In the fluid business landscape, training and development is essential. Business leaders need to recognise the value in employee training and development – it might be seen as time-consuming or costly at first, but it ultimately builds a more engaged, competitive and productive workforce.
Training allows employees to acquire new skills, sharpen existing ones, increase productivity and grow into leaders. Companies are built on the success and abilities of their employees – both individually and collectively. Which is why forward-thinking businesses should do everything in their power to ensure they perform at their peak. Here’s why training and developing employees is a must:
It goes without saying an employee who receives the necessary training is better equipped to perform their necessary functions. They become aware of basic organisational practices, procedures and role responsibilities. This builds confidence because they gain a clearer understanding of their environment and exactly what’s expected of them. It also allows them to put structured goals in place – and gives them the tools to actively pursue them.
A training program gives employees the insight they need to strengthen skills that need improvement. This can go a long way in quickly shining a light on weak links in an organisation who rely on others to complete tasks. Everyone should have the knowledge to take over for another team member when needed – and work independently without supervision.
Employees who are given training and development by their employer have a significant advantage over employees who are left to seek training in their own time, with their own money.
Investment in training shows employees they’re valued – it creates a supportive workplace. Employees who feel appreciated and challenged through training opportunities also generally have more job satisfaction – and are likely to stay with a company for a longer period of time. This minimises staff turnover and boosts morale.
How to get it right
The biggest challenge in training and developing a team is understanding. As a manager, you need to understand and appreciate every individual’s skill sets and do your best to tailor training processes for the individual (as far as possible).
It’s also about clear communication and training on how best to work as a unit – what’s the purpose of the team and the common objective? Teams disagree but need to be able to work together to achieve goals. It gives the team a strategic top-level view of what’s happening – so they’re not just relegated to the trenches.
Training expands the knowledge of all employees and nurtures confident, happy people. It provides both the company as a whole – and employees – with benefits that make the cost and time a worthwhile investment.