Training

 

“An organization’s ability to learn, and translate that learning into action rapidly is the ultimate competitive advantage.” — Jack Welch

“The only thing worse than training your employees and having them leave is not training them and having them stay.” — Henry Ford

“Learning can emerge as spontaneous order at the edge of chaos.” — Sugata Mitra

Training is the process of improving knowledge, skill or attitude of a person so as to enhance his/ her performance.

Businessdirectory.com defines training as organized activity aimed at imparting information and/or instructions to improve the recipient's performance or to help him or her attain a required level of knowledge or skill.

In this VUCA (volatile, uncertain, complex and ambiguous) world, training is a sine qua non and can literally make or break companies. Still, it is not accorded its due importance. Training creates lot of value not only for the organisation but also for the employees. Through training the employees are able to learn new skills, sharpen the existing ones, and become more effective and efficient and also better leaders. If the employees are able to give their peak performance, the organisation benefits and goes to next higher level. Organisation must invest in training as benefits which accrue to organisations and employees far outweigh the cost of training.

Advantages of training:

For the organisation:

  1. With the improved productivity and effectiveness, the profit of the organisation goes up.
  2. There is standardisation of procedures through proper training.
  3. There is reduced employee turnover as the employee feel that organisation is taking care of their development.
  4. There are deeper succession pipelines.
  5. There is increased innovation in strategies, processes and products.
  6. The image of the organisation gets a boost.
  7. Training helps in creating a talent pool.
  8. Employees’ hidden potential gets uncovered.
  9. Systematic training helps in reducing the learning time for the employees.
  10. Training helps in instilling the sense of team spirit.
  11. It also helps in optimum utilisation of resources.

For the individual:

  1. There is increased job satisfaction and morale of the employees goes up.
  2. The employees feel motivated.
  3. The engagement of the employees increases.
  4. Employees become more productive and effective.
  5. Employees become more self –driven allowing supervisors and management to focus on more critical areas.
  6. Employees’ weaknesses get addressed.

 

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