Your company's future prosperity hinges in great part on the strength of training and development you provide. With the advent of tools such as learning management systems and leadership development programs, your organization can enjoy greater productivity and a healthier bottom line. Below is a look at the growing role of training and development for companies in 2018 and the importance of selecting an industry leader to help you cultivate your organization's training platform.
How Has the Training Landscape Evolved?
"Blanket, one-size-fits-all training is no longer adequate to meet the unique needs of learners. They expect and require training that is customized to fit into the context of their workflow and meets the specific needs of their job role and function."
- Doug Harward and Ken Taylor, Training Industry Magazine
The training landscape has undergone a complete metamorphosis over the past decade. In the past, workforce training consisted of bulky training manuals and a week confined to a classroom. Training was often dreaded by employees and sometimes viewed as a necessary evil.
Fortunately, the training landscape has evolved into an exciting, dynamic field that has changed the way employees approach the training process. Josh Tolan, CEO of Spark Hire, outlines some of the key ways that technology has transformed training and development. They are summarized as follows:
- Employees can now learn on demand whenever they wish using their favorite mobile devices.
- Training is provided using a blended approach that may feature videos, observation, and role-playing.
- Employees now acquire information via micro-learning as opposed to lengthy classroom sessions.
- Learning is now a more social process that involves interaction with peers and instructors.
The Building Blocks of a Successful Internal Training System
The most effective internal training systems are multi-faceted and fluid. They evolve with your business and foster employee engagement. They are not unidimensional but are comprised of several key components that work together to foster learning. Below are the four building blocks of a successful internal training system.
1) A Learning Management System (LMS)
The LMS represents a stark contrast to traditional modes of training. Instead of flooding employees with an overwhelming amount of information during grueling 8-hour classroom sessions, an LMS enables employees to engage in learning whenever they wish using a tablet, smartphone or other electronic devices. Most importantly, an LMS enables employees to learn at their own pace.
2) A Comprehensive Onboarding Program
"The onboarding experience should be much more than making sure the right forms are completed by new employees on day 1...From an employee's view, onboarding offers the chance to become a vital and engaged member of the corporate community. From an employer's perspective, it's a chance to build a strong new relationship that can bring significant returns on investment."
- Mike Bearup, ColoradoBiz
A stellar onboarding process is the cornerstone of job satisfaction for a new employee. When introducing a new employee to your organization, make sure that you do not forget to do the following:
- Track the employee's learning progress
- Ensure that the employee is well assimilated with his or her team
- Seek feedback from the employee at the end of the onboarding process
3) Ongoing Employee Training
"Most employees have some weaknesses in their workplace skills. A training program allows you to strengthen those skills that each employee needs to improve. A development program brings all employees to a higher level so they all have similar skills and knowledge. This helps reduce any weak links within the company who rely heavily on others to complete basic work tasks."
- Shelley Frost, Houston Chronicle
Establishing a company culture that supports ongoing learning and development is essential to developing a first-class training platform. Successful organizations encourage ongoing learning in the following ways:
- Celebrate training milestones and achievements through employee recognition and rewards.
- Allow time for employees to participate in community-sponsored skills development programs.
- Involve high-performing employees in the training process by having them mentor new hires.
4) Leadership development
Fostering leadership at your organization is critical to establishing a foundation for future prosperity for your organization. Recognizing high-performing employees for their achievements and involving them in key decisions are critical to retaining top talent and developing the next generation of stars at your company or institution. Finally, budding leaders should be encouraged to participate in mentoring programs and professional development organizations that will help them to sharpen their leadership skills.
How Does Enhanced Training Impact Employee Productivity?
"Organizations with high productivity or performance levels have made manpower development an integral part of their business culture. Training and development therefore should be considered not only as opportunity for growth but an investment that yields overall returns and benefits to organizations and employees."
- Mohammed Raja Abulraheem Salah, Ph.D.
The impact of training on employee productivity cannot be ignored. For instance, a study launched by the Census Bureau for the Federal Department of Education found that a modest 10 percent increase in a workforce's educational attainment resulted in an 8.6 percent increase in productivity.
Employees who receive comprehensive training also have advantages that untrained employees do not have. In addition to acquiring new skills and gaining access to valuable information, employees who receive training feel more appreciated and challenged while at work. As a result of their supportive atmosphere, they are likely to experience higher levels of job satisfaction.
What is the Single Best Way to Enhance Your Training Platform?
As outlined above, there are many steps you can take to develop your internal training system. However, the single most effective way to enhance your training platform is to seek the guidance of an industry expert. By seeking the services of a leader in the employee training industry, you can improve employee retention and enjoy a healthier bottom line.
Fortunately, you can put your organization on the path to a five-star training system with just one click. We invite you to contact us to take the first and most important step to a more productive workforce and increased revenue. With the help of ENGINE, you can create an award-winning training platform that will position your company or university to become a leader in your industry. We look forward to serving as your single source for all of your training needs!