Corporate Training and it’s Competitive Edge to Organization
“For the best return on your money, pour your purse into your head.”
― Benjamin Franklin
Organizations want employees must be engaged with their mission, values and vision and have the skills needed to improve performance. Updating employees’ skills and preparing them for career advancement not only provides a better trained and more productive work force. It also generates higher employee satisfaction and retention.
The fast-paced and ever changing corporate world needs training and development programs to keep up with different challenges. The 100 best companies of Fortune 500 are committed to employee development as a top strategic priority. Employees are considered to be the most valuable asset of a company and investing in their training further enhances their capabilities and productivity.
Many corporate training functions are using certifications in addition to their corporate training programs to drive performance improvement and standards in real-world workplace situations. In-house training require both completed coursework and a demonstration of competency that is measured against pre-determined metrics. Corporate training allow employees to achieve recognition for validated proficiency and expertise in achieving business results.
Formal classroom training is just one way to meet the skills gap. With an explosive growth in technology tools to train people today, the best corporate training programs provide multiple ways people can consume training, both formal and informal. Collaborative platforms, self-authored video, MOOCs, mobile and blended learning options are all becoming accepted corporate training tools. While skills gaps continue to challenge companies, an increased investment in company training programs is good for everyone: employees, businesses and new hires.
The importance of training and development to ensure successful business continuity. There is a myriad of benefits that companies enjoy by incorporating training and development in their strategic plans, some are more obvious than others: Sales and product knowledge training leads to increased revenue and market share, service training leads to better customer service experience and brand loyalty, innovation training generates new ways of thinking, potentially leading to new products and services.
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