Today we’re talking about one of the best ways to cut costs and improve productivity, a solution so simple, yet most companies never think of it.
What is it? Corporate training! Odds are your company needs it.
Many smaller companies and organizations—and, truth be told, some bigger ones—don’t have a strong grasp on human resources. People are the most important asset a company can have, and when you support your employees with custom corporate training programs, you’ll be sure to get the most out of your people.
Unfortunately, instead of nurturing talent and maximizing their existing in-house potential, most companies look to the outside, conducting convoluted hiring processes with up to hundreds of applicants and dozens of interviews for each position. That wastes time and money that can be better spent elsewhere, and it says nothing of all the opportunities you’re leaving on the table.
Here are some more reasons why you should take another look at your corporate training.
Let's be real: hiring that next great employee costs real money. They may know how to do what you hired them for, but they still need time to get up to speed on how you do things. By training new and existing employees more effectively, you can reduce the time that it takes for anyone to get up to speed, and that makes for a better and more efficient workplace at the end of the day.
Employees that are trained on company culture and what to expect in their roles and departments are often more engaged than employees that may shadow another worker for a few days only to be left to fend for themselves and the demands of their bosses. Over the long run, corporate training gets new hires and long-term employees all on the same page, which is great for improving efficiency and leveling the playing field for all.
When workers feel more secure and involved in the workplace, they tend to work harder and give more to the company that helps make it all happen. Corporate training helps employees meet the demands of their roles, as well as the expectations of coworkers so that they can spend more time on initiatives that truly impact the bottom line.
There are numerous learning tools and services that are available today to enhance corporate learning experiences. L&D Managers at every organization must understand learner needs and preferences to best align training with business goals using the plethora of available options. Whether you choose custom content development or deliver through a learning platform, or use a variety of learning modes, take time to consider how you want to move from Point A to Point B in your employees’ learning journey.
Here is an overview that can help you get started. Contact us for more information.