Employee Training For Strategic Advantage

We’ve all been there-everyone is being asked to do more with less. Fewer employees, less budget, and less time. It’s a common story especially in this economy. So how do I fit training into an already stretched budget and workforce?

Training is one of those things that everyone agrees is important, but few of us really take the time to invest in. Much like saving money, we all think it is a good idea, but few of us are actually doing it. Let’s look at the importance of make training a strategic advantage for your Organization.

What Strategic Advantages are created through Training?

Differentiation

 

  • Improved customer satisfaction results when interacting with well-trained employees-informed and confident.
  • Higher job satisfaction is achieved for employees who have the knowledge and tools to do their jobs.

 

Cost Leadership

 

  • Efficiencies are created by training delivered through use of modern technologies such as webinars and online courses.
  • New technologies are used to reduce Organizational training costs and promote collaborative learning.

 

Productivity

 

  • Job knowledge and communication of best practices can be increased.
  • Less time is wasted by doing things “the wrong way.”
  • Flexibility within the Organization is boosted by enlarging the pool of trained employees.

 

What other trends do I need to be award of for my Organization? Grant recipients should prepare for the greatest knowledge transfer in the history of world starting to take place. online training compliance

The Incredible Shrinking Knowledge Base

According to the Congressional Research Service, 76 million baby-boomers will enter their retirement years over the next few years. This demographic shift will drive an unprecedented need to transfer knowledge from one group of workers to another. Organizations need to plan for this or be left behind strategically.

Ever make a copy of a copy? Notice how each copy loses a bit of quality in the process? Training in most Organizations is like this. Each person trains the next person, and each subsequent training session leaves out a little bit. Without an active training process and training materials to ensure a core base of knowledge, each new employee will start with just a portion of the knowledge that the past employees brought to the Organization. Organizations need to plan for this need or be left behind strategically.

 

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