The Importance of Training and Development in The Workplace: Training Isn't Just Important To Any Company, It Is Vital

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The Importance of Training and

Development in the Workplace


Training isn’t just important to any company, it is vital.

Although there are many categories of training such as


management training and or sales training, employees with
Project Management skills are an important asset to any
organisation.

But what does training and development, mean to your


organisation?

Training presents a prime opportunity to expand the knowledge


base of all employees, but many employers in the current
climate find development opportunities expensive. Employees
attending training sessions also miss out on work time which
may delay the completion of projects. However despite these
potential drawbacks, training and development provides both
the individual and organisations as a whole with benefits that
make the cost and time a worthwhile investment. The return on
investment from training and development of employees is
really a no brainer.

So what are the benefits?

Improved employee performance – the employee who


receives the necessary training is more able to perform in their
job. The training will give the employee a greater understanding
of their responsibilities within their role, and in turn build their
confidence. This confidence will enhance their overall
performance and this can only benefit the company. Employees
who are competent and on top of changing industry standards
help your company hold a position as a leader and strong
competitor within the industry.

Improved employee satisfaction and morale – the


investment in training that a company makes shows employees
that they are valued. The training creates a supportive
workplace. Employees may gain access to training they
wouldn’t have otherwise known about or sought out themselves.
Employees who feel appreciated and challenged through
training opportunities may feel more satisfaction toward their
jobs.

Addressing weaknesses – Most employees will have some


weaknesses in their workplace skills. A training program allows
you to strengthen those skills that each employee needs to
improve. A development program brings all employees to a
higher level so they all have similar skills and knowledge. This
helps reduce any weak links within the company who rely
heavily on others to complete basic work tasks. Providing the
necessary training creates an overall knowledgeable staff with
employees who can take over for one another as needed, work
on teams or work independently without constant help and
supervision from others.

Consistency – A robust training and development program


ensures that employees have a consistent experience and
background knowledge. The consistency is particularly relevant
for the company’s basic policies and procedures. All employees
need to be aware of the expectations and procedures within the
company. Increased efficiencies in processes results in financial
gain for the company.
Increased productivity and adherence to quality
standards – Productivity usually increases when a company
implements training courses. Increased efficiency in processes
will ensure project success which in turn will improve the
company turnover and potential market share.

Increased innovation in new strategies and products –


Ongoing training and upskilling of the workforce can encourage
creativity. New ideas can be formed as a direct result of training
and development.

Reduced employee turnover – staff are more likely to feel


valued if they are invested in and therefore, less likely to
change employers. Training and development is seen as an
additional company benefit. Recruitment costs therefore go
down due to staff retention.

Enhances company reputation and profile – Having a strong


and successful training strategy helps to develop your employer
brand and make your company a prime consideration for
graduates and mid-career changes. Training also makes a
company more attractive to potential new recruits who seek to
improve their skills and the opportunities associated with those
new skills.
Training can be of any kind relevant to the work or
responsibilities of the individual, and can be delivered by any
appropriate method.

For example, it could include:

 On-the-job learning
 Mentoring schemes
 In-house training
 Individual study

Blended learning is becoming more and more popular and as


a company we have seen a definite increase in this method of
training over the last year. Blended Learning is the effective
combination of online learning and classroom learning. Many of
20|20’s clients prefer their staff to learn on-site rather than
attend off-site training programmes – especially in industries
like oil and gas where it is often very impractical to attend off-
site courses. On-site learning programmes like the blended
learning approach, allow 20|20 to train more people working
across a larger international footprint than just the UK. This
makes it much more cost-effective and allows for greater
process consistency.

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