Assume you are a director of training and development in a small organization. In order to reduce expenses, the company president has decided to cut the training budget in half and reduce the amount of training provided to employees. The presi- dent has asked to meet with you to discuss these plans. Your job is to prepare a short presentation to persuade the president to change his or her mind. What will you say and what can you do to convince the president of the importance of and need for more, not less, training and development?