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8 Strategies to Boost Your Business with Employee Training and Development

11 Jan
by Suzie Business Owner & Senior HRBP
  1. Invest for Impact: Did you know that organisations investing in learning and development witness a staggering 218% higher income per employee and 24% higher profit margins?
  2. Cultivate a Learning Culture: Employee training isn’t a luxury; it’s a fundamental business activity. Companies cutting it from their budget risk costly consequences. By making learning an integral part of your company culture, you not only retain loyal employees but also enhance their skills and knowledge base.
  3. Managerial Support for Growth: Don’t dismiss employee development due to cost concerns or fear of losing talent. Neglecting growth opportunities can lead to talent loss. Managers should actively encourage and support employee development, showing that the company values and invests in their career advancement.
  4. Unlearn for Excellence: Directives won’t foster change. Acknowledge the importance of unlearning old habits for lasting transformation. Allot time for practice to significantly enhance employee performance. Remember, improved individual performance translates into a better bottom line.
  5. Embrace Curiosity for Innovation: Break free from the shackles of the status quo. Foster an open-minded culture that encourages curiosity and a willingness to innovate. Businesses and individuals alike must be ready to ‘break things’ occasionally, as this is often the key to unlocking growth and success.
  6. Team Building through Training: Strengthen your teams by investing in proper training. Effective teams are built on a foundation of shared knowledge and skills. Ensure that your employees receive the training they need to collaborate seamlessly and achieve collective goals.
  7. Empower Self-Directed Learning: Provide employees with the tools and methodology to manage their own learning journey. This includes setting clear expectations, goal setting, regular check-ins, and performance management. Empowering employees to take control of their learning fosters a sense of responsibility and autonomy. ⭐(Our DevelopME platform delivers this).
  8. Priority on Learning for Positive Outcomes: As we step into the new year, the emphasis on continuous learning becomes paramount. Making learning a priority and ingraining it into the organisational culture leads to increased productivity and overall success.

By incorporating these strategies, your business can not only survive but thrive in the ever-evolving market, ensuring a prosperous and innovative future.

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