My Elevator Speech
I’m here to tell you that training is important and can drastically help you to motivate, retain and empower your employees.
You may be asking yourself why should I continue to train my employees? Given the current economies of the world why bother when nobody is leaving my organization anyway?
Main reason is you have attracted some amazing people to your workplace however, when the economy picks up they will change roles if they are not feeling as though you are allowing them to grow in their role.
Training means your employees will stay current with new technologies.
Employees want to feel that you are investing in them and helping them to grow their talents. If you train and allow them to better themselves they are more likely to stay in your organization and you will spend less money having to rehire and retrain new people to take their role. You can then spend your time helping your employees and ensuring they are performing as necessary.
If your employees are happy then your clients will be happier as they will receive better service and thus you will be happy. Training your employees will go full circle in ensuring everyone in your business is left feeling motivated and happy with the business they are doing.
E Vanderburg
Posts
Good twist on the impact and importance of training. Bradley (2010) would agree with the sentiment behind retention and its relation to the economic status of the organization and/or community. Investing in the current workforce by offering various developmental opportunities can only add to an organization's ROI. For instance, tuition reimbursement provides an employee the opportunity to seek a higher degree of skill related to their current or desired organizational role. Although training is not being conducted by the organization in this manner, it does speak to investing in talent potentially resulting in retention and minimizing training efforts, much like a "win-win” situation.
ReplyDeleteReference
Bradley, A. (2010). Shifting away from an employer’s market. Training and Development, 64(7), 16–17. Retrieved from the Academic Search Complete database
Renee Evans
Liz, your elevator pitch is forceful and convincing. I can't load your audio file (Blogger won't give it to me), but based on the text, I have high expectations.
ReplyDeleteI think we could all place greater emphasis on the assertion that training employees now helps with retention (does anyone have a citation for this?), and that retaining employees is significantly less expensive than recruiting and hiring new ones. Training may be expensive, but if it prevents greater expenses, it's economical.