Online training for supervisors
in Spanish

My goal with this Online Training for Supervisors in Spanish, soon to be available with English subtitles, is to assist companies in reducing unnecessary expenses, minimizing product wastage, optimizing time utilization, and alleviating the stress caused by operational challenges within your organization.

The stories and cases I will be presenting are based on real scenarios from some of my clients, with slight modifications to protect their privacy. In most of these cases, I aided in identifying and rectifying issues arising from inadequately trained Hispanic employees in leadership roles, resulting in annual savings of thousands, if not hundreds of thousands of dollars for these companies.

Today, I’d like to start by discussing the concept of “OPPORTUNITY COST.”

This principle applies both in our personal lives and in business. Whenever we invest our time in one activity, we forget the opportunity to engage in another, which comes at a cost or missed benefit.

To illustrate this concept, which many of you are likely familiar with, I’ll provide a couple of examples.

In my personal life, if I spend a couple of hours daily watching television, it may offer some benefits, such as relaxation and mental distraction. However, if those two hours were dedicated to learning a new language or enhancing productivity, the potential benefits would far outweigh those gained from TV watching.

This is the essence of opportunity cost – giving up something more valuable, like knowledge, income, pursuing more profitable projects, or dedicating time to more meaningful personal activities like spending time with family, engaging in sports, or supporting a passionate cause.

Here’s another example from my professional experience as a business consultant and leadership trainer:

Imagine a business owner or manager spending many hours each week dealing with an employee in a leadership role who creates conflicts and problems due to inadequate leadership skills. This time spent has a tangible cost, but what’s even more detrimental is that it diverts the owner’s attention from more lucrative projects.

Recently, a manager called me, revealing that he spends approximately five hours per week addressing conflicts and complaints caused by this supervisor.

Considering this person’s hourly cost of $60 and a conservative estimate of 50 workweeks in a year, the company spends over $15,000 annually dealing with this issue alone. This $15,000 could have been allocated to more profitable endeavors, and the opportunity cost could be much higher, as potential high-income projects are being sidelined.

The purpose of this exercise is to emphasize the importance of addressing these challenges when they are annualized. In such cases, investing in professional Online Training for Supervisors in Spanish and leadership development for problem-causing individuals may be a prudent choice.

If, after investing in leadership development, no positive change is observed, it may be necessary to consider replacing the individual with someone possessing the requisite leadership skills.

Typically, the cost of an Online Training for Supervisors in Spanish is significantly lower than the time spent on conflict resolution, especially when considering the lost profits or opportunities that arise due to these distractions.

My question to you is, if you are facing a similar situation, how much is your time costing the company annually while dealing with undertrained leaders? Moreover, what potentially lucrative projects are being deferred as a result?

If you’re interested in learning more about our Online Training for Supervisors in Spanish or our assessment tool to determine the costs and causes of issues within your company, I encourage you to get in touch with me.

Thank you for your attention.

Sincerely,

Eduardo Figueroa, MBA
President, Author & Leadership Trainer