IBGR.Network - PROFIT Radio. Everything a business owner needs to start, grow or exit a business. Come grow with us.
We are continuing to journey towards your success through Engaging Your People. I am looking forward to getting to know you and helping you achieve the goals that you have for your business. We have a great mix of Global businesses, small and large that listen in every week and add to our vibrant community. However it's worth noting that small businesses employ 57% of the planet's population and their needs are often overshadowed by the needs of Big Business in most countries or economies. So if you are finding your business in this situation, please reach out to us at IBGR. We are here to help improve your ability to succeed by focusing on you and your business.
You can always reach out at our version of a Chamber of Commerce. Join Up and gain access to our Hosts and access our library of best practices.
Have a great business week.
Today’s show is about Formal Training Programs for Job Demands, Career development, and Organisational Development, and why they are so vital to get right. Without them you lose many key people benefits in your business, and miss out on really achieving the success that you should. This is an often overlooked key piece of your people management toolkit, and should not be forgotten as the benefits it brings are huge.
Every business has some type of training need from onboarding, specific technical competencies, management, leadership, marketing, sales, communication etc.. Investments in talent development help to improve job satisfaction and retention by providing a path for personal and career development. At the same time having open, inclusive and supported training programs will help to improve the culture in your business, as they lead to staff feeling valued and recognised, which in turn spreads to their work ethic and motivation. To really capitalize on this in your business, you then need to take things to the next level, and also provide training programs around organisational development. When this occurs you have the opportunity to fully engage your people and really increase the potential of the success of your business.
As your company continues to grow or become even more efficient the need for formal training programs will increase. On the most basic level training programs help to equip your team with the tools that they need to succeed and provide a foundation for future leaders and managers within your organization.
However, I want your business to be the best that it can be, so to enable this we need to look deeper and capitalise on the entire people spectrum. Training programs should also be selected to help improve your culture and retain your staff. They should be more than enforced learning. In fact, only the technical job aspects should even be thought of this way. Your programs should branch out to also include organisational, humanistic and leadership based learning and development. When this happens they then tailor into the career development pathways that you have provided, and capture many more of your people. This leads to increased knowledge and expertise in YOUR business, and also improved morale, as your people feel valued and needed. Not overlooked. Allowing them to access non core training shows you are serious about their development and supporting their career goals.
This leads to an obvious uplift of skills for any business, but more importantly it starts to also improve your culture, nudging you towards the employer of choice space, rather than just another employer, or job. This is the best use of Formal training Programs, and how they can increase your staff retention and improve your culture, leading to great business success through fully engaging your people.
To remain competitive in this you must continue to invest in your people, not just your business.
To call in today and ask a question, please use
PIN: 923 652 223 1606#
More phone numbers
What You Need to Know
Effective training programs are crafted considering the values of the organization and the actual needs of your employees. Training for the sake of training will not move you closer to your goals. Training for the sake of training is like random physical exercise which may be beneficial but not as effective as a well thought out training regime. You need to capitalise by signaling to your employees that you value them and are willing to invest in their development.
Obviously workplace training is an effective way for organizations to increase productivity as well-trained employees can be more skilled in their jobs and less likely to make mistakes, resulting in greater efficiency and effectiveness. However, more importantly well trained employees are happier, understand, and can complete their work, and feel valued, and this leads directly to an improved culture. Great cultures can make a business, and take it to the next level of success.
Key Issues - Employee Perspective:
What You Need to Do
You need to have a strong focus on discovering just what your business and your people need, and then design programs or provide ones that support that. For your business to be the best it can be, these programs need to move beyond only covering today's technical skills, and provide more than soft skills. You need to look to the future and find training programs that meet your organisational development needs as well. When you do this, you not only future proof your business, but you also fully engage your people as you are giving them the opportunity to grow and succeed. This then all works together to give you the best possible outcomes.
Previous: Episode 5 S4 Why Can't I successfully Recruit?
Next: Episode 7 Developing your Character as an authentic leader who inspires trust, culture and innovation
Written by Lisa Askwith
Director of ApexBRS | ApexBRS, Regional Director of See Global Media, Chair of EGN Singapore, and Associate Professor Cambridge Corporate University | At the Age of Change, Global Executive MBA and BBA.
You can connect with Lisa on any of her platforms
LinkedIn Lisa Askwith - Director - Apex BRS
new choice for BUSINESS SEARCH
All IBGR Shows Notes are available for download