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Employee Training
The value of training to a business
The value of training to a business
• Training must add value to the business – measurement / KPI’s. It must be relevant & targeted.
• Training provides a more motivated and responsive workforce.
• Mindset change i.e. training is an integral part of the working environment.
• The company that provides training is investing in both its workforce and its future.
The value of training to a business
• Transparency – in a bidding process, training to recognised standards can help secure contracts.
• Workforce has increased skills level and awareness of latest developments.
• On-going relations and dialogue between Education and Business ensures a relevant flow of ideas and increased awareness to benefit both parties.
• Training enhances flexibility of the workforce, enabling the Business to be more flexible and responsive to changing market conditions.
The value of training to a business
• A more multi skilled workforce is adaptable to change.
• Business can use the Education / Training provider as a resource in terms of best practice and on a consultancy basis.
• If a business adopts a long term partnership strategy with an organisation they are able to develop specific training solutions based on their requirements rather than generic solutions.
The value of training to a business
• The market place is changing, organisations must be more responsive and adaptable, they must have a perception of quality and internal investment in both staff and product if they are to compete.
• The marketplace is now a multinational environment at all levels. If a business is to succeed they must match / exceed their competitors both nationally and internationally or they will not survive.
• Training is not an option for a business, it’s a necessity if they are to remain competitive.
Other considerations
• Improved efficiency through:
• Reduced wastage• Lean manufacturing• Improved use of employee time• Increased profits• Staff moral – being valued• Staff retention
• Transferability of skills
• Company loyalty
• Credibility with customers and employees
• Promotion and Image
• Investing in people
Any Questions?