The world around us is rapidly changing and developing each day, with new technology at the forefront of innovation. These changes have had a significant impact on industries around the world, forcing those who work within them to change as well. There are several ways for leadership to ensure that their company is able to keep up with this pace of advancement, the most effective being learning and development programming. Dedicating more time and resources to properly training employees will equip them for both everyday and future challenges.
The most noteworthy benefits to employing custom training modules is that they enhance employee skills, expand employee knowledge bases, and can improve bottom-line profits. In fact, studies have shown that nearly 80% of employees are more likely to stay with a company that offers continuous training. Despite these clear benefits, over 60% of leaders have been found to not be fully ready to respond to new technology and talent challenges.
Times are changing, and more and more business leaders are looking to close this gap and improve their workforce from the inside out through skills based training. Furthermore, utilizing custom training is the clear path to ensuring success against these modern challenges. The top trainings on the market are developed using real market research, and are cost effective. This means that the content is relevant and applicable, but does not have to break the budget for companies of all sizes. In addition, these training courses can be developed rapidly, in turn, speeding up results.
These trainings have been found to produce measurable results for countries around the world in areas such as employee performance and business outcomes. Having these trainings in place also attracts top talent, and can eliminate skill gaps. These are noticeable benefits from both an internal and external standpoint, pushing for a more well-rounded business.