Productivity usually increases when a company implements training courses.
Training across the workforce, from the shop floor to executive level improves:
- Competitiveness
- Morale
- Profitability
- Customer satisfaction
It can also lead to reductions in:
- Inefficient use of time and materials
- Workplace accidents
- Equipment maintenance costs
- Staff turnover and absenteeism
- Recruitment expenses
Training also makes a company more attractive to potential new recruits who seek to improve their skills and the opportunities.
The lack of a training strategy to a potential top candidate suggests that the company will fail to meet his or her own aspirations, leading to a lack of ambitious candidates.
A training strategy involves the systematic training and improvement of people within the organisation so they and the company can achieve their goals.
Key training components include:
- Objectives
- Team building
- Team development
- Leadership development
- Coaching
Training can be of any kind relevant to the work or responsibilities of the individual and can be delivered by any appropriate method.
Training could include:
- On-the-job learning
- Mentoring schemes
- In-house training
- Individual study
Overall training is a win win solution, the key is sourcing a reputable local training company to deliver the results.
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