Elevator
Speech
Your insight
to training within your organization is quite interesting. Incorporating training into the
organizational environment is a worthwhile investment strategy. According to
Noe, training can help a company to gain competitive advantage. I invite you to consider the following
aspects of business that are affected by training: investors, employees, and customers.
1.
For
investors, training demonstrates a commitment to your organization’s mission
because it involves developing marketable skills that will help to generate
more income. More skillfully trained
employees influence the amount and degree of competitiveness of organizational
products.
2.
For
employees, training demonstrates a commitment to including them in the
company’s vision. This, in turn
reaffirms the employees’ confidence and encourages loyalty to the organization. Top management believes that the largest
benefit of learning is that employees have opportunities to network, creating
more knowledge, reinforcing continuous learning, and creating committed
employees (Noe, 2010).
3.
For customers, training and development
activities demonstrate the organization’s commitment to producing quality
products.
Thanks for
your time.
Jackie,
ReplyDeleteI agree that investors will ultimately benefit from training even though they may have to chip in at the onset. The employee who is better trained will provide a higher level output than one who has low training. To remain competitive and to have an improved ROI, It is advisable for investor to view investment in staff development as a strategic investment.
You make a certainly good business case for training.
Jackie,
ReplyDeleteI was unable to locate your audio file. I really liked your approach of looking at training from the perspective of the investor, employee and the customer. Very often the views of the investors are not considered when the training is developed. You make a very good point that skillfully trained employees influence the amount and degree of competitiveness of the organizations product and hence profit. You also made a very good point regarding the value of training to the customer.
Mike