8
Employee Training The value of training to a business

Employee Training The value of training to a business

Embed Size (px)

Citation preview

Page 1: Employee Training The value of training to a business

Employee Training

The value of training to a business

Page 2: 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.

Page 3: Employee Training The value of training to a business

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.

Page 4: Employee Training The value of training to a business

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.

Page 5: Employee Training The value of training to a business

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.

Page 6: Employee Training The value of training to a business

Other considerations

• Improved efficiency through:

• Reduced wastage• Lean manufacturing• Improved use of employee time• Increased profits• Staff moral – being valued• Staff retention

Page 7: Employee Training The value of training to a business

• Transferability of skills

• Company loyalty

• Credibility with customers and employees

• Promotion and Image

• Investing in people

Page 8: Employee Training The value of training to a business

Any Questions?