Garnering CFO Support for Leveraging Your BRM Capability

Posted | Category: BRM Capability, Professional Development | Contributed

As we approach the end of the year, the promise of a new year brings with it the opportunity to reflect on our professional journeys and consider how we can enhance our skills and knowledge in the year ahead. And what better way to do so than by making the most of your company’s professional development budget? With unspent funds often left unused, it’s crucial to understand how to effectively request and leverage these resources for your own growth and development. 

Not only do unspent budget dollars commonly get lost toward the end of the year, financial planners will be vigilant for any reason they can make a few cuts next year- and unused budgets are the perfect candidates.

What if unspent budget could be applied to something essential? Like your professional development!  

Join us for an insightful webinar,

Garnering CFO Support for Leveraging Your BRM Capability,” presented by BRM Institute’s Director of Finance: Amy Moses. Happening on November 15, 2023, at 12:00 pm EST. 

Now is your opportunity to equip yourself with actionable strategies to unlock your future professional development. 

BRMConnect Virtual Day 1

Set Clear Goals:

Before making a request, it’s essential to have a clear understanding of your professional development goals. By defining these goals, you can articulate how specific opportunities align with your aspirations, such as attending a conference or getting a certification or credential.

Craft a Compelling Pitch:

 Create a persuasive pitch that highlights the potential benefits of your proposed professional development opportunity. Effectively conveying the value to both yourself and the organization will significantly increase the likelihood of gaining support from your CFO. Leadership wants to support you, be authentic and give them a clear understanding of what and why you’re asking.

Elevate the Request:

 Emphasize the importance of the meeting with your CFO and position it as a proactive step toward personal and company growth. By showcasing your commitment to continuous improvement and demonstrating your foresight, you’ll enhance your chances of securing the resources you need.

Showcase Tangible ROI

Clearly communicate the potential impact that your increased skills and knowledge will have on the organization. By showcasing the return on investment (ROI) of your professional development, you’ll further solidify the value proposition of your request. Investing training and development into employees only benefits the organization in the long term.

Don’t be afraid to reach out to the BRM Institute team, we’re here to help you gain backing and can offer a wealth of tools like the BRMConnect Conference Customizable Justification Letter.

Gratitude & Follow-Up:

Regardless of the outcome, express your gratitude for the opportunity to discuss your professional development. Maintaining open lines of communication with your CFO and leadership team, and keeping them updated on your progress, will foster ongoing support and potentially unlock additional opportunities in the future.

Remember, investing in your own growth is not just beneficial for your career; it also powers the advancement of your organization. By effectively articulating your request, you can harness your company’s professional development budget to fuel your development and contribute to your organization’s overall progress. 

Don’t be afraid to ask – your growth benefits everyone. 

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