Written by Dave Robson on Friday June 25, 2021
Many employers all over the world recognise the value of ICA qualifications in increasing the confidence and ability of their staff and indeed ICA Diplomas are often listed as pre-requisites for new compliance and AML roles. However, sometimes when training budgets are stretched, you may need to put a business case together for further study.
Using terminology that will resonate with senior management, here are five reasons that may help convince them to fund your course:
ICA qualifications are essentially centred around risk mitigation: legal, criminal, reputational – they all have huge impacts. Unless your organisation has a grasp of these risks, it can’t respond appropriately. And any risk they are unaware of, they have tacitly accepted.
What you learn now could save your organisation thousands later, both in real costs and resources. Prevention is invariably better than detection. Be proactive rather than reactive.
If you understand the risks, you can make an informed choice about how your organisation should respond. And then beat the crowd. Your organisation’s reputation will be enhanced and doors will open, increasing the potential for new clients.
ICA qualifications don’t just train you in academic concepts and international frameworks, they empower you to perform better by taking a practical approach to real life issues that you encounter in your day-to-day role. You will learn best practice and gain knowledge from other like-minded professionals on your course.
By investing in you, your employer shows commitment to the ongoing development and professionalisation of its staff – making it an employer of choice. And a motivated and empowered workforce aids staff retention. Furthermore, a development programme that incorporates external, professional qualifications should also impress their audit teams and regulators.
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