The gravity of training and development in a business - byldgroup/BYLD-Group GitHub Wiki

Training and development are essential functions in today's ever-changing and fast-paced business world. Training and development, unfortunately, have yet to be given the priority they deserve by most organizations and their people in the lead. There's an enormous value in organizing training and development sessions for your people. Training enables executives at all levels to acquire new skills, perform better, sharpen existing ones, improve productivity and be better leaders. Since an organization is an amalgamation of what your people achieve individually, the company must do everything possible to ensure that everybody performs at their peak. 

Here are why training and development should be integral for all organizations regardless of their sizes or nature of business. 

New recruit orientation

Training is specifically indispensable for new joiners. The program could be organized by a trainer from within the company or by an external source who has earned many feathers to their caps in terms of training and developing executives at all levels. The training will ensure a new platform to have new joiners up to speed with the organization's process and address skill gaps, if any.

Handle shortcomings

Every person has certain shortcomings; training and development help your workers iron out the wrinkles.

Improvement in performance

If the weaknesses and shortcomings are addressed, it is quite apparent that a worker's performance gets better. Training and development but also amplify your strengths and obtain new skill sets. It's indispensable for an organization to break down the training and development required to target relevant individuals. 

Employee gratification

An organization that spends on training and development usually tends to have gratified workers. The exercise, however, has to be relevant to the workers and one from which they could learn something. It'd be totally futile if training and development become dull and tedious, and workers attend it only because they must. As a company, we stress over thorough industry training and send most workers to international conferences and seminars that could benefit them. 

Increased productivity

In a fast-evolving environment, productivity is dependent on the workers and the tools and technology they leverage. Training and development have always gone a long way in getting the workers up to speed with the new technology, leveraging existing ones better, and also discarding the outdated ones. This has also gone a long way in getting things done in a more efficient manner and in the most productive manner. 

Conclusion

Training and development programs could have an enormous impact on a business. Like every other operational element in a business, training and development must be focused on generating tangible results for the organization. The key is to treat it with all sincerity and also believe it to be a capital investment and make it result-driven.