As we approach the Thanksgiving holiday, we thought it would be a fun exercise to look at some of the top reasons why we should be thankful for corporate training and, by extension, training professionals. It can be easy to sometimes forget about training as we become absorbed in daily operations and focused on getting the job done. However, training offers multiple benefits to an organization and should always be a top priority for companies dedicated to hiring and retaining the best people, and staying ahead of the competition. With that in mind, here are five reasons to be thankful for corporate training:
- Training leads to better employee engagement. Studies show that employees are highly motivated by the opportunity to learn new skills that make them more valuable to their employers and create opportunities for promotion. Training provides the base of knowledge for employees to not only excel in the job they currently have, but provides the foundation for them to advance their career. Studies also confirm that when employees are disengaged, they exhibit signs of frustration and can be disruptive to other members of the workforce.
- Training drives consistency and reliability. Consistency can be the difference between success and failure in mission critical environments. From an oil rig in the Gulf to a service bay in Ohio to an emergency room in New York City, the teams that staff these critical posts rely on high consequence training to reduce variability and increase consistency in order to be successful. Training also drives consistency across an enterprise that is widely dispersed geographically.
- Training elevates the skill level of management teams, which elevates productivity. Good management is the key to a more productive workforce. Well trained managers boost morale, and improved morale boosts retention and productivity. Leaving managers, especially mid level ones, to muddle their way through can affect a company’s bottom line. There is no single skill set that guarantees management success but the inability to engage with employees or make critical decisions under duress is a fatal flaw – especially in high consequence environments.
- Training distinguishes your organization from the competition. Nothing sets an organization apart quite like its people. An investment in employee training leads to increased employee efficacy which delivers ROI in areas such as customer satisfaction. This has a direct correlation to an organization’s ability to advance and capture market share.
- Training helps to set the corporate culture. Successful organizations have many important traits in common, and one of them is their constant drive to do better. Investments in training help to set a corporate culture focused on innovation and improvement and look for ways to make each day a series of teachable moments. When employees have continuous access to training resources such as web-based, mobile and on-demand training tools, organizations will experience the benefits of a more educated and motivated workforce.
Have other reasons to be thankful for training? We’d love to hear from you!
Happy Thanksgiving from all of us at RPS!