholders of your organisation. CPD accredited training courses, workshops and events allow professionals to use the learning time towards individual CPD requirements.