Corporate Training: Why is is so important for success?

Corporate Training: Why is is so important for success?

When it comes to our jobs, we all need training on some level, right? Whether we are just starting out as a new hire or whether we’ve worked in the same job for years but our role changing, we can all benefit from training that gives us the knowledge and skills to do our jobs effectively.

Outlined below are some of the reasons why many organizations are committed to training employees as part of a long-term success strategy, why you should invest in training and why choosing the right type of training is crucial.

Corporate Training is on the rise!

A 2013 Bersin by Deloitte research confirmed that US training organizations grew their spending by 12% in 2012. Despite the need to cut costs where they can, many organizations cannot ignore three key issues that call for training:

  • Skilled workers are hard to find
  • Jobs have become highly specialized and even highly skilled professionals need to reinvent themselves
  • Educational institutes are not producing graduates who are immediately ready for the workplace

Corporate Training: Why you should invest

  • Happy employees make productive employees

Through corporate training organizations provide employees with an opportunity to develop on role-specific skills, encourage improvement and tap into their potential. This often has the result of employees finding new confidence, becoming more reliable and more loyal to their employer and its goals.

  • Reduces costs and improves employee retention

If employees are trained well from the beginning and are given training when needed throughout their time in a role, they are much more likely to perform consistently and add value in the organization. Furthermore, they are less likely to want to leave as they have sufficent knowledge and confidence to do their jobs effectively.

  • Helps develop performance and leadership culture

Organizations can use corporate training as a platform that encourages change and improvement. What is often the defining reason for success in any business is the behaviour and attitudes of its people. Effective training can empower employees and motivates them to continuously improve themselves and perform better.

Methods of Training – Choose Carefully!

The method of training used to develop your workforce is essential to the success of success of your business. The training must suit your worker audience and target specific areas of improvement in line with your business strategy.

Below is a list of several of the most popular and effective methods of training:

Classroom training or face-to-face training has always and remains a very popular and powerful form of training. Many people argue that no amount of technology can replace human interaction where learners get to engage with their trainer, ask questions and get answers and feedback in real time.

ELearning is also very popular, particularly in the corporate world.If you choose elearning and your course is designed well, it can be a real winner in terms of the performance impact it has on learners. It can also often be a more convenient, cost effective and enjoyable form of training.

Mobile learning is essentially a new form of elearning. It is not often used as a standalone training curriculum but is proving very popular and useful among the world’s corporations to support classroom or elearning modules. It is particularly useful for organizations that employ a large number of mobile workers who can access their training when they need to in any location.

Blended learning is often the best choice. Bringing two or more training types together to develop a training blend can prove more successful as learners get the best of different training types that are each proven to work well.

Employee training programs cost money that employers might be reluctant to spend ─ especially in tough economic times. The reality however is that money spent on training employees well can benefit a company in many ways for years. The benefits come in the form of increased efficiency and productivity; less downtime or complete breakdown of systems; less reliance on high priced outside consultants to resolve issues, as well as a decrease in insurance liabilities due to accidents on the job.

So build your business training program and choose the right training partner, one who understands how to align your employee’s development with your business goals, even if it means investing a little more time and money!

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