As someone who has been involved in coaching and training for the last 15 years, I continue to be frustrated when managers say "we haven't got time for training, we are just too busy". On the contrary, this is the best time to provide your staff with targeted support.
Research has shown the benefits of training; it increases knowledge & awareness, provides support, engages teams, creates enthusiasm, regenerates energy, the benefits are endless. Providing this kind of support, along with the half reward & reward goal setting (rather than the carrot & stick approach) will reap benefits during the busiest of times.
Studies have also shown the value in aligning training with the strategic goals of the organisation rather than an adhoc mish-mash approach such as a knee jerk reaction to a single event or providing training simply to add variety hoping that it will keep employees engaged and enthused.