How Do You Develop A Training Strategy?
Training that counts Too often, training and its success in an organization is measured by the number of training sessions given and the number of people in the seats. This inadequately represents the value of training in an organization. Training needs to focus on improving the current performance in an organization, as well as ensuring that skill sets exist amongst employees for future competencies required by the organization’s strategy. Many points can be put forward in favor of why you need a training strategy. The most compelling though rests in the results of a recent study of 3,000 companies done by researchers at the University of Pennsylvania. They found that 10% of revenue – spent on capital improvements, boosts productivity by 3,9% spent on developing human capital, increased productivity by 8,5% Remember, A strategy designed but not implemented is worthless What is a Training Strategy? Why have a Training Strategy? How are Training Strategies Created?
