Training is often undervalued, under-prioritized and one of the first expenses to be cut when times get tough. Despite the cost of training the return on investment for employees and business is known to be immense.
The cost of training must be perceived as an investment, and the prioritizing of training must be driven by management into all sectors of an organization.
Training is vital for sustainable business growth and success. Organizations go through lengthy processes to recruit qualified and suitable employees, but often the emphasis on skill stops there, with some business leaders disregarding the importance of developing their employees and nurturing their potential.
Over the past couple of years, the world of work has seen significant disruption and change, with the impact of the COVID-19 pandemic. Employees have been expected to change and adapt to new digital technology at an accelerated rate, with little or no training.
Businesses spend huge amounts of money on technology and very little by comparison on training staff how to use the technology. What is the point in spending a vast amount of money on technology and software, if staff can’t use it effectively?
Staff morale takes a hammering and employee confidence, and loyalty is replaced with frustration, thoughts of leaving the organization.