“Without training it is impossible to survive long-term”
Sharad Mahindra, VP Sales JSW Steel
As if you didn’t need reminding, it’s now a
tougher market place for most businesses and potentially things
could get worse. This is reflected in companies looking for
efficiencies to improve what little profit they earn on a shrinking
turnover. Unfortunately, training is generally the first to
feel the pinch of corporate belt-tightening.
However, this is exactly the time when
businesses should pay special attention to investing in key members
of their workforce, to ensure their enterprise stands out from the
competition. Indeed a recent Global Productivity Report found that
increasingly skills are seen a priority by employers, with over 80%
saying they planned to focus on improving productivity by investing
in employee skills development and training over the next 12
months.
Why bother with training
now?
- Providing employees with well
structured and inspiring training will enhance their feelings of
being highly valued and secure in their role.
- Training motivates people by arming
them with the skills and tools to be successful in tough market
conditions.
- This in turn energises the people and
the business, as employees who feel fully appreciated are proven to
be more productive.
- You stand a better chance of improving
their (and their company’s) performance by providing a motivational
event which focuses on developing their skills.
- Don’t just demand more - help your
staff to help your business.
What do you need to
consider?
- Firstly, decide on which employee to
invest in. You could “blanket train” the entire team, but why
not concentrate on the people who have the potential to make a
difference in the market and perhaps more importantly: influence
the behaviour of those struggling to make the grade?
- Secondly, develop a process whereby
these people can transfer their newly-acquired skills and knowledge
to other members of the team.
- Finally, make sure the training links
to your business objectives so that the training achieves the
maximum return on your investment.
Act now to ensure you maintain your
competitive edge call 01189 123 456 or email enquiries@globalknowledge.co.uk
to find out how Global Knowledge can keep you ahead of your
competitors.