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Benefits of Business Training
Training is an essential way of improving your effectiveness and that of your workforce to grow your business. There are many different classifications of training – each bringing broad benefits to the individual and ultimately, the organisation.
The Benefits of training will include:
- Improved productivity
- Improved skills enabling a diverse range of work.
- Improved ability to implement and attain specific goals.
- Increased ability to respond to change effectively.
Training improves:
- Competitiveness
- Morale
- Profitability
- Customer satisfaction
- Company status and profile
It can also lead to the decline in:
- Inefficient use of time and materials
- Work based accidents
- Cost of maintaining equipment
- Staff turnover, sickness and absenteeism
- Recruitment expenditure
Training also makes a company more attractive to potential new staff. Implementing a training strategy involves the efficient training and improvement of people within the organisation, enabling them and the company, to achieve their personal and corporate best.
Strategic training varies according to both personnel and corporate needs; important components include:
- Objectives
- Individual’s development
- Team building
- Team development
- Leadership development
- Coaching and mentoring
Training can be delivered in varying formats and could include:
- Classroom training
- On-the-job learning
- Mentoring
- In-house training, including desk-side
- Individual study, including computer based learning
Managed and delivered well, training is cost productive, boosting personal and staff morale, increasing productivity and giving your organisation the competitive edge to success.
1230 Business School wants your business to succeed. That’s why we’ve teamed with a dynamic group of individuals to deliver our training courses. Collectively they have a wealth of experience and expertise in a range of different areas and are passionate about sharing the wisdom of their experience with you. training@1230businessschool.co.uk 020 8650 8015
About the Author Jackie Groundsell
Jackie Groundsell is known as the queen of women's business networking lunches - the connector. She supports thousands of small business owners through her events and lunches.